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Showing 961 - 970 of 18089 results for "superannuation"

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 ...

AMP super and investments business see more outflows

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
AMP's superannuation and investments business saw $108 million in net cash outflows in Q1, but still a significant reduction from $371 million in Q124. "Cashflows for the superannuation and investments business continued to progress towards positive ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Ahead of the federal election, the Association of Superannuation Funds of Australia (ASFA) has urged all contesting parties to consider its recommendations to "protect and strengthen" the super sector. The peak body is calling for specific reforms in ...

New government must prioritise payday super: SMC

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... wants businesses with 10 or fewer employees to be exempt from the payday super regime and continue as quarterly superannuation guarantee (SG) contributors. "The additional administrative burden of more frequent SG payments would be particularly challenging ...