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Showing 6201 - 6210 of 18124 results for "superannuation"

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Labor is promising to crack down on "dodgy" employers that underpay or fail to pay superannuation with tougher penalties if it comes to power. Shadow Treasurer Chris Bowen proposed new measures over the weekend in a bid to curb the "enormous issue" ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... markets continue to trade poorly, investors are increasingly seeking the safe haven offered by government bonds. Superannuation members in UniSuper's balanced option recorded a 1.7% return for the year to 30 November 2018. Within that, Australian ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... Williamson's remuneration to the ASX, which is a fixed remuneration package of $400,000 comprising base salary and superannuation. He stands to pick up an extra $200k if Freedom or a related party acquires a life insurance license. The firm also ...

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... (total assets excluding owner-occupied homes) of $331,000 - 40% higher than 2008 balances of $237,000. In 2018, superannuation represented 69% of the gross wealth of intending retirees, which is greater than 53% in 2008. Subtracting the current average ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
A former Liberal Party leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson ...

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
MLC confirmed that one of its superannuation funds under the Plum brand incurred an administration error. It is understood the admin error affected about 30 members from a legacy ExxonMobil defined benefit scheme. MLC did not disclose if the incorrect ...

Super admin provider adds chief information officer

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
The director of Westpac's security risk and culture program has joined an ASX-listed provider of superannuation administration and trustee services. Anne Coull has been appointed chief information officer at OneVue. The group said the appointment reflects ...

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The New Zealand Superannuation Fund has awarded a $298 million (US$215m) risk-arbitrage mandate to a diversified international investment manager. Neuberger Berman won the customised mandate and its principal strategies group will oversee the investments. ...

Former AFL club president joins super fund

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
A former Port Adelaide Football Club president will now chair the board of a $28 billion superannuation fund. Greg Boulton has been appointed by the Governor of South Australia as presiding member (chair) of Super SA. He has been appointed for a period ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
A $3.6 billion public offer fund has made a number of fee changes to its superannuation and retirement products. WA Super has ceased charging an $80 exit fee and $80 withdrawal fee for its Retirement Solutions product from 5 November 2018. Members can ...