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Showing 1071 - 1080 of 11081 results for "Members"

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... use of leverage, and steady inflows of defined contributions that simply pass-through (rather than guarantee) returns to members," the RBA report said. However, the RBA noted that "the sector's rapid growth" - which it noted now makes up one-quarter ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... assets Michael Weaver said the timing of the sale supports the fund's goal of delivering the best possible outcomes for members. "This process has formed part of our broader strategy to manage our portfolio, and we're pleased with the outcome. Our capital ...

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... sure the fund is ahead of the curve when it comes to managing liquidity and risk across the whole range of assets that members own. "The appointment is a clear reflection of the importance that we place on liquidity management and the major role it plays ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... an officer of a responsible entity of a registered managed investment scheme and did not act in the best interests of members. Daly, along with Ian Williams, Paul Raftery, and Paul Nielsen, breached numerous obligations in their roles as directors of ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs than other product types, APRA said ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... for housing without increasing demand... and this isn't it," Jones said. The report by Eslake, commissioned by the Super Members Council, said there is nearly six decades of evidence showing that when housing demand exceeds supply, policies that enable ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
ESSSuper Income Stream members will see a 33% increase in their administration fee cap due to higher costs borne by the superannuation fund. From November 1, the super fund will increase its annual administration fee cap for Income Stream accounts from ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... leave and domestic violence leave," Finance Sector Union national secretary Julia Angrisano said. "It's clear from our members that too many women are struggling to balance the often-hidden symptoms of menopause and menstruation with their paid work." ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... to the Budget, according to a Corinna Economic Advisory report by Saul Eslake. In the report commissioned by the Super Members Council (SMC), Eslake said that decades of evidence clearly show that when housing demand outstrips supply, policies which ...