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Showing 91 - 100 of 196 results for superannuation industry regulations

Cbus appoints ESG investment manager

DARREN SNYDER  |  THURSDAY, 12 NOV 2015
Industry superannuation fund Cbus has appointed a new environmental, social and governance (ESG) investment manager and is increasing company research and its direct engagement program. Joining the $31 billion fund is Nicole Bradford, replacing Louise ...

ISA calls out banks over fee structures

DARREN SNYDER  |  MONDAY, 12 OCT 2015
Australia's big four banks collect one third of all fees paid to superannuation funds totaling about $10 billion, according to research from Rainmaker Information commissioned by Industry Super Australia. The study found that the super industry drew ...

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
... were moving ahead with the export of funds management agenda, life insurance sustainability reform and moving on superannuation governance." Former Parlimentary Secretary to the Treasurer Kelly O'Dwyer is now Assistant Treasurer and Minister for Small ...

ASIC warns super funds over transparency requirements

MARK SMITH  |  MONDAY, 7 SEP 2015
A survey of superannuation websites by ASIC has found that some super funds are falling short in their requirement to display certain information on their websites. The Superannuation (Industry) Supervision Act (SIS Act) and SIS regulations 2.37 and ...

AustralianSuper to pay early insurance to terminally ill

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
From today Australians with a life expectancy of two years or less can fully access their superannuation savings yet the country's largest industry fund has gone a step further and negotiated for the early release of life insurance benefits. AustralianSuper ...

Regulatory changes stifling innovation

ALEX BURKE  |  TUESDAY, 7 APR 2015
The increasing role of regulators and ongoing regulatory upheaval is stifling innovation in the superannuation industry, according to research by BNP Paribas Securities Services and the Australian Institute of Superannuation Trustees. The research paper ...

Government "tinkering" tops super industry worries

LAURA MILLAN  |  FRIDAY, 13 MAR 2015
Superannuation industry stakeholders are most concerned about "increasing government tinkering and regulation," a survey by the Australian Institute of Superannuation Trustees (AIST) and BNP Paribas revealed. "Over 40% of respondents think regulatory ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... 2009 and, since then, consumers have become increasingly aware of the fact that they have insurance through their superannuation fund. New products (such as direct insurance) and aggressive marketing campaigns on television and the internet have only ...

Industry furious at financial advice swap

AAP & ALICE URIBE  |  THURSDAY, 20 NOV 2014
... its regulatory powers to modify aspects of the laws, raising the ire of consumer advocates, seniors and industry superannuation funds. They argued the changes reduced protection from dodgy financial advice. At the time, the government had the support ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... the given pay period. A further complication is that, while the law in question - which is part of the Superannuation Industry (Supervision) (SIS) Act - was passed in 2010, no regulations were written to enforce it. This means the repeal of the law will ...