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Showing 21 - 30 of 123 results for "Superfund"

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
APRA has been forced to clarify the standards it holds for superannuation trustees when valuing unlisted assets. It comes as the market downturn as a result of the pandemic and the Early Release of Superannuation Scheme (ERS) has led to industry concerns ...

Aussie investors unhappy with pandemic performance

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
Australian investors are considerably more dissatisfied with portfolio performance than their global peers, according to bfinance's mid-year Asset Owner Survey. Over 40% of super fund respondents in Australia have been dissatisfied with the performance ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
APRA will review its Pandemic Data Collection (PDC) in September but will continue until the pandemic-related issues faced by superannuation funds have subsided, according to its recent frequently asked questions (FAQ) about PDC. The regulator published ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
Australians are taking a more active interest in their insurance and superannuation, as the impact of COVID-19 on personal finances continues to be felt, according to MetLife. The new research from MetLife found one in four Australians, or 28%, have ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... up as the scheme continues. "It's important to understand, the younger you are, the more time you have to repair your superfund," Power said. "For a lot of people, withdrawing their super is not an academic exercise. People need the money." The APRA ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
ASIC has permanently banned the man behind Superfunded, an illegal early access to superannuation scheme in Perth. Mark Goldenberg was chief operating officer, general manager and property analyst of Superfunded. His scheme enabled people to use their ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... scientific and academic community work towards climate change solutions at this time of unprecedented bushfire crisis, their superfund is showing reckless disregard by investing their retirement savings in the companies causing the problem." "Instead ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
New research from the Responsible Investment Association Australasia (RIAA) has revealed Australian superannuation funds that engage in responsible investing are outperforming their peers. The report looked at one, three and five-year time frames and ...

MLC Life appoints group insurance executive

JAMIE WILLIAMSON  |  TUESDAY, 8 OCT 2019
MLC Life Insurance has appointed an executive lead to its group insurance business, recruiting from NSW Treasury. Andrea Forbes has joined MLC Life as executive lead - relationship management, group insurance. She joins from NSW Treasury where she was ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
ASIC banned the director of a firm allowing people to illegally access their superannuation early to buy a home. The corporate regulator slapped Max David Goldenberg with an eight year ban from providing financial services and engaging in credit activities ...