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Showing 6061 - 6070 of 18124 results for "superannuation"

Accountant banned for bad SMSF advice

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
... Dikmen - was found by the corporate regulator to have prioritised her own interests ahead of her clients. The Saber Superannuation accountant was found to have advised clients to establish SMSFs without considering their personal circumstances during ...

Actuaries Institute welcomes retirement income reforms

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
... welcomed the Government's action on Comprehensive Income Products for Retirement, including the requirement for all superannuation funds to offer a retirement income strategy. Acknowledging the passage of legislative changes, Actuaries Institute Retirement ...

Pay super fortnightly: ISA

HARRISON WORLEY  |  TUESDAY, 19 FEB 2019
The industry superannuation peak body believes retirement savers are losing millions in interest due to quarterly super contributions. Industry Super Australia is calling for changes to the laws governing superannuation contributions in Australia, arguing ...

Major shareholders defy proxy advisers: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 FEB 2019
Superannuation funds and investment managers are increasingly voting contrary to the recommendations of proxy advisers, according to new research. The annual Link AGM Snapshot report showed a drop in the influence of proxy advisers, with super funds ...

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... preferred platform, highlighting the post-Royal Commission optimism. With the Royal Commission also recommending superannuation trustees act solely in that capacity, the firm said it would set up a new wholly-owned subsidiary as the trustee of the Netwealth ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... current operating models in the financial services market - reshaping the financial advice, life insurance and superannuation sectors, and the distribution model for retail credit," EY wrote in its Where to next report. The recommendations to remove ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
... breached the Corporations Act in 2014, during two telephone campaigns in which staff recommended the rollover of superannuation accounts to Westpac/BT super products. However, the judge said ASIC failed to prove the phone calls constituted personal financial ...

Super fund awards $275 million mandate

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
A $195 billion asset manager secured a $275 million mandate from an undisclosed superannuation fund. The super fund is investing in GAM's systematic risk premia strategy which typically targets around 15 risk premia strategies across the categories ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... send 370,000 low balance super accounts to the ATO. Following the Senate passage of the Government's centerpiece superannuation legislation late last week, AMP informed the market it would feel the pinch. The wealth manager said that barring any changes ...

BTFG restructure sees corporate super lead exit

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
The head of corporate superannuation at BT Financial Group will depart following a strategic review. BT Financial Group has confirmed to Financial Standard it will merge its superannuation distribution teams "to maximise the expertise across all BT ...