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Search ResultsShowing 1 - 10 of 100+ results for "Super"
Public servants caught in SG bungle
KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... upgrading its payroll system, and lodging SG statements with the ATO for the majority of current and former employees owed super.
New super benchmarking flawed: Rice Warner
ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
The government's new Your Future, Your Super investment performance benchmarking is flawed and will have unintended consequences, according to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity ...
IOOF appoints executive, continues growth push
ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... executive Renato Mota said the broad ranging impacts of COVID-19 continued to affect flows, especially with the early release of super (ERS) scheme. "However, our scale, economic diversity and business strength contributed to the maintenance of a steady ...
Frontier Advisors eyes international clients
KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... fixed-term retainer. Currently, about 85% of its revenue comes from superannuation funds. In the next five years, it wants non-super clients' revenue contribution to go up from current 15% to 30%. "Our view is Frontier came from a very much superannuation-only ...
ASFA proposes MySuper test
KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... Treasurer Josh Frydenberg unveiled the government's version of testing underperformance as part of the Your Future, Your Super reforms on budget night. Among the criteria, super funds that fail the annual APRA-administered test twice not be allowed to ...
NZ looks to recognise qualified Aussie advisers
KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
Australian financial advisers can potentially work in New Zealand without meeting the country's qualifications as early as 15 March 2021. New Zealand's financial services watchdog the Financial Markets Authority (FMA) is proposing to recognise Australian ...
Financial crime victims fume at Shipton, Crennan
ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
The Victims of Financial Fraud (VOFF) group have written to senators slamming ASIC chair James Shipton for ignoring their requests for help but finding "time to submerge his own head in the trough allegedly at taxpayer expense". VOFF secretary John ...
Federal Court freezes investment scam, winds up SMSF operator
ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... SMSFs in the period from early 2017 to late 2019 but did not hold a licence. Naseeruddin encouraged investors to move their super and start an SMSF set up by an associate of his. ASIC alleges the funds were transferred to Secure Investments and subsequently ...
Aware Super in-houses fund administration
KANIKA SOOD  |  TUESDAY, 27 OCT 2020
Aware Super is implementing a new suite of technology products that will allow it to in-source member experience, including administration, so far done by Mercer. The fund signed a long-term contract with Bravura, for an initial term of seven years. ...
360 Capital moves to acquire Evans Dixon
KARREN VERGARA  |  TUESDAY, 27 OCT 2020
ASX-listed firm 360 Capital Group is proposing to takeover Evans Dixon shortly after its founder and managing director joined the embattled firm. The firm announced it wants to acquire Evans Dixon (ED1) via an off-market takeover, taking its 19.55% ...
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