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

Liberals should liberate Australians from super: Bragg

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... recently released policy manifesto titled The basis of a fair society is a strong economy, once again calling for superannuation to be voluntary for those on low incomes. "Superannuation is a significant failure of Australian economic policy," Bragg ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
Westpac has confirmed it signed a successor funds transfer with Mercer which will see all its superannuation funds transferred to Mercer Super Trust. BT will merge its personal and corporate superannuation funds into Mercer in the first half of next ...

Cbus to sell corporate art collection

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
Cbus is auctioning its art collection, estimated to be worth about $9 million. The Cbus Collection of Important Australian Art features more than 280 works dating from the colonial era through to contemporary pieces. Artists in the collection include ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
APRA's latest quarterly superannuation performance statistics show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets ...

Generation Life launches retirement income product

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
... actuarial calculations for management of longevity risk. "Our extensive connectivity capability for both income and superannuation products, enabled by our API libraries and SuperStream Gateway solution, means solutions such as Generation Life's ...

Superhero board signs former ASIC boss

CASSANDRA BALDINI  |  WEDNESDAY, 25 MAY 2022
... September 2020, has close to 200,000 investors and rolled out zero brokerage US share trading as well as its flagship superannuation offering. The appointment coincides with Superhero's expansion into the cryptocurrency market and international launch ...

LUCRF Super executive joins Cbus

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
... a trustee director of the fund for five years. He is also a former vice president of the Australian Council of Superannuation Investors and has served on its board since 2013. Thow worked various roles at the National Union Workers before making the ...

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... government has been congratulated on its election victory by the Insurance Council of Australia (ICA) and Association of Superannuation Funds of Australia. On the morning Albanese was sworn in as the 31 st prime minister of Australia, ASFA congratulated ...

Chalmers sworn in as treasurer

JAMIE WILLIAMSON  |  MONDAY, 23 MAY 2022
... federal election. The weekend's result also sees the departure of Jane Hume as minister for financial services, superannuation, and the digital economy. Treasury is now led by Jim Chalmers, the man who has served as shadow treasurer since mid-2019. He ...
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