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Showing 21 - 30 of 242 results for "Member outcomes"

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... detrimental impacts on members, whereas transferring to other funds is anticipated to maintain or even enhance member outcomes. Following the decision to transfer Aracon Super Fund's divisions, the Oracle Superannuation Plan moved to HUB24 Super ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... 12 times for cover at some funds versus others, it found. ASIC said all 15 trustees now do some monitoring of member outcomes, such as premium affordability for certain cohorts. However, it said trustees need to do more - fewer than half of trustees ...

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
... 22,500 members. In the latest iteration of the APRA heatmaps, OneSuper was flagged in relation to sustainability of member outcomes. The data shows that, to June 2022 end, the RSE's net cash flow ratio (three-year average) was -6.79%. Its high fees ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... industry stewardship group that's overseen by the ATO. Cyber and fraud aside, APRA is pushing for improvements in member outcomes and has been consulting on enhancements to its prudential standard on strategic planning. As economic conditions worsen ...

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... needs of our members, embracing innovation and personalisation, and driving cost efficiencies that deliver better member outcomes, Shrimski said.

Grow Inc partners with data services firm

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... 're-platform' administration and data systems remains as a viable choice to help drive cost efficiencies and improved member outcomes."

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... its 2023 supervision priorities, released today. It said it's all part of holding trustees to account to improve member outcomes and address deficiencies. "Strong governance practices along with business planning and performance monitoring disciplines ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... complex structure and operations of Diversa; and concerns related to Diversa's ability to deliver quality member outcomes, including in relation to high fees and poor investment performance. They seek to codify recommendations of a third-party review ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... success. Finally, APRA is increasing its prudential requirements for super funds, with a focus on strategic planning, member outcomes, and addressing underperformance. This includes detailed evidence and metrics, scenario modelling, strong third-party ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... and approach will provide value to the fund." Swan also complimented Devasia on her passion and commitment for member outcomes as well as for her deep understanding of the issues blue collar industry workers face. Devasia will commence her term on the ...