Search ResultsShowing 71 - 80 of 100+ results for Karren Vergara
Superannuation bills on hold
KARREN VERGARA  |  MONDAY, 15 APR 2019
Four key pieces of legislation, including the protection of young superannuation members and low-balance accounts from default insurance premiums, have been put on ice. Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 , a highly ...
Retirement funder partners with ME Bank
KARREN VERGARA  |  FRIDAY, 12 APR 2019
Specialist retirement funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to ...
$1.5bn pulled from Pendal
KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under ...
Clime taps retail market
KARREN VERGARA  |  THURSDAY, 11 APR 2019
Clime Investment Management is expanding its reach to self-directed investors by adding four portfolios to an online platform. OpenInvest now hosts Clime's defensive income, sustainable income, robust growth and maximum growth portfolios on its ...
ASIC delays choice product dashboards
KARREN VERGARA  |  THURSDAY, 11 APR 2019
The Australian Institute of Superannuation Trustees has slammed ASIC's move to defer consumer disclosure requirements for choice superannuation products for up to four years. Currently, superannuation funds with more than five members must ...
Superannuation Guarantee continues to fail employees: Report
KARREN VERGARA  |  THURSDAY, 11 APR 2019
A new study debunks the myth that blue-collar workers are the occupational group most likely not to receive their superannuation entitlements. Using ATO data from 2015/16, Mercer's Unsupered report reveals of the 397,900 salaried employees who ...
Fee for no service on APRA and ASIC radar
KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
APRA and ASIC issued a joint letter warning superannuation funds and financial advisers that they will take a tougher approach to ensuring the fee for no service debacle is not repeated. The regulators are taking a more stringent stance on ...
Government bans superannuation funds treating employers
KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
New legislation has put an end to trustees incentivising employers to appoint them as their default superannuation fund. Part of the Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019 ...
SMSFs outshine industry funds for large balances
KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which ...
New SMSF admin platform launches
KARREN VERGARA  |  TUESDAY, 9 APR 2019
A new one-stop-shop SMSF solution that aims to help financial advisers keep on top of administrative and regulatory burdens has launched. Practical Systems Super meets the needs of small accounting and advice firms by providing services such as ...
Link to something 5ijeLpO5