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Showing 5841 - 5850 of 18124 results for "superannuation"

EQT names local head of fund services

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... management company services to Irish and European funds. It recently acquired Zurich's subsidiary Zurich Australian Superannuation for $6.2 million, bringing under its management about $1 billion in funds and 18,000 members.

Call for super funds to divest gambling interests

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... Ethical has launched a new campaign to try to prompt Australians to consider whether they like the idea of their superannuation savings funding the gambling industry. Australian Ethical research found some of Australia's largest super funds by assets ...

Sargon launches SMSF alternative

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2019
Financial advisers and their clients now have an alternative to the traditional self-managed superannuation fund, with Sargon partnering with an $11.5 billion platform to launch a small APRA fund. Sargon has partnered with HUB24 to provide advisers ...

Industry super fund appoints new chair

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
An $8.6 billion industry superannuation fund will welcome a new chair as the incumbent completes the 12-year term. The Australian Catholic Superannuation and Retirement Fund announced David Hutton will take the post from July 1, replacing Richard Haddock. ...

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
The looming Protecting Your Super reforms is putting some superannuation funds at risk of not meeting the deadline as they scramble to have compliant systems and processes in place. QMV principal consultant for legal and risk Jonathan Steffanoni says ...

Industry fund dips toes in private equity

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
An $8.6 billion industry superannuation fund is gearing up its first private equity play in almost half a decade, as it readies for an environment of lower returns. Australian Catholic Superannuation Retirement Fund chief investment officer Michael ...

Industry fund fined over independent advice claims

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
A major industry superannuation fund has been forced to remove "independent" from its financial advice messaging and consequently slapped with a financial penalty issued by the corporate regulator. ASIC alleged Hostplus provided misleading claims to ...

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
A growing superannuation fund has become the first to divest from every company in its portfolio that has an all-male board. Future Super has sold out of all companies that do not include a single woman on their board, saying they are not only failing ...

SMSF wind-ups spike: ATO

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
The number of self-managed superannuation fund (SMSF) wind-ups shot up in the last 12-24 months, according to Australian Tax Office data. Latest ATO data reveals in 2014 the number of SMSF wind-ups was 12,654 and hovered around that point, reaching ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Many superannuation fund members are feeling confused after receiving communication from trustees attempting to explain the new Protecting Your Superannuation Package laws. Some super funds however, are outshining others. APRA wrote to trustees today ...