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Showing 1031 - 1040 of 4747 results for "July 24"

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
The regulators issued a firm reminder to trustees and financial advisers to heed the new law that limits the charges on superannuation advice. From July 1, trustees and financial advisers must have the proper processes and systems in place to meet the ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
ASIC is consulting on how exchange-traded products investing in cryptoassets can meet existing regulatory expectations, with the regulator particularly interested in identifying suitable cryptoassets for such products and ensuring good practice in terms ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
The $9 billion corporate superannuation fund is launching a passive investment option to members tomorrow, while also reducing administration fees and the amount it contributes to its defined benefit pool. From tomorrow, Qantas Super members will be ...

GBST improves compliance checks

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
GBST has upgraded its solution to make it easier for superannuation funds to identify members and meet Australian Tax Office tax obligations. GBST Digital now allows super funds to integrate ID verification in their systems without compromising the ...

TelstraSuper lowers admin fee

ELIZABETH MCARTHUR  |  TUESDAY, 29 JUN 2021
Profit-to-members corporate fund TelstraSuper, which has about $23 billion in assets under management, has lowered its admin fee. From July 1, TelstraSuper Corporate Plus, Personal Plus, Retire Access and Direct Access members will pay an admin fee ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
Planned superannuation reforms could net millennials $650,000 extra in retirement, according to Colonial First State. Analysis from the institution shows increases to the superannuation guarantee will boost a 35-year-old's super balance by $86,000. ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The investment fees paid by Catholic Super members are set to drop by up to 20% as its joint venture with Equipsuper becomes a legal successor fund transfer. With the SFT set to finalise on June 30 and all Catholic Super members to transfer from the ...

New chair of BT Super trustee board

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
BT Super trustee board chair David Plumb has retired after more than a decade, with a replacement appointed. Gai McGrath will commence as non-executive director and chair of the BT Super trustee board from July 1. Westpac chief executive, specialist ...

KPMG promotes two super experts

KARREN VERGARA  |  MONDAY, 28 JUN 2021
KPMG Australia has promoted superannuation and self-managed super fund experts respectively to partners. Cecilia Storniolo, the director of superannuation advisory, actuarial and financial risk, will become a partner on July 1. She joined the consulting ...

HESTA nabs Hostplus executive

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
The head of ESG at $61 billion industry fund Hostplus has jumped to HESTA. Kim Farrant will join HESTA, the $60 billion industry fund for healthcare workers, as general manager responsible investment on July 12. Farrant will report to the fund's ...