Super funds failing three-day transfer requirementBY ELIZABETH MCARTHUR | WEDNESDAY, 24 NOV 2021 12:39PMTrading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Related News |
Editor's Choice
Fidelity to roll out more active ETFs
The fund manager is looking to significantly boost its local lineup of active ETFs.
Prime Super finds new chief executive
Prime Super has appointed former Zurich chief of business transformation Raeline Seales as its new chief executive.
Performance test needs better metrics, durability
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard.
Charles River appoints new head of APAC
The State Street-owned company will welcome a new head of Asia Pacific.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Scammers are targeting SMSF's. Sure the big funds could rely on the ATO's SMSF checks but we saw with the Covid Early Release that the ATO's checks are not up to scratch.
Get the ATO to fix up their controls and the big funds will then trust in the Superstream system.