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Search ResultsShowing 1 - 10 of 100+ results for "Australia"
Aware Super rejigs MySuper option
KANIKA SOOD  |  FRIDAY, 26 FEB 2021
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 ...
First Super adds to board
ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
First Super has announced a new director and associate director commencing their terms on 1 January 2021. Anthony Pavey will join the board as a member representative director. Pavey has worked for Australian paper since 2002 and is currently the on-site ...
Retirement income framework on track: Frydenberg
KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...
Industry fund CIO resigns
KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The investments chief of a not-for-profit fund will leave after five years in the post. LUCRF Super chief investment officer Leigh Gavin will stay until Easter with the fund, sister publication Industry Moves first confirmed. Gavin joined LUCRF in May ...
ACCC merger reforms may impact super industry
ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... that competition is not eroded via mergers. However in recent years we have become increasingly concerned as to whether Australia's merger control regime remains fit for purpose and, in particular, whether it is achieving the balance required to ensure ...
Government passes advice, super reforms
ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... members' money languished in ERFs for years," Frydenberg and Hume said. The Association of Superannuation Funds of Australia (ASFA) deputy chief executive and chief policy officer Glen McCrea said the legislation is extremely valuable especially ...
CFOs gain clout in ESG metrics
KANIKA SOOD  |  THURSDAY, 25 FEB 2021
Many companies are housing the ultimate responsibility for ESG with their chief financial officers, says a new report from Accenture. Accenture interviewed about 1517 finance leaders including chief financial officers from around the globe for the seventh ...
UK drags Bravura performance
KARREN VERGARA  |  THURSDAY, 25 FEB 2021
Bravura Solutions is feeling the sting of COVID-19 as its overseas operations deliver large blows to its profitability of more than 50%. The administration and management software provider announced that its UK and South African units have severely ...
Macquarie Wrap SMAs surpass $5bn
ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
Macquarie announced its separately managed accounts (SMAs) on the Macquarie Wrap platform have exceeded $5 billion in funds under administration. Macquarie said the milestone demonstrates the strength of its platform and the continued interest shown ...
FPA names Gwen Fletcher Memorial Award winner
ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
The Financial Planning Association of Australia (FPA) has named Melbourne-based financial planner Renato Manias as the first 2021 winner of the Gwen Fletcher Memorial Award. Named after the late "first lady of financial planning", the award recognises ...
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