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Showing 5661 - 5670 of 22790 results for "Funds"

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... that often women have broken working patterns, work part-time and tend to be lower paid," Association of Superannuation Funds of Australia chief executive Martin Fahy said. "Structural issues such as the $450 per month threshold for SG, not receiving ...

Insurance in super is confusing: Consumers

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... without referring them to a financial adviser. This demonstrates members only have a vague idea about the information super funds can provide and do not understand the demarcation between the two, the research states. It also notes that it is possible ...

Kogan execs chase big bonuses

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... executive remuneration," he said. Ridder said he had met with some of Kogan's largest shareholders, including industry super funds and institutional fund managers. "What became clear from the meetings I had was that we should have held an [extraordinary ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... the report found. The barriers to seeking that advice are cost, small finances and lack of trust. The report found super funds are uniquely well placed to provide financial advice, however, it acknowledged there is likely to be a conflict of interest ...

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... While there had been a significant increase in the amount of insurance cover provided to the community though superannuation funds over the last 10 years, Rice Warner said, the current landscape has led to the underinsurance gap widening since 2017. ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... managing corporations. ASIC said it will not seek recovery of the penalty against Theta, as doing so would decrease the funds available for distribution by the liquidator of Theta to its creditors. Theta placed itself into voluntary administration in ...

Treasury expected to release retirement review

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... during the October 4 federal budget which the government used to announce radical performance benchmarking for superannuation funds. The Treasury is now gearing to release the report tomorrow, with a heads up on the exact timing expected tonight. Key ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... (management) and non-executive (governance) roles. The senior executive leaders (such as for insurance, superannuation or managed funds) reported into the commissioners. This left them drained of "bandwidth". "The Panel believes that a dual governance ...

New trustee for Spaceship

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
... as a strategic adviser for Pacific Infrastructure Partners. Diversa provides trustee services to 23 APRA-regulated super funds with more than $8 billion of assets under management. Spaceship wrote to members saying that the change will not impact them ...

Implemented Portfolios adds to board

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
... team. She will be working closely with head of distribution Phil Pilgrim. The firm recently celebrated its $1.5 billion funds under management milestone. "It's pleasing to see our momentum continue over a sustained period and we see that as confirmation ...