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Showing 5871 - 5880 of 18124 results for "superannuation"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
Two industry superannuation funds have announced a joint venture that will create a $26 billion entity, aimed at delivering scale benefits to their combined 150,000 members. Equipsuper and Catholic Super have signed a memorandum of understanding to ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... stock of its effectiveness since the 2013 Stronger Super reforms and flagged more improvements lay ahead for the superannuation sector. In a new information paper published yesterday, APRA said it aims to undertake a post-implementation review of all ...

Admin change leaves super fund members in the dark

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
Nearly a year after a $15 billion superannuation fund announced it was switching administrators, members have been left in the lurch with technical difficulties. Members of CareSuper have not been able to log into accounts, change options, turn insurance ...

Former Labor senator joins Sargon

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... skills, along with a deep understanding of Australia's regulatory and policy settings and the evolving nature of superannuation." Conroy described his appointment to as "the perfect capstone" to his prior experiences, noting the considerable time he ...

Aon exits advice

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... decision to leave advice reflects an earlier "strategic decision" it made in 2017 to exit the sector and focus on superannuation and its investment offering, including smartMonday. "That decision has been reflected in Aon's alliance with Equity Trustees ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
In its third iteration, challenger superannuation offering Human Super will relaunch under a new name, almost two years after its initial attempt to enter the market. Human Super - a superannuation product designed specifically for women - will relaunch ...

ATO demands crypto data

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... The ATO said the purpose of the data matching program is to ensure taxpayers are correctly meeting their tax and superannuation obligations - particularly in relation to cryptocurrency transactions. It said it wants to promote voluntary compliance amongst ...

Super fund awards $50m mandate

KARREN VERGARA  |  MONDAY, 29 APR 2019
EG Funds Management has won a mandate from a $9 billion superannuation fund. The real estate investment manager, with $2.1 billion under management, was awarded a $50 million mandate from Tasplan, which will invest the funds in EG's High Income Sustainable ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... intending retirees have average growth wealth of just $299,000. This is well below the $545,000 the Association of Superannuation Funds of Australia (ASFA) estimates an individual will need to self-fund their retirement. Given the shortfall, Roy Morgan ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... it said. Under the Future Fund Act 2006, its net earnings will be available to meet the Australian Government's superannuation liability in 2020-21. Projected earnings are $5.2 billion in the next fiscal budget. This will be followed by $5.6 billion ...