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Showing 41 - 50 of 248 results for "Member outcomes"

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
... our existing relationship with Hostplus and thorough due diligence we've undertaken together to ensure positive member outcomes and an ongoing high standard of member service." The merger plans were made official in February this year but were first ...

Link Group appoints chief financial officer

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... targeted at projects that produce the best efficiency dividends or reinvest into initiatives that deliver exceptional member outcomes. "This requires a strong finance function embedded within the business teams to ensure a firm understanding of key drivers ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... afforded by APRA's heatmaps and the performance test has been the single most powerful force in driving better member outcomes, shining a spotlight on underperformance, and giving flunking trustees no place to hide.

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... its test incentivises funds to strive for strong risk-adjusted returns, which is very much aligned with desired member outcomes. "Because the test aligns with members' best interests, funds are less likely to be distracted from their proper long-term ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
... metric. The report argued that returns net of fees, an area private markets does well, are more important for member outcomes. Presently, there are numerous reasons why super funds aren't investing in private markets. Aside from the YFYS performance ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
Professional Super will soon change the way its funds are invested, in a move expected to improve member outcomes. It will also introduce a loyalty program to help members save on fees. The fund, which is a sub-plan of the Tidswell Master Trust and ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... product is assessed against. "This reduces the efficacy of performance tests and weakens their ability to improve member outcomes," ISA said. To put a stop to the distortion, ISA's YFYS review submission called for the performance test's methodology ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... members." As such, APRA intends to introduce requirements in Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) to ensure all RSE licensees are appropriately prepared to transfer, or receive, members, elevating previous guidance. ...

Rest revamps equities team

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
... and opportunities within the entire portfolio to enhance our investment decision-making and achieve even better member outcomes," the fund said. As a result, Chris Drew is now head of portfolio construction - external equities, and Sonia Bluzmanis is ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... consistently and effectively." Effective yesterday, Insignia's trustees must enhance their governance in relation to member outcomes, oversight of service providers, risk, compliance and managing conflicts of interest. They must also appoint an independent ...