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Showing 41 - 50 of 20576 results for %22Super%22

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Mellon and Deloitte. The role was previously held by Gerard Brown, who was appointed in July 2019, and finished up at the super fund in 2023. HESTA chief executive Debby Blakey said: "Sophie's extensive experience in investment operations will undoubtedly ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... ringfencing part of individuals' superannuation for aged care, which is entirely appropriate - given the true objective of super." She added the phase out of RADs will also lead retirees to have greater confidence to draw down on their super in retirement. ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... products as part of a choice framework". The consultation, which wrapped up on 3 November 2023, proposes employers pay staff super entitlements on the same day they pay salary and wages effective from 1 July 2026. Hostplus pointed out that the "proliferation ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
The Super Members Council (SMC) has slammed a proposal by Shadow Minister for Housing Michael Sukkar to allow Australians to access their superannuation to buy their first home. The Shadow Minister said the Coalition was determined to help younger Australians ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
APRA and ASIC have released more information about the Financial Accountability Regime (FAR) in preparation for the March 15 launch date. The regulators unveiled several key materials for the financial services sector, which were under consultation ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... test, shifting members into untested products, or hiking fees to cross-subsidise products under scrutiny. Meanwhile, the super sector's diversity also means that some edge cases, such as annuity retirement phase or niche single-sector products, aren't ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... improve women's economic security in retirement. This comes after the Albanese government announced last week it would pay super on paid parental leave for government workers if it wins the next election in May next year. The initiative will standardise ...

Perpetual adds director, institutional business

ELIZABETH FRY  |  MONDAY, 11 MAR 2024
... Management. Earlier, she worked at NAB Asset Management and was the Western Australia business development manager for NGS Super. She has also held similar roles at Macquarie and Credit Suisse Asset Management. "After taking a well-deserved break - literally ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... common types of tools already used by unadvised adults are budget planners (54%), retirement needs projectors (46%) and super contributions calculators (46%) - where all three also received the highest in demand. "Appetite for digital advice naturally ...