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Showing 981 - 990 of 6314 results for "December 12"

Super Guarantee increases now ironclad

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The super industry has welcomed the Prime Minister's re-election promise that a Coalition government will lift the Superannuation Guarantee to 12% as legislated. The Prime Minister has said he "stands by" the currently legislated 12% increase and ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
A former financial adviser who was permanently banned in 2016 for using close to $2 million in client funds for his own use has now been charged with 17 offences related to the alleged fraudulent transfer of shares to himself. Ashley Howard of Hobart ...

ACSRF, UniSuper confirm merger

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
Australian Catholic Superannuation and Retirement Fund and UniSuper have signed a Heads of Agreement to formally merge. In December the two funds announced they were undertaking due diligence on a potential merger. Today, the funds have said that process ...

NFP funds dominate retiree super: Research

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The world of retiree super - traditionally the domain of retail funds - is now overwhelmingly controlled by the not-for-profit sector, new research shows. About 60% of all retiree superannuation savings is now held in NFP funds, Rainmaker analysis of ...

AvSuper, Commonwealth Super Corporation explore merger

JAMIE WILLIAMSON  |  WEDNESDAY, 4 MAY 2022
Six months on from commencing its Expressions of Interest (EOI) process, AvSuper has confirmed it will look to merge with Commonwealth Superannuation Corporation. The two funds have signed a Memorandum of Understanding to now conduct due diligence to ...

Investors sweat over inflation, interest rates: Survey

JAMIE WILLIAMSON  |  FRIDAY, 29 APR 2022
The latest data from Investment Trends shows yield expectations among equities investors are at a 15-month low and concerns over rising inflation and likely increases to interest rates are growing. A survey of active investors in March reveals greater ...

Dexus snaps up Collimate Capital assets

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
AMP Limited has entered into an agreement for the sale of Collimate Capital's real estate and domestic infrastructure equity business to Dexus Funds Management. The sale is for an upfront cash consideration of $250 million. In addition, Dexus will ...

Cbus hires retirement, product governance leads

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
The industry fund has promoted within to appoint a head of retirement, while a longstanding Equipsuper executive will take on the role of head of product governance. Cbus has promoted Jon Sedawie, its current head of product, to the newly created role ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
The former hairdresser husband of missing, presumed deceased, fraudster Melissa Caddick is continuing to pursue a stake of the wealth Caddick dishonestly amassed - despite ASIC attempting to claw back funds for victims. Anthony Koletti has been married ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...