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Showing 7351 - 7360 of 18128 results for "superannuation"

Government cracks down on salary sacrifice loophole

EMMA RAPAPORT  |  FRIDAY, 14 JUL 2017
... loophole that allowed employers to short-change employees who chose to make salary sacrifice contributions to their superannuation accounts. The move follows the release of a Superannuation Guarantee Cross-Agency Working Group report which recommended ...

Super funds renew custody contracts with State Street

EMMA RAPAPORT  |  THURSDAY, 13 JUL 2017
Two superannuation funds with a combined $9 billion in assets under management have reappointed State Street to provide custody and asset services. NGS Super has re-signed with State Street for an additional three years, while Christian Super has also ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
Fund administrator MainstreamBPO announced it will acquire a portion of IRESS' superannuation administration business. IRESS has agreed to divest its superannuation administration business for customer-owned banks and deploy 14 super fund clients to ...

Police charge man with super fraud

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2017
A Sydney man allegedly involved in a $1.8 million fraudulent superannuation scheme will face court today. NSW police charged the 47-year-old man with 20 counts of deception and dishonestly taking financial advantage; seven counts of using false documents ...

HESTA stands up to all-male boards

EMMA RAPAPORT  |  WEDNESDAY, 12 JUL 2017
... manager to board level are made up of women The fund is also a member of the 30% Club and Australian Council of Superannuation Investors, both of which advocate for the boards of Australia's biggest companies to have a minimum of at least 30% female ...

Australian Ethical awarded industry fund mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUL 2017
Australian Ethical will manage an industry superannuation fund's responsible investment option, totaling $128 million. The ethical investment and superannuation provider was appointed by Australian Catholic Superannuation and Retirement Fund to manage ...

Adviser models replacing product focus with customers

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
... the 'do it yourself' model, which is prevalent in Australia and evident in the growing popularity of self-managed superannuation funds, he said. What McCulloch is seeing in the early stages of adviser innovation is bespoke models that are now evolving ...

Banks come out on top for climate change disclosure

EMMA RAPAPORT  |  TUESDAY, 11 JUL 2017
... performing sectors for climate-related disclosure and sustainability reporting according to the Australian Council of Superannuation Investors. In its 10th annual corporate sustainability report, which assesses the level of sustainability disclosure ...

Aussie agriculture reaches new highs

EMMA RAPAPORT  |  TUESDAY, 11 JUL 2017
... investment. ISA chief economist Stephen Anthony recently said that with the right expertise and policy settings, industry superannuation funds could be enticed to substantially increase agriculture investment. "Institutional players have not always fared ...

Fintechs pose disintermediation threat: CFA

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
... artificial intelligence, big data and cyber security - albeit with "limited discussion." Serhan noted within Australia's superannuation system, robo-advisers can be most beneficial by delivering tailor-made wealth management services rapidly and conveniently ...