Search ResultsShowing 51 - 60 of 100+ results for "Super"
GROW Super unveils admin platform
KARREN VERGARA  |  THURSDAY, 4 JUL 2019
GROW Super has ventured into distributed ledger technology with the launch of a new superannuation administration platform. TINA aims to reduce costs and improve operational efficiencies, helping super funds gain greater control of how they deliver ...
HUB24 defends cash accounts
KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... Commission about exorbitant fees being charged on financial services products it would appear untenable for members of super funds using the platforms to be slugged with fees that wipe out the return on cash," the article read. In response, HUB24 ...
APRA warns trustees on PYSP deadline breach
KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... the excess fees charged over 3%. APRA wants trustees to refund members any excess fees no matter how small the amount. Super funds should not mistake members making investment changes as a sign of activity, APRA warned. An inactive account means ...
Xplore Wealth launches new solution
HARRISON WORLEY  |  WEDNESDAY, 3 JUL 2019
... earlier this year, Xplore Wrap is Xplore Wealth's new platform offering to advisers managing discretionary investments, super and pension money. The firm said Xplore Wrap offers "a world of investments" with multi-currency and multi-market ...
Hostplus enters merger talks
KANIKA SOOD  |  TUESDAY, 2 JUL 2019
... billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...
QSuper lowers balanced fund fees
KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... option will benefit from lower investment fees. In addition to the group insurance policy changes the $72 billion super fund introduced on July 1, investment fee changes have been rolled out. Investment fees for QSuper's default balanced ...
Raiz hikes fees for low balances
KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... than $10,000, the account fee is unchanged at 0.275 per cent a year. The new fee structure will not affect Raiz Invest Super accounts. Previously, clients were charged zero fees for balances of less than $5000 and 0.275 per cent a year thereafter. ...
MLC Super updates TPD cover, premiums
KARREN VERGARA  |  TUESDAY, 2 JUL 2019
MLC Super has changed the way it assesses total and permanent disablement (TPD) claims for all working members from 1 July 2019. For members who have worked for 13 months before lodging a claim, MLC Super will determine if the member is unable to ...
Super fund awards Aussie equity mandate
KARREN VERGARA  |  TUESDAY, 2 JUL 2019
A $43 billion superannuation scheme awarded a mandate worth more than $200 million to Omega Global Investors. State Super allocated the funds to Omega's smart beta-plus strategy, complementing its existing Australian equity portfolio. Omega ...
Super smashes best-performing salaries list
KARREN VERGARA  |  MONDAY, 1 JUL 2019
The superannuation industry recorded the highest salary boost of nearly 50% over the last eight years, job search engine website SEEK shows. Superannuation industry employees earned $98,796 on an annual, full-time basis on average, according to ...
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