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| | | Vanguard Investments Australia managing director Daniel Shrimski believes Australians would be shocked to learn how much is being drained from their retirement savings through super fund fees. New research commissioned by Vanguard, conducted by CT Group ... |
| | | | The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ... |
| | | | ... another consultation on superannuation life insurance disputes opened earlier last month. AFCA encourages stakeholders to review the revised approach document on super death benefits, which includes minor clarifications to guidance on handling complaints ... |
| | | | The Federal Court threw out ANZ's appeal against a ruling it breached continuous disclosure laws relating to a 2015 institutional share placement and upheld the bank pay the $900,000 penalty. ASIC took action on ANZ in 2018, alleging it failed to notify ... |
| | | | ... 14 years at Growthpoint. He remains there as an adviser. The transaction requires approval from the Foreign Investment Review Board (FIRB). If approved, the deal is expected to complete in December. Growthpoint reported a statutory net loss of $298.2 ... |
| | | | GESB, the public sector fund for Western Australia, has had its governing regulations amended to enable its adoption of the 2019 Protecting Your Super reforms - part of a broader suite of changes it's looking to implement to ensure sustainability. This ... |
| | | | ... updated in 2022, presented the ASFA 'Comfortable Standard' as $47,217 per year, when the correct figure at the time of the review was $51,630, the research said. Several funds also used fees that didn't match their PDS. Diversa offered a generic calculator ... |
| | | | ... solutions for the managed account division. She also served as the Asia Pacific representative for the Mercer Research Ratings Review Committee. Before arriving at Mercer, she was part of the executive management team recruited to establish the retail ... |
| | | | Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report. The report said that stopping companies from making ... |
| | | | ... cautioned that the deal remains subject to conditions precedent, including third-party consents, and Foreign Investment Review Board Approval, and various transaction and completion adjustments. Completion, nevertheless, is anticipated in Q2 2025. |
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