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Showing 581 - 590 of 4784 results for "Super funds"

Former adviser lands in jail

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... Mark Raymond Sebo guilty of misappropriating $1,056,685.18 by either helping clients set up or maintain self-managed super funds. Sebo used all the money to feed his gambling habit between July and August 2019 while he was sole director and shareholder ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... merger options for the future." It cited ongoing consolidation in the sector, namely the dwindling number of corporate super funds, with just 11 remaining. According to APRA statistics, in 2004 there was 761. "Any potential merger partner would need ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... dealing with the cost-of-living crisis. As such, employers are looking at how their existing partnerships, like with super funds, could be leveraged to benefit their workers. TAL general manager, industry fund partnerships Dan Taylor said the research ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... from leaving the country and saw his assets frozen as ASIC investigates if he inappropriately charged clients' super funds. ASIC dealt out a three-year ban to David Noel Ruthenberg last July for putting his own best interest first after he recommended ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... businesses, and the family home, but including SMSF assets. According to the report, more HNWIs than ever have self-managed super funds (SMSFs), and the wealthier they are the greater that percentage. While 56% in the $1 million - $2.5 million bracket ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... to support those who provide it," he said. "We pride ourselves on not only being one of Australia's best-performing super funds, but also being super helpful - to our IFA partners, just as we are to our members and employers. The new Adviser Portal is ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Generation X and Millennials are leading the charge in establishing self-managed super funds (SMSFs), according to new analysis from Class. The 2023 Annual Benchmark Report reveals that Generation X aged 42 to 56 (52.7%) and Millennials aged 27 to 41 ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
The top 300 pension funds in the world, including 16 local super funds, have seen their assets drop for the first time since 2018. According to the Global Top 300 Pensions Funds report, conducted by Willis Towers Watson (WTW) and the Thinking Ahead ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... will be jointly driven by their shared member base. The board will comprise 11 representatives from profit-to-member super funds, as well as an employer and employee representative, who will be non-voting members. Building on both legacies, AIST and ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... for access to its global strategies. Natixis has built a distribution platform that can partner with not just the super funds but also the rapidly growing advice businesses and the consultants who support them. Watson is also responding to the growth ...