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Showing 691 - 700 of 3664 results for "Maintain"

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... minimum pension amount based on their age when they start an income stream. This minimum amount must be withdrawn to maintain the tax-exempt status of the pension account. But Morgans Financial head of wealth management Terri Bradford noted that the ...

Bank of Queensland names Frazis replacement

CHLOE WALKER  |  MONDAY, 27 MAR 2023
Current chairman Patrick Allaway has been named as Bank of Queensland's (BOQ) new managing director and chief executive for the period up to December 2024. The temporary appointment comes after former chief executive George Frazis departed suddenly ...

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
Members are frustrated with their superannuation funds' performance and the drastic pace of consolidation in the industry, a new survey reveals. Roy Morgan's quarterly gauge of member satisfaction found that super funds were graded a 66.6% rating, down ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... who couldn't afford to get into home ownership and those who did own a home and have had to sell up because they can't maintain those payments," she said. It's here that there is a flow onto effect to homelessness. "The investment in social housing over ...

Advice platform appoints new chief executive

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... chief executive to drive business growth. Johnstone succeeds co-founder and former chief executive Glenn Elliot, who will maintain his position on the Practifi board of directors and retain an ownership stake in the company. "It's been a huge pleasure ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
Aware Super restructured its investment team in support of its growth strategy, naming three new asset class leads in the process. The super fund joins the likes of AustralianSuper and Australian Retirement Trust in reshaping its investment team as ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
APRA will maintain four life insurance prudential standards following a brief consultation period. The prudential regulator flagged it was relatively satisfied with four prudential standards - Prudential Standard LPS 100 Solvency Standard; Prudential ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... inflation back down to 2% is a long way to go." He said restoring price stability will likely require the central bank to maintain a restrictive stance of monetary policy. "Our overarching focus is using our tools to bring inflation back down and to ...

US fund manager sets up Sydney shop

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
A US private markets firm has established an Australian office, targeting institutional investors, private wealth, and high-net-worth investors. Chicago-based Adams Street has opened an office in Sydney's Quay Quarter Tower, marking its 13 th office ...

Investment bonds offer refuge amid super changes

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... is, what do we need to achieve a comfortable retirement?" Hackett said. While it's understandable that people want to maintain the stability of the super system, likewise it's important to recognise that economies and countries are constantly evolving. ...