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Showing 571 - 580 of 10514 results for "Set"

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The Federal Court approved the $65 million settlement that was reached in December. At the end of 2024, MLC Super Fund, NULIS Nominees and MLC Nominees agreed to settle the class action that was brought against it for deferring the transition of members ...

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
Perpetual head of investment strategy Matt Sherwood has warned that passive investors banking on a repeat of the past 15 years of very strong global equity returns may be sleepwalking into a decade of disappointment. Sherwood said the past decade of ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... saying: "Over the next decade, more than 2.5 million Australians are expected to transition into retirement. That number is set to rise to nearly one in four Australians in less than 40 years. While superannuation balances and household wealth have grown ...

NZ Super appoints inaugural chief operating officer

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... and create a clearer line of sight between our strategic priorities and their execution," Townsend said. "Paula's skill set makes her the ideal person to take on this role." The appointment follows NZ Super's recent recognition of becoming the ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
New group insurance research finds that total permanent disability (TPD) claims are taking much longer to process, while death claims appear to have more efficient processes in place. According to Rainmaker's latest benchmarking data, a total of ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... during last year's dramatic outperformance, Lester said, "the question of geographic diversification almost started to get set aside." But now, even long-term investors, he said, are asking themselves whether they want to devote so much of their ...

Bill Gates to shutter Gates Foundation in 2045

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
... millions of people out of poverty. I believe we can leave the next generation better off and better prepared to fight the next set of challenges." He said the foundation's giving over the next two decades will be guided by three key aspirations: that ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
Former financial adviser Abdullah Popal has been charged with alleged fraud offences in Sydney's north-west, accused of hoodwinking five individuals out of over $160,000 from their self-managed super funds (SMSFs). A statement from Police NSW said ...

Industry bodies call for delay to Payday Super

JAMIE WILLIAMSON  |  FRIDAY, 9 MAY 2025
A collective of industry bodies, including Chartered Accountants ANZ and the Financial Advice Association Australia, want the government to push the implementation of Payday Super to July 2028. In a joint submission to Treasury, eight industry lobby ...

Longview Partners sets up local hub

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025
A former Apostle Funds Management global distribution lead has been named head of APAC and Middle East for a London-based firm. The newly created role will see Kimon Kouryialas lead Longview Partners' growth strategy in the region. Kouryialas is ...