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

Search Results

Showing 6891 - 6900 of 18128 results for "superannuation"

Contribution cap reforms see SMSFs spend cash

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
Self-managed superannuation fund cash balances fell to a two year low in the December 2017 quarter as trustees allocated more to Australian and international equities. Latest insights from SuperConcepts show cash levels dropped to 17.3% in December ...

Decimal announces key super fund contracts

DARREN SNYDER  |  TUESDAY, 27 FEB 2018
Digital financial advice provider Decimal has renewed its partnership with a $72 billion industry superannuation fund; rolled out its Eqilize solution at an $8 billion industry fund; and signed a pilot contract with a "major diversified bank." The ASX-listed ...

ASIC bans former NAB, Westpac adviser

KARREN VERGARA  |  TUESDAY, 27 FEB 2018
ASIC banned a former NAB and Westpac adviser for five years for inappropriately providing superannuation and insurance advice. Brisbane-based financial adviser Christopher Ramsay was a representative of Westpac between 2010 and 2015. He went on to work ...

2018: The year of scaled advice

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
The scaled financial advice offering at a $66 billion industry superannuation fund is experiencing significant growth due to increased demand from younger members. According to UniSuper, demand for its scaled advice offering has increased more than ...

ASIC seeks Deloitte to liquidate SMSF business

ALEX BURKE  |  TUESDAY, 27 FEB 2018
... the company. According to ASIC's statement, Superfunded may have breached the Corporations Act and parts of the Superannuation Industry (Supervision) Act relating to schemes that promote the "illegal early release of super." On top of this, the liquidation ...

Is risk advice at risk?

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2018
... do not need to understand transition to retirement strategies, the intricacies of managed funds, or the latest superannuation caps legislation. That kind of education is not appropriate," he said.

KPMG sells $2bn super admin business

ALEX BURKE  |  MONDAY, 26 FEB 2018
KPMG has entered into an agreement to sell its superannuation administration business, which has about $2 billion in funds under management. KPMG Superannuation Services was established in 1989, initially for a single superannuation fund client. This ...

Industry fund boosts property team

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2018
The co-head of property at JANA Investment Advisers has taken on a leadership role at a $43 billion industry superannuation fund. Rhonda Spagnol is now head of property at Cbus, responsible for strategy development and oversight of the property sector. ...

Australian Ethical underlying profit dips despite membership surge

ALEX BURKE  |  FRIDAY, 23 FEB 2018
... Australian Ethical's underlying profit after tax fell by 5% in the half year to 31 December 2017 despite a 23% boost in superannuation membership to 37,699. This profit figure - $2.157 million - was actually up 282% on the prior corresponding period ...

Industry fund buys $7 million beef stake

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2018
A $70 billion industry superannuation fund is investing about $7 million in a growing NSW agribusiness. First State Super has invested $6.7 million in Stone Axe Pastoral at Ebor - alongside a commitment from the NSW Government of $3.3 million via its ...