Search ResultsShowing 1 - 10 of 100+ results for "Superannuation"
Family office manager hires Discovery director
KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... Discovery Asset Management shut down around June last year as its co-founder Stuart Jordan decided to retire and a superannuation fund yanked back a mandate, the AFR reported. Discovery was not the only boutique to shut last year. At least eight boutiques ...
Wealth giants shrink advertising budgets
KANIKA SOOD  |  FRIDAY, 17 JAN 2020
Australia's largest superannuation funds and wealth companies have largely cut back on their advertising spends over the past five years, documents from the Standing Committee on Economics show. Colonial First State, which is currently facing two ...
New super fund to launch
ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
A new superannuation fund is set to launch next week focused on sustainable investing. Elevate Super will launch on Wednesday next week, a spokesperson confirmed to Financial Standard . Elevate is a sub-plan of Aracon Superannuation, a subsidiary of ...
Cbus head of advice launches firm
KANIKA SOOD  |  FRIDAY, 17 JAN 2020
The former head of advice of the $57 billion superannuation fund has launched a new consultancy firm aimed at working with super funds and dealer groups to develop better models of delivering advice. Greg Harper led Cbus's head of advice and retirement ...
Future of life insurance in doubt: APRA
ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... despite the issues APRA noted that life insurers broadly finished 2019 financially resilient. Protecting Your Superannuation legislation removing life insurance for low-balance super members and Putting Members' Interests First making life insurance ...
Revolution Asset Management launches second fund
KANIKA SOOD  |  THURSDAY, 16 JAN 2020
Bob Sahota's private debt boutique has raised $100 million for its second fund with a Sydney superannuation fund onboard again as an investor. The Revolution Private Debt Fund II follows the boutique's inaugural fund which raised $200 million ...
J.P. Morgan wins custody mandate
ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
J.P. Morgan has won a mandate to provide custodial services to an ASX-listed platform and superannuation provider.In a quarterly business update, Xplore Wealth revealed it has a new custodial agreement contract with J.P. Morgan. Xplore said the new ...
Superannuation scammer to face court
KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... the Adelaide Magistrates Court today. "Police Cybercrime Investigators urge those people wishing to invest their superannuation in investment schemes at overseas locations or 'tax havens' to be extremely vigilant," the police said in a statement.
GROW Super boosts executive leadership
HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
Superannuation startup GROW Super has appointed a deputy chief executive as the firm looks to transition towards administration. Less than a year after he joined the firm, GROW Super head of strategy Adam Gee has been promoted to deputy chief executive. ...
ASIC increases levy costs
ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
The Australian Securities and Investment Commission has hiked the levies owed by superannuation trustees, up over 22% from what the regulator estimated in March 2019. ASIC had published the indicative levies for superannuation trustees as a minimum ...
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