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Showing 6391 - 6400 of 18125 results for "superannuation"

Advisers granted stat dec authorisation

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... help people simplify their finances and set achievable goals, particularly in relations to complex matters such as superannuation, tax planning, debt management, investments and retirement." The FPA is delighted advisers can now act as a trustworthy ...

Frydenberg appoints second APRA deputy chair

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
... counsel assisting Michael Hodge questioned whether APRA and ASIC adequately addressed the problematic cultures of superannuation fund providers in his fifth round submission paper. After the superannuation round of hearings, Hodge said he doubted the ...

AustralianSuper awards international property mandate

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
... marking the cornerstone transaction for a new mandate with a global real estate manager. Australia's largest superannuation fund and TH Real Estate have provided a $514 million development facility to finance One Crown Place in London. The loan will ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... better off at retirement compared to those invested in choice products. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper are missing out on $52.5 billion over a 10-year ...

Big-spending retirees live in Melbourne: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... be entirely funded by the full Age Pension, Milliman noted. Retiree couples living in Stonnington would need a superannuation balance of more than $403,000 to sustain their spending habits and a majority of that is spent on leisure or discretionary items. ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
The retail superannuation master trust charged incorrect fees to some of its members in the Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... to holdings. APRA's June 2018 statistics show MySuper continued to grow at a faster rate than other segments of superannuation, comprising 25% of the asset pool. MySuper assets grew 13.6% to $675.6 billion over the period. Australia's total retirement ...

Industry fund cuts property portfolio emissions

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... Disclosure Project found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. The report shows 63% of the world's largest pension funds provide very little information on the financial ...