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Showing 6301 - 6310 of 18124 results for "superannuation"

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" sector in illegal phoenxing activity, according ...

Assistant Treasurer warns super funds to lift engagement game

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Federal Assistant Treasurer Stuart Robert slammed superannuation funds for not doing enough to engage members and for specifically letting the issue of multiple accounts get out of control. Robert told this week's Financial Services Council policy ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... representative of PIS between September 2010 and October 2011. ASIC alleged that Birk withdrew cheques from a client's superannuation account without authorisation and deceived some clients about the use of funds withdrawn. He also deceived another ...

Diversa executive joins managed accounts specialist

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... relationship management at Diversa Trustees has moved to a managed accounts provider with the task of expanding its superannuation solution, following an acquisition. Joining Managed Accounts Holdings (MGP) as its head of trustee office is Brian Stieg. ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... trust in Australia's financial institutions in the wake of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry." "We will influence reform in the financial services sector by raising standards and improving ...

NAB signals more bad advice remediation

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
... the bank's full-year results as at the end of September 2018, which namely relate to its financial advice and superannuation businesses. Customer-related remediation totalled $261 million for the period. NAB is still undertaking a bank-wide investigation ...

AMP hires from MLC

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
... customers to hone the investment product offering and administrative efficiency. Egan will report to AMP's director, superannuation, retirement and investments Rod Finch. "Shaun is a highly experienced financial services executive, with extensive knowledge ...

Industry fund appoints former Labor politician

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... Her rich experience in health and governance will be a huge asset as we continue to focus on being leaders in the superannuation sector and making a real difference to the financial future of our members." Outgoing chair Emslie leaves after eight years ...

Treasury delays CIPR timetable

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... updates to the proposed Comprehensive Income Products for Retirement (CIPRs) initiative, one of which is giving superannuation trustees more time to get retirement income strategies in order. Robert told a Financial Services Council (FSC) event in Sydney ...