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Showing 6091 - 6100 of 18124 results for "superannuation"

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
More than $850 million of lost superannuation was found and consolidated towards the end of 2018. Releasing new data this week, the Australian Taxation Office (ATO) said more than 66,000 Australians found and consolidated some of their retirement savings ...

Sunsuper merges with corporate super fund

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
IAG & NRMA Superannuation Plan will merge with Sunsuper. IAG & NRMA Superannuation Plan chair David McClatchy told members in a letter that following a review, the trustee concluded the fund could no longer operate as a standalone corporate superannuation ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... director of research and compliance Alex Dunnin and his team. "What causes the damage to members' potential superannuation savings is the huge variation between super fund returns. As a result superannuation may seem like an unfair lottery," Dunnin ...

Pendal acquires Regnan

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
Pendal Group is acquiring the Commonwealth Superannuation Corporation's stake in ESG house Regnan. Regnan specialises in ESG research, engagement and advisory services. It will continue to continue to offer its independent services under the brand ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS Act), including giving APRA a power to issue directions to RSE licensees. "It may be that ...

Wealth manager appoints former NSW Premier to chair foundation

HARRISON WORLEY  |  WEDNESDAY, 6 FEB 2019
A former NSW Premier will chair a foundation supported by an Islamic superannuation fund. Bob Carr has been appointed as chairman of Crescent Foundation, the charity supported by Islamic superannuation fund Crescent Wealth. The former New South Wales ...

Hedge fund veteran joins Aura

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
... expanding Aura's international footprint. "The local market is transforming into a global centre as the Australian superannuation pension market is one of the largest in the world. This large asset base deserves the best alternative investment ideas ...

Australians prioritise car cover over life insurance

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
... Productivity Commission estimates about 12 million Australians have one or more forms of life insurance through their superannuation. A 2015 ASIC study found there were four million retail policies and about the same number (3.9 million) of people holding ...

Superannuation to face BEAR: Hayne

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
The Banking Executive Accountability Regime should be extended to superannuation. This is one of nine recommendations for the superannuation sector Commissioner Kenneth Hayne has pushed for in his final report released overnight. The BEAR came into ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... - which allows wealth managers to own and operate the entire wealth stack: funds management, financial advice, superannuation and platforms. Responding to the Commissioner's interim report late last year, Australia's big four banks, AMP and Macquarie ...