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Showing 921 - 930 of 13646 results for "Member"

Challenger posts mixed Q3 FY25 result

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Challenger saw strong growth in annuity sales but its assets and funds under management fell in the third quarter of FY25. Challenger's funds under management were $115.2 billion, a $5.9 billion drop, mainly due to negative market movements, but also ...

Centrepoint Alliance to acquire Brighter Super's advice book

ANDREW MCKEAN  |  WEDNESDAY, 16 APR 2025
... three-year referral arrangement with FAM. Brighter Super chief executive Kate Farrar said the fund's goal is for every member to retire with advice, as closing the advice gap is essential to improving retirement outcomes for Australians. "One of ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
Super Members Council (SMC) is urging Australia's newly elected government to pass the payday super legislation as a matter of priority within its first 100 days in power. The council's analysis found that in 2021-22, about $5.1 billion of super went ...

RBA opens door to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 16 APR 2025
The Reserve Bank of Australia (RBA) board has indicated it is open to the consideration of an interest rate cut in May, as US President Donald Trump's tariffs place risks on the global economy. The RBA board minutes from the April meeting acknowledged ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
Shadow Treasurer Angus Taylor and Shadow Assistant Treasurer Luke Howarth have announced a range of measures the Coalition would be looking to prioritise for the financial advice industry if elected on May 3. Among these policies, Taylor and Howarth ...

NGS Super to launch lifetime income product

MATTHEW WAI  |  TUESDAY, 15 APR 2025
... with Commonwealth Superannuation Corporation and TelstraSuper on similar products. In December, Challenger took over the member accounts invested in Active Super's Guaranteed Income offering after it was determined moving to Vision Super under the merger ...

GESB expands leadership team

JAMIE WILLIAMSON  |  MONDAY, 14 APR 2025
GESB, the super fund for Western Australia's public sector, added a former HESTA executive as its chief member experience officer, while also welcoming a chief corporate services officer. Both are newly created roles for GESB, which is undergoing ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... unsuitable for their circumstances, particularly those with low balances. ASIC noted a "clear correlation" between SMSF size and member returns, citing a Productivity Commission report that found SMSFs with balances under $500,000 tend to underperform ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
AMP shareholders overwhelmingly approved the 2025 remuneration and chief executive Alexis George's long-term incentives after the company rejigged its remuneration framework. Shareholders voted in favour of adopting the remuneration report at 93.2% ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... expert and independent support through IDCARE, which provides tailored advice and assistance in cyber incidents. Chief member officer Rose Kerlin spoke directly to a number of these members [earlier this week]. "AustralianSuper's systems remained secure ...