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Showing 1 - 10 of 504 results for %22October superannuation funds%22

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... action was filed against IC Markets for consumer harm caused by offering retail investors the ability to trade CFDs. In October 2023, a class action was filed against BT Funds Management as trustee of BT Super, while IG Markets was the target of two ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... government said it would do so when it could afford to. This enhancement follows the government's announcement in October 2022 that it would incrementally increase the scheme from 18 weeks to 26 weeks by 2026. As of July 2023, it offers a combined ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... comes as Vanguard Super announced it had reached $1 billion in funds under management just over a year after its launch in October 2022, alongside the quiet rollout of a pension product. Close behind, Essential Super's Employer - Lifestage 1980-1984 ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... has crossed into the billions, hitting the milestone in recent weeks. It comes about 14 months on from the fund's October 2022 launch. It also comes on the back of the fund's first full calendar year result which saw it take out the top spot ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... financial products and services that include superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed funds administration (MFA) business to SS&C for $52 million. Iress took over OneVue, which provided ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... he failed to provide appropriate SMSF advice. Jaidka most recently was an adviser at Merit Wealth under Diverger from October 2022 to June 2023. Before that Jaidka was with the SMSF Advisers Network, The SMSF Expert, and GPS Wealth. Over five years ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Defence Force (IDF) which it said was "an aggregate amount that is material to the company" since the Hamas attack on 7 October 2023. This left about 1200 civilians dead (revised from the initial 1400 estimate), according to US research institute the ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... look forward to bringing you the news in 2024! The top stories for 2023 were: 1) Renato Mota to leave Insignia Financial (October 20) While his departure doesn't technically take place until February 2024, Renato Mota's decision to step down ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... them manage and plan for risk, and providing flexible access to their funds in retirement." The TAL and Investment Trends October 2023 Retirement Income Report was based on a quantitative online survey of 10,604 retirees and non-retirees and conducted ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... Slater & Gordon brought the lawsuit on behalf of members of the BT Super for Life Superannuation Fund (SFL) between 29 October 2007 and 28 February 2011 who were invested in the Super Cash investment option. BTFM invested funds in a life policy issued ...
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