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Showing 5911 - 5920 of 18124 results for "superannuation"

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
... slowdown in the ASX in the December quarter has had a major negative impact on household wealth, particularly on superannuation and directly held shares," Morris said. "This combined with falling housing values and the uncertainty around the coming Federal ...

Industry fund appoints former Rest GM

HARRISON WORLEY  |  MONDAY, 15 APR 2019
A $2.8 billion industry superannuation fund is welcoming a former Rest general manager to lead its member experience capability. Club Plus Super appointed Beth Parkin as its new head of member experience, as the fund aims for a larger membership base. ...

Superannuation bills on hold

KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, a highly anticipated ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... that IOOF Investment Management and Questor Financial Services, subsidiaries of IOOF, breached their duties as superannuation trustees. The law firm initially said it would file the action in mid-March. Revelations that IOOF's directors and officers ...

NZ Super dumps guns

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... total, $19 million of investments will be divested. The fund said the decision of the Guardians of New Zealand Superannuation - the crown entity managing the fund - was a reflection of the passing of the Arms (Prohibited Firearms, Magazines and Parts) ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... left by the banks and offer flexible solutions for retirees to meet retirement funding needs from a combination of superannuation, the savings in their home and their Age Pension. "Retirees want to stay at home, but many are struggling to make ends meet ...

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

Founder leaves SMSF Association

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... the task, whether it was as the chief executive or non-executive director." "The fact every major inquiry into superannuation, starting with the Cooper Review in 2010, has largely given the SMSF sector a clean bill of health is a testimony to what she ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
... international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed out 306 mandates totaling $48 billion in the 12 months to December 31. About a quarter ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
The Australian Institute of Superannuation Trustees has slammed ASIC's move to defer consumer disclosure requirements for choice superannuation products for up to four years. Currently, superannuation funds with more than five members must disclose ...