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Showing 8471 - 8480 of 21779 results for "Dec"

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
APRA is seeking to impose license conditions on IOOF and disqualify several of the firm's executive leaders. In a media release this morning, APRA said it had commenced proceedings in the Federal Court of Australia. It seeks to disqualify five individuals ...

New Bill bolsters retirement income

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
A new Bill backing the viability of retirement income has been tabled before Parliament. Introduced in Parliament on November 29, the Social Services and Other Legislation Amendment (Supporting Retirement Incomes) Bill 2018 proposes three main measures ...

Super fund awards $130m mandate

KANIKA SOOD  |  THURSDAY, 6 DEC 2018
A $7 billion industry superannuation fund has awarded a $130 million global small and mid-cap equities mandate. Energy Super made the allocation to Bell Asset Management, which runs a global small and mid-cap strategy. It has outperformed the MSCI World ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year. The board of the embattled insurer has decided to search for alternative business models ...

Superannuation fund comparison tool launches

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
A new platform that makes it easier to compare superannuation funds and switch to better, high-performing investments has soft launched. Roll-it Super helps boost super fund choice for employees by providing monthly performance, fees and benefits for ...

Industry fund finds new advice tech partner

JAMIE WILLIAMSON  |  THURSDAY, 6 DEC 2018
A $4.9 billion industry superannuation fund partnered with a financial planning technology firm as part of a rebrand of its advice offering to members. BUSSQ is working with Midwinter Financial Services, rolling out its AdviceOS platform to enhance ...

Women in Super ramps up "Make Super Fair" campaign

MICHELLE BALTAZAR  |  WEDNESDAY, 5 DEC 2018
Women in Super (WIS) caps the year with a new video campaign addressing gender inequality in super. Speaking at the member luncheon last week, NSW state chair Lata McNulty gave an update on WIS activities in recent months, including the 'Make Super ...

Perpetual hires former Macquarie exec

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Perpetual has made two key appointments to its executive leadership team, including a former Macquarie executive. Sam Mosse is taking on the newly-created role of chief risk officer. She has previously worked as Macquarie Funds Group's and KPMG's head ...

Bank chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
Bank of Queensland chief executive and managing director Jon Sutton stepped down with the bank now scouting for a replacement. Sutton resigned after three years on the job to focus on his long-term health following a heart operation earlier this year ...

Emerging markets must be long-term bet

DARREN SNYDER  |  WEDNESDAY, 5 DEC 2018
One of the world's largest asset managers estimates emerging markets equities will outperform developed markets by 2.75 percentage points over the next 10 to 15 years. Releasing its 2019 Long-Term Capital Market Assumptions (LTCMA) in Australia this ...