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Showing 1 - 10 of 100+ results for "Member"

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... forward to navigating an industry "driven by scale", with the largest industry funds already commanding more than 40% of new member accounts. "There is a challenge for smaller funds, including Equip and Catholic, where there are rollouts. Those rollouts ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service. In the Federal Court this morning, ASIC representative Christopher Archibald QC recalled the ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that meet ...

Plenary hires team of seven from AMP Capital

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
... existing associate director in the infrastructure team will move to focus on Community Infrastructure Fund, and another team member will take on an expanded role providing support to [portfolio manager] Charles Savage." AMP Capital has communicated to ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
Industry bodies have varied responses to the passing of the Your Future, Your Super reforms with some saying it will lead to worse outcomes for members. The Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will ...

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... funds unable to accept any new members. Cbus was one of the super funds to voice its concerns about the reforms, saying its member-base in dangerous professions could have the wrong insurance if they are stapled to another fund. Treasury proposed a review ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson. Hanson and her One Nation colleagues circulated an amendment that would see people over the age of ...

Future Generation announces chief executive

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... Australia Foundation. She has been on the Future Generation board since 2019. Gurney's charitable work includes being a member of the Ascham School Council and the Centennial Park and Moore Park Foundation, an ambassador for the Australian Indigenous ...

Aware Super eyes IFAs, hires lead

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
Aware Super is targeting the independent financial adviser market, bringing in a former long-serving BT Financial Group staffer who will take charge of advice relationships. Warwick Gribble is Aware's new national manager of advice relationships, responsible ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
The Fed has spoken and Wall Street didn't like what it heard and saw (in the dot plots). US equities painted the board red, with all benchmark indices closing on the down low, while yields on 10-year US Treasuries went on the up and up. This is ...
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