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|The government has hinted heavily that the legislated increase to the superannuation guarantee will be delayed as Australians need more capital throughout their working life. Speaking at the Council on the Ageing (COTA) Australia's National Policy ...|
|The $140 billion superannuation fund is changing its MySuper lifecycle option from two stages to 11. About 85% of Aware Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default ...|
|"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Do you ...|
|... 'Land Down Under' has already been returning to pre-covid normality. The latest Australian Bureau of Statistics' (ABS) 'Wage Price Index' report is a case in point. But don't take my word for it, let's hear it straight from ...|
|A $16 billion superannuation fund has welcomed two members to its executive team, as well as a portfolio manager from Victorian Funds Management Corporation. Sam Horskins is the new chief financial officer at CareSuper, overlooking the statutory and ...|
|Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists. Several of Australia's largest super funds have significant holdings in Woodside. It appears ...|
|... going to revise up its unemployment rate projections in three months' time. The Australian Bureau of Statistics' (ABS) reported that 29,100 workers found employment in January - in line with market expectations. Though the monthly addition in ...|
|ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...|
|CareSuper has confirmed the appointment of a new investment manager, joining from Victorian Funds Management Corporation (VFMC). Huey Miin Lim has joined the super fund as its new investment manager, departing her role as senior analyst, fixed income ...|
|ASIC has permanently banned a former financial adviser, Daniel McSweeny, after he was previously banned for five year s. McSweeny was charged with 20 dishonesty offences in 2018, as well as one offence for falsifying books as a company director. An ...|
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VanEck has expanded its range of ETFs, announcing two new offerings to join its new Global Clean Energy ETF.
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The financial services software company has announced its plans to launch a technological solution to meet the Design and Distribution Obligations (DDO), commencing 5 October 2021.
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Capgemini has named a new managing director for Australia and New Zealand, following the recent promotion of Olaf Pietschner.
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Victorian-based Ahmed Saad appeared in court after being charged with dishonestly obtaining financial advantage by deception for his role in an illegal retail superannuation scheme.
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