Superannuation

35 Followers

Gary Mackieadded this to MACKIE REPORT
Business (Australia)
Super power: why the future of Australian capitalism is now in Greg Combet's hands
theconversation.com - Danny Davis
Right now Greg Combet is arguably the most powerful man in Australia. Earlier this month the former trade unionist and federal politician declared his …
The Daily Telegraph
Extreme Weather
Banks need to mitigate climate risk: ARPA
dailytelegraph.com.au - Derek Rose
Australia's banking regulator has told banks and insurers that climate change is a "material, foreseeable and actionable" risk it expects them to …
Indian Expressadded this to Indian Express
Devendra Fadnavis
Maharashtra to get a new chief secretary
indianexpress.com - Express News Service
WITH MAHARASHTRA’S Chief Secretary Dinesh Kumar Jain being named by the Centre as a non-judicial member of the country’s first Lokpal, the state is …
Personal Finance (Australia)
Investors again voice fears over dividend reform
superreview.com.au - Hannah Wootton
In an unsurprising survey result, one of Australia’s largest listed investment companies has found that many Australian investors are deeply …
ASIC (Australia)
AFA hits Hayne on intra-fund advice failing
moneymanagement.com.au - Mike Taylor
The Association of Financial Advisers (AFA) has continued to rail against the findings of the Royal Commission pointing out that it had failed to …
Australian Taxation Office
Vision Super welcomes chief risk officer
superreview.com.au - Anastasia Santoreneos
Vision Super has announced the appointment of Nikki Schimmel as its new chief risk officer, where she would oversee the risk and compliance functions …
ruthgruettadded this to Personal finance
Retirement
The Money You Need To Save At Every Age For Retirement
lifehacker.com.au - Alicia Adamczyk
Image: iStock How much to have saved by every age is a perennial personal finance question, right up there with how to create a budget and how to …
Frequent-flyer Programs
Are super fund frequent flyers tantamount to early release?
moneymanagement.com.au - Mike Taylor
A panel of superannuation fund executives and experts has openly questioned whether superannuation funds which encourage people to join via offers of …
Financial Services
FSC dragged ‘kicking and screaming’ on codes
moneymanagement.com.au - Mike Taylor
The insurance industry and the Financial Services Council (FSC) have had to be dragged kicking and screaming towards enforceable codes of conduct, …
The Daily Telegraph
Westpac
Westpac quitting personal financial advice
dailytelegraph.com.au - Stuart Condie
Westpac is selling its personal financial advice business as Australia's second-biggest bank exits the scandal-hit sector. Westpac said on Tuesday it …
Social Activism
Super funds warned by regulator over social activism
smh.com.au - Eryk Bagshaw
Australian Prudential Regulation Authority chairman Wayne Byres said evidence of trustees giving priority to anything other than members' interests …
Investing (Australia)
Major announces business restructure
brokernews.com.au - by Madison Utley
Most Discussed Figures show the number of banks dropped by over half when commissions were scrapped Industry groups have said "common sense prevailed" …
Personal Finance (Australia)
Call for Kmart to give employees a choice in superannuation
choice.com.au - Jonathan Brown
"It's a cosy agreement which will deny people choice over where their retirement savings are invested," says the Head of Campaigns and Advocacy at …
Personal Finance (Australia)
Share market strength positive for super funds
superreview.com.au - Hannah Wootton
The ongoing rally in the share markets has treated superannuation funds well, with Chant West finding that the median growth fund gained 2.7 per cent …
Personal Finance (Australia)
Returns not costing much in risk for top growth options
superreview.com.au - Hannah Wootton
Many of the top performing superannuation funds’ growth options from the last three years have delivered on returns without compromising much on …
Yahoo Australiaadded this to Yahoo Finance Australia
Personal Finance (Australia)
Australia’s top 6 super funds: revealed
yahoo.com - Lucy Dean
2018 was a tough year for superannuation funds, the average fund made negative returns and the Royal Commission exposed dodgy behaviour within the …
Gary Mackieadded this to MACKIE REPORT
Personal Finance (Australia)
These six superannuation funds topped the overall performance charts last year
thenewdaily.com.au - Rod Myer
Research house Canstar has analysed Australia’s $2.7 trillion superannuation industry and come up with six funds it deems the best operating in the …
Class Action
IOOF faces class action over APRA fallout
afr.com - Misa Han
Mr Scattini said the banking royal commission had revealed a number of issues with IOOF's management of super funds. "When ordered to compensate their …
Personal Finance (Australia)
Find the best mobile data plans as competition delivers great deals
dailytelegraph.com.au - ANTHONY KEANE
MOBILE data costs have been dropping sharply as telecommunications companies scramble to attract smartphone customers using more and more …
Financial Services
Licensees at risk under proposed code changes
moneymanagement.com.au - Mike Taylor
The Federal Government has sent a clear message to the financial services industry that it wants to tighten up on codes of conduct, including …
Personal Finance (Australia)
Increasing SMSF members a win for flexibility
moneymanagement.com.au - Hannah Wootton
A major industry body has given the Federal Government’s proposal to increase the maximum number of members in self-managed superannuation funds …
Personal Finance (Australia)
Super funds letting ATSI members down
moneymanagement.com.au - Hannah Wootton
At the core of issues faced by indigenous people regarding superannuation is the fact that the rules and definitions imposed by funds pose …
The Daily Telegraph
Financial Services
IOOF facing shareholder class action
dailytelegraph.com.au
IOOF faces a class action over the beleaguered wealth manager's alleged failure to tell shareholders about APRA's concern over possible breaches of …
Personal Finance (Australia)
New partners join diversity campaign
moneymanagement.com.au - Hannah Wootton
Two new partners have signed up to Future IM/Pact, a campaign launched last year aimed at attracting more diversity to investment management, bringing …
Australian Prudential Regulation Authority
IOOF faces class action
moneymanagement.com.au - Mike Taylor
Sydney law firm Quinn Emanuel Urquhart & Sullivan has announced its intention to file a class action against IOOF Holdings Limited in the wake of the …
Personal Finance (Australia)
Former AFS AR gets 10 years’ jail
moneymanagement.com.au - Mike Taylor
A former financial adviser who advised clients to set up self-managed superannuation funds (SMSFs) but used the money for his own purposes has been …
Personal Finance (Australia)
Hall of fame
fssuper.com.au - www.fssuper.com.au
Few prominent names have pioneered superannuation in the aviation and engineering circles. Alex Ingram, a former Qantas industrial relations manager …
The Hindu Groupadded this to BusinessLine
Sterlite Copper
Sterlite Copper CEO Ramnath retires; Pankaj Kumar to take charge
thehindubusinessline.com - Our Bureau
P Ramnath, CEO, Sterlite Copper, has retired in the midst of the ongoing controversy surrounding the copper smelter plant at Thoothukudi in Tamil Na
The New Dailyadded this to Money
Mergers & Acquisitions
Regulator APRA has three underperforming super funds in the gun
thenewdaily.com.au - Rod Myer
The Australian financial regulator has three superannuation funds in the gun for closure after whittling down its hit-list from 28 underperforming …
The Hindu Groupadded this to BusinessLine
Business (India)
Embassy Office REIT raises ₹1,743 cr from anchor investors
thehindubusinessline.com
Our Bureau Ahead of the IPO, Embassy Office Parks REIT has raised ₹1,743 crore by allotting 5.81 crore units to 59 anchor investors at ₹300 a unit.