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Showing 861 - 870 of 1509 results for Andrew McKean

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... (Business Process as a Service) model, has been integral in delivering these improvements. Bravura interim chief executive Andrew Russell noted the world's pension funds are grappling with balancing the complexity of retirement schemes together with ...

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Mercer has outlined its ambition to accelerate growth in the APAC region, appointing Cathy Hales as its chief executive of Wealth Pacific. Hales has oversight of Mercer's wealth portfolio across Australia and New Zealand, comprising the Mercer Super ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
AMP general manager of retirement solutions Ben Hillier has emphasised the need to inspire more confidence in individuals approaching retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant ...

Nuveen appoints head of consultant relations, APAC

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... relations at Janus Henderson. He has also held roles in product development at Man Group PLC. Nuveen managing director Andrew Kleinig commented: "We are delighted to welcome Jaxon, and I am confident his depth of industry knowledge and technical skillset ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... management and private banking industries, 69% of respondents anticipate accelerated consolidation. Citi head of research Andrew Pitt said: "The wealth industry is at an inflection point, and it's critical that wealth management providers servicing the ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
APRA has finalised Prudential Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
Monochrome Asset Management, via its responsible entity Vasco Trustees, has lodged an updated application for its Bitcoin ETF with the ASX. The Monochrome Bitcoin ETF (IBTC) will be an exchange-traded fund that will offer retail investors direct and ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...