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Showing 561 - 570 of 2292 results for "industry fund"

Industry fund redeploys executives

JAMIE WILLIAMSON  |  THURSDAY, 23 APR 2020
An industry superannuation fund has shuffled the roles of two of its senior management, elevating one to its executive line-up. Christian Super has moved its chief member officer Nathan Buttigieg into the role of chief - operations and product. As of ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
New customer satisfaction data shows members' opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
An AFSL holder asked the court to review its entreaty to ASIC to waive industry funding levy for services that it was licensed to offer but did not. Polymath Investors acquired an Australian Financial Services Licence in 2010 to work with wholesale ...

Super funds need to act like banks: PM

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
The Prime Minister has called on industry super funds to invest in failing businesses, like Virgin Australia, to help sustain them during the COVID-19 crisis. Speaking on the ABC, Prime Minister Scott Morrison said industry super funds should be doing ...

Liquid and ready: Cbus

ALLY SELBY  |  THURSDAY, 16 APR 2020
... said. "Building and construction will be the frontline of Australia's economic recovery." The multi-billion dollar industry fund assured members it was in a strong liquid position to continue supporting its members. "Cbus has supported over 95,000 construction ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Having a highly paid team of investment professionals doesn't mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
Governments around the world are springing into action to leverage and safeguard pension pots during the COVID-19 economic and market turmoil. Australia in March allowed workers to withdraw $10,000 for this financial year and the next from their superannuation ...

Industry fund continues investment team expansion

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... strategic tilting. HESTA has appointed Luke Galloway as general manager of strategic tilting at the $50 billion industry fund, as it continues to evolve its investment capabilities. Galloway has worked with the fund since November, when he was appointed ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... major market decline - during the Global Financial Crisis - savers who moved their money from an average balanced industry fund into cash were $4000 worse off after three months, $13,800 after a year and $34,800 worse off after five years," ISA said. ...

Vanguard boosts superannuation team

ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
Vanguard has created a new head of operations role for its burgeoning superannuation offering, hiring from an industry fund. Rachel Reynolds has stepped into the role of head of operations, superannuation at Vanguard. Reynolds spent almost five years ...