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Showing 91 - 100 of 100+ results for "Superannuation"

Major legislations hit parliament

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... will be jointly administered by APRA and ASIC. The FAR increases accountability across the banking, insurance and superannuation sector and will improve the governance of these entities, Frydenberg said. The banking sector can expect FAR to commence ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will force superannuation trustees to lift their game and expose choice products that are failing members by charging high fees and delivering ...

ACSRF expands digital partnership

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
The Australian Catholic Superannuation and Retirement Fund is expanding its digital partnership with SS&C. SS&C Bluedoor will provide a new mobile app for ACSRF's 86,000 members in which super and pension information can be accessed in real time. ...

Former Women in Super chief joins AIST

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The Australian Institute of Superannuation Trustees (AIST) appointed the former chief executive of Women in Super as general manager, professional development. Sandra Buckley led Women in Super for the past eight years where she was responsible for ...

AMP adds options to MyNorth

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... also recently reduced the minimum brokerage fee for listed securities to $18.49 from $34. The new fee applies to superannuation, pension and IDPS clients across the MyNorth, North, Summit and iAccess platform products. The recent fee cut follows on from ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
The legislation that will see the merger of Sunsuper and QSuper through was passed this week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill ...

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... Kaizen said. Last quarter, 57% of the firm's placements were in funds management. "Many of the fund's management and superannuation businesses we work with are establishing new responsible investment teams or are increasing the size of their current ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
The government has moved on its election promise to scrap the $450 threshold for superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday ...

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... 2018-19 financial year, owed to about three million workers. On average, Australian workers lose about $1700 in superannuation each year, ISA said, amounting to $60,000 less in retirement. In the last six years, the unpaid super debt has climbed to $28.8 ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... managers however, fell 20% year on year to $180 million. Talks of the Future Fund taking over the management of superannuation have swirled for years. Should this materialise, comparing costs with the average MySuper product would see the Future Fund ...