Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6751 - 6760 of 18128 results for "superannuation"

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. Existing ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... and development since 2014. At Praemium, Thomas will play a key role in the creation of a dedicated self-managed superannuation administration service which is currently in development. A spokesperson for Praemium confirmed: "The SMSF solution will allow ...

Super fund awards $150 million fixed income mandate

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
A $152 billion US-based fund manager received a $150 million mandate from a Queensland-based industry superannuation fund. Payden and Rygel will manage a customised version of its Payden Absolute Return Investment (PARI) strategy on behalf of Sunsuper. ...

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
A super fund with more than $1.5 billion in assets under management has adopted the Insurance in Superannuation Voluntary Code of Practice. REI Super is the latest fund to adopt the voluntary code, with implementation of the code set to begin on 1 July ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... two vehicles totaling $53,000 in value, and $7590 held in Westpac accounts. They also held $166,000 in a HESTA superannuation account and $52,000 in a Cbus account. Between them they had about $300,000 in life and TPD insurance through super. Liabilities ...

WA Super awards admin mandate

KARREN VERGARA  |  THURSDAY, 19 APR 2018
WA Super awarded a superannuation and payroll administration mandate to a new provider. SuperChoice will provide SuperStream services to the $3.5 billion fund with 60,000 members from April. WA Super is the third super fund client SuperChoice has on-boarded ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... business expenses, to the tune of $1,951,000. The bans arrive as the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry hears damning evidence of deliberate practices in Australia's high-profile financial ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... FirstChoice, FirstWrap and the Commonwealth Essential Super range of products and services, including investments, superannuation and retirement products, insurance and managed accounts. Prior to his most recent role, Wall served as head of retail platforms. ...

ASIC hits former NAB adviser with permanent ban

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... authorised representative of NAB-owned GWM Adviser Services, from 2003 to 2013. During that time, he advised on superannuation, managed funds and securities. ASIC said that between 2007 and 2016, Taylor withdrew $1,951,000 mostly from private client ...

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... managing director Chris Whitehead, the findings demonstrate the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is redundant; with consumers already firm in the belief that professional standards in the ...