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Showing 51 - 60 of 583 results for "Corporate Super"

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... Outflows across all products totalled $2.7 billion, which was less severe compared to the prior period when large corporate super mandate losses and the early release of super scheme took place. AMP chief executive Alexis George said: "We really want ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

AMP sued over corporate super misconduct

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... it became aware in 2018 that some AMP Flexible Super members continued to be charged fees after delinking their corporate super plan into a retail account. "AMP took action to rectify the issue, self-reported it to ASIC, and commenced a remediation process," ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, has plead guilty to false document charges following an ASIC investigation. Kourieh pleaded guilty to one count of making false documents and one count of using false ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
The $9 billion corporate superannuation fund is launching a passive investment option to members tomorrow, while also reducing administration fees and the amount it contributes to its defined benefit pool. From tomorrow, Qantas Super members will be ...

Rest appoints head of operations

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
Industry superannuation fund Rest has hired AMP Capital's former head of global client services and enablement to lead its operations function. As head of operations Corrine Henville will oversee the provision of services to Rest members and the management ...

Russell wins mandates worth $285m

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Russell Investments has won corporate superannuation mandates from three employers amounting to $285 million. Clayton Utz, Byrnecut Group and an unnamed reinsurer have tasked the Russell Investments Master Trust to oversee their employees' superannuation ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... billion (of which $3.6 billion was from North), and cash outflows of $6.7 billion which included the exit of a corporate super mandate and $448 million of regular pension payments. AMP Capital ended the March quarter with $186.5 billion in assets under ...

MLC enhances managed accounts leadership

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... he was head of product at Perpetual for over four years and head of business design and development - retail & corporate super at BT. Brent Bevan has also joined, taking on the role of head of investment consulting, managed accounts. He joins from Mercer ...