Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 18082 results for "Superannuation"

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... regulatory funding model, CPA Australia says, in response to Treasury's proposed levy changes for 2025-26. CPA Australia superannuation lead Richard Webb said the Financial Institutions Supervisory Levies, which are collected by APRA to recover costs ...

Cbus chief investment officer resigns

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... investment officer Brett Chatfield will leave the $100 billion fund to take on an opportunity outside of industry superannuation, as his replacement is named. Chatfield will exit the fund he's been with for more than a decade to commence as chief investment ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... 2024-25, 235 matters were reported affecting 187,855 consumers with more than $3.13 million remediated. Within the superannuation sector, four common systemic issues were highlighted in the report, being a need to enhance engagement with AFCA, enhancing ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... paid $130,250 in bonuses to three financial advisers who provided template advice to clients to roll over their superannuation into self-managed super funds (SMSFs) and use those funds to purchase property through a related entity, Equiti Property. The ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
... Super Members Council (SMC) welcomed the Coalition's election commitment to eradicate financial abuse from the superannuation system. SMC wrote to all parties and candidates ahead of the election seeking their formal commitments to support specific law ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
Future Group is growing again, taking on the Zurich Master Superannuation Plan and a small MLC product. The Zurich Master Superannuation Plan will be merged into the Smart Future Trust alongside the MLC Insurance Only product that currently sits inside ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
... addition to looking at how perpetrators of domestic and family violence can be stopped from receiving their victim's superannuation after death. Superannuation advocacy body's Association of Superannuation Funds of Australia (ASFA) and Super Members ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... $5 billion in the wealth manager's FUM, now coming in at $321.8 billion. This is spread across Wrap ($97.7bn), superannuation ($129.8bn), and asset management ($94.2bn). The Wrap business' assets were down 1.4% due to negative market movements and $608 ...

Corporate fund selects Mercer Super for SFT

JAMIE WILLIAMSON  |  TUESDAY, 22 APR 2025
One of the few remaining corporate super funds, the Goldman Sachs & JBWere Superannuation Fund, will be merged into Mercer Super from next month. In September 2024, the trustee for the Goldman Sachs & JBWere Superannuation Fund - BEST Superannuation ...

Analyst promotions: TCorp, Future Fund, CareSuper, Fidante, First Sentier

ELIZABETH FRY  |  THURSDAY, 17 APR 2025
... Aoife McCarthy, a senior investment analyst who sat with the responsible investment team. After three years in superannuation, McCarthy has joined Perennial Partners, a boutique fund manager that houses specialist investment teams. McCarthy will work ...