Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 100+ results for "Superannuation"

Link enters UK pension market

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... UK and plans to expand this over the next financial year. "Link Group has been at the heart of modernising the superannuation (pensions) industry in Australia and we are delighted to now bring this expertise, technology and solutions capability to the ...

Clearstream wins custody mandate

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... Asia Pacific." "Being the largest global custodian in Australia, J.P. Morgan covers a client base ranging from superannuation funds to wealth platforms. Its connection to Vestima will deliver J.P. Morgan and its clients class-leading efficiency and reach." ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
The world's largest asset owners grew by almost 16% last year, but Australia's largest superannuation fund has slipped in the rankings. The latest research from Willis Towers Watson's Thinking Ahead Institute shows the world's largest 100 asset owners ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
A former financial adviser was sentenced to jail for facilitating the illegal early access of clients' superannuation to the tune of $1.5 million. Victoria-based Ahmed Saad operated Saad Wealth Management between 10 April 2012 until 16 October 2017 ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
Superannuation continues to break milestones, reaching $3.4 trillion in the year to September. Thanks to a 55% allocation to equities, the latest APRA statistics show that the superannuation pool reached another record high. Some 23% of total assets ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... processed as quickly as possible and the majority are processed within three days. We understand that some self-managed superannuation funds are still in the process of transitioning to SuperStream, and therefore not all requests come to Rest via this ...

Equip appoints head of retirement

JAMIE WILLIAMSON  |  TUESDAY, 23 NOV 2021
Promoting from within, the superannuation fund has created the role to strengthen its offering to retired members to optimise their outcomes. Sam Higgie has been appointed to the role, following three years working on the fund's product strategy. Prior ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... strategy and overseeing a program of significant investment by CBA and KRR "to make CFS one of the most competitive superannuation and investments businesses in Australia, which will benefit members, advisers and employers." Completion of the transaction ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... phase. The prudential regulator's deputy chair Helen Rowell spoke of the large imbalance perpetuated by the superannuation system that focuses on the pre-retirement phase and leaves post-retirement by the wayside. "It's worth reflecting at this ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... instructions and failed to adequately disclose the effect of advice (clients becoming uninsured after closing their superannuation accounts). In 2017, ASIC permanently banned Fong from providing financial services or engaging in credit activities. Fong ...