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Showing 701 - 710 of 3729 results for "Seven"

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... Since then, the Australian Prudential Regulation Authority has released the of all the funds it assessed showing another seven, including some of Australia's biggest MySuper funds only marginally passed the test. "Superannuation trustees need to focus ...

Future Super hires operations chief

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
... smartMonday DIRECT and smartMonday PRIME scored several amber and red ratings for failing to beat their benchmarks over five and seven-year periods. Club Plus officially merged with AustralianSuper on 1 December 2021, bringing more than $3.2 billion ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... achieved 16.82%, the previous year it saw -0.28%, and in 2018/19 it achieved 8.76%. According to Rainmaker data, Media Super's seven-year return as at 30 June 2021 was 8.2%. Its 2015 annual report shows a return of 9.15%. Media Super is in the process ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... inaugural Choice heatmap. Perpetual WealthFocus' Diversified Income Fund was the worst-performing option based on a seven-year period, delivering just 2.25% p.a. and falling short of 2.55% from its benchmark. A slew of OnePath options failed egregiously. ...

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... consumers by bringing an end to occupational exclusions in group life insurance policies," Bryant said. Loane finishes up after seven years of leading the council. In her time, Loane oversaw the development of the Asia Funds Passport, two Life Insurance ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... and cultural change. Peter Dunlop has joined as chief financial officer, coming over from Sport Australia where he spent seven years in similar roles. He is also a former deputy financial officer at the Department of the Prime Minister and Cabinet, and ...

Melinda Howes bids farewell to BT

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... is understood Howes has been on carer's leave in recent months. She has led the superannuation business for the past seven years. In total, Howes has spent 18 years with BT across two stints; she previously served as director, superannuation and ...

CFS launches low cost geared index options

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... passively managed geared investment options to be offered by CFS have been designed to complement its existing suite of seven actively managed geared funds, adding to its range of index options available on the FirstChoice platform. The CFS Geared Index ...

LIC appoints former Wallaby as director

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... equity broking division in Australia. He also worked at Bell Potter Securities as managing director of corporate broking for seven years. In 2017, ASIC banned Poidevin for five years for partaking in trading DirectMoney shares that had the effect of ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... October 31, ranking 23rd overall. Over three years it's achieved 9.1% (30), 8.1% (43) over five years, 7.1% (40) over seven years and 8.2% (34) over 10 years. Any merger decision made by the fund must be approved by an independent expert who will ...