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Showing 731 - 740 of 7185 results for "Retirement"

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
A former Aware Super head of advice has been appointed chief retirement officer at Team Super ahead of its merger with TWUSUPER to create a $21 billion fund. Reporting to chief executive Vasyl Nair, Sarah Forman has taken up the new role at Team Super ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... Exchange Commission (SEC) charged Vanguard US$106.4 million for "materially misleading" investors in the Investor Target Retirement Funds (Investor TRFs) about their future tax liabilities. The failings relate to Vanguard dropping the minimum initial ...

$3m super tax will level playing field: Australia Institute

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
... our society, but worse, because the concessions allow the wealthy to reduce the tax they pay on their income before retirement, it means Australian taxpayers are in effect funding the retirement of the very wealthiest in the country," he said. Treasury ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... and allow retirees to spend their savings with confidence. The new report, Simpler super: Taking the stress out of retirement, suggests reforms that could help Australians boost their retirement income by $70,000. One is to implement the Productivity ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... kind of workers behind us who are saying they should have to beg for a pay rise, they should have to raid their own retirement to get a pay rise..." The Australian Council of Trade Unions (ACTU) responded to the Coalition members' comments, presenting ...

Super moves: Future Fund, QIC, Vanguard Super

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... at Tibra Capital and a senior analyst at Russell Investments. Finally,Vanguard Super has added a former Australian Retirement Trust strategy chief and Sunsuper chief executive Teifi Whatley to the trustee board. Teifi Whatley brings more than 30 years ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... inorganically) larger, more local-looking product sets and business models." Meanwhile, while the widespread adoption of retirement income solutions "has been illusionary," new developments are "bringing this closer to reality." "Innovation has exploded ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
MUFG Pension & Market Services (MPMS) has awarded Tata Consultancy Services (TCS) a mandate to help transform its retirement solutions business. The Memorandum of Understanding (MOU), in the new partnership, outlines joint initiatives in product development ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... available, including investor services and middle office operations. In December Bennelong refreshed its board following the retirement of chair Lincoln McMahon, with Campbell Fleming named as his successor. Fleming joined Bennelong with 35 years' experience ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
The superannuation system has lacked a clear direction for the provision of retirement outcomes, and while this is gradually changing, there remains a need to make it simpler for Australians, according to a Mercer report. The Australian retirement income ...