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Showing 6401 - 6410 of 18124 results for "superannuation"

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... providing financial services for three years. Perth-based Atkins provided advice to clients to establish a self-managed superannuation fund (SMSF) and use limited recourse borrowing arrangements to fund the purchase of real property. ASIC's investigation ...

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
... pension funds has found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. A new report from the Asset Owners Disclosure Project shows 63% of the world's largest pension funds provide ...

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... the AFCA's complaint resolution scheme, which sets out rules and processes applied to all complaints, including superannuation complaints. It also approved the independent assessor terms of reference; a person or business directly affected by how AFCA ...

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
... ultimately be responsible for the Government's response to the Royal Commission. His remit will extend to taxation and superannuation policy, budget, economic and fiscal policy, and major foreign investment decisions. Newly anointed Assistant Treasurer ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching its Get Your Super Back campaign yesterday, Slater and Gordon alleged CBA-owned super fund Colonial ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
Self-managed superannuation funds are increasingly shifting away from cash to Australian equities, latest SuperConcepts figures show. Cash and short-term deposits dropped from 19.8% to 17.3% in the 12 months to June 2018, according to SuperConcepts' ...

Industry super fund commits to green bonds

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
An $11 billion industry superannuation fund is a founding signatory to the Green Bond Pledge. Local Government Super (LGS), the industry fund for NSW local government employees joined the US state treasuries of California, New Mexico and Rhode Island ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... employer funds to be included in the Productivity Commission's proposed best-in-show list of recommended default superannuation funds. WSSA chief executive Douglas Latto said if the Productivity Commission's recommendations for the employee assisted ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
ASIC's latest review into insurance in superannuation shows the industry still has "significant weaknesses" despite the launch of the voluntary code of practice nine months ago. Over 2017-18, ASIC reviewed 47 superannuation trustees, which included ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
Several industry superannuation funds are teaming up to consolidate multiple accounts estimated to save members $100 million per year. The cross-fund matching initiative will see 18 industry funds consolidate 500,000 low balance, inactive accounts. ...