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Showing 5791 - 5800 of 18124 results for "superannuation"

Suncorp Super faces action over adviser pay

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
Two law firms are working to bring a class action against a retail superannuation fund, with existing and former members suing over conflicted remuneration paid to financial advisers. Suncorp Portfolio Service, also known as Suncorp Super, is facing ...

Spitfire acquires adviser platform, names chief

ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
... is used by over 6000 advisers and clients, for an undisclosed figure. It has two wrap products: the Wealthtrac Superannuation Master Trust and the Wealthtrac Portfolio Service. Matthew Johnson, who has led Wealthtrac as chief executive for more than ...

Prime Super drops admin fees

KARREN VERGARA  |  MONDAY, 3 JUN 2019
The $5 billion superannuation fund will no longer charge administration fees to members with less than $6000 in their account. Prime Super will cease charging admin fees in line with the Protecting Your Super changes effective 1 July 2019. Chief executive ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Colonial First State has appointed a senior Qantas Super executive to a superannuation governance role. The institution has appointed Hugh Loughrey as the head of the office of the trustee. He moves into the role as former head of the office of the ...

IRESS acquires market data firm

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... increased channels for data beyond desktops." IRESS provides technology solutions trading and market data, advice, superannuation and lending solutions. It reported a net profit after tax of $64 million for 2018 which is 7% higher than the previous y ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... level since pre-Global Financial Crisis highs. Core holdings for many self-directed investors and self-managed superannuation funds, the big banks made gains including Westpac adding more than 9%. Meanwhile, Mortgage Choice's share price surged 14.5% ...

Sunsuper chief executive departs

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... capability and steered the organisation through an intense period of growth to become the fastest-growing top-10 superannuation fund in Australia," he said. Hartley stepped into the role in late 2013, when Sunsuper was a $25 billion fund with one million ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
Two major fund administration providers are feeling the pinch of the new superannuation reforms. Link Administration told shareholders that the new Protecting Your Super Package laws will impact its earnings and operations in the 2019 financial year. ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
A $1.5 billion superannuation fund will increase life insurance premiums as a result of the Protecting Your Super Package reforms. New and existing REI Super members will pay more for death and TPD cover from 1 July 2019. They join the ranks of AustralianSuper ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... said it will "vigorously" defend the class action launched by Maurice Blackburn Lawyers, alleging it overcharged superannuation fund members fees unjustifiably. Backed by litigation funder Harbour, the law firm filed a class action seeking compensation ...