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Showing 1111 - 1120 of 18361 results for "Superannuation"

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
Grattan Institute housing and economic security program director Brendan Coates has slammed the government's superannuation tax concessions, reinforcing his view that the super system is no longer being used to fund retirements. "The concessions available ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
As more Australians drain their superannuation to pay for medical procedures, Slater and Gordon Lawyers is warning members to think twice about doing so after a Perth dentist left patients in limbo. Slater and Gordon Lawyers medical law practice leader ...

ESSSuper, UniSuper spearhead member satisfaction

KARREN VERGARA  |  MONDAY, 23 JUN 2025
ESSSuper and UniSuper lead the way for the significant increase in superannuation member satisfaction, a new survey from Investment Trends reveals. The 17th edition of the 2025 Super Member Engagement Report saw super funds' improved service strategies ...

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... is spelled out in the Corporations Act, where Section 761G (6) says that when a financial service relates to a superannuation product, the super fund must hold $10 million in assets to be treated as a wholesale investor," they told the recent AFCA Member ...

ART makes sweeping changes to corporate super plans

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
Australian Retirement Trust (ART) has made an array of changes to several corporate superannuation plans it manages, including shuttering one. The Tiffany & Co. Superannuation Plan has closed as of June 20 with members transferred to a Super Savings ...

ART overhaul sees senior portfolio managers exit

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... departure of two senior portfolio managers. Ondre Ozer is set to leave ART as the country's second-largest superannuation fund moves to disband its investment resilience and planning division, of which he was a part. Ozer's boss, Jody Fitzgerald ...

Wealth groups tap operations leads

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... include senior positions at Nikko Asset Management and Xplore Wealth, as well as consulting work in asset management, superannuation, and investment services. "Nathan has been a crucial part of our leadership team, offering not only extensive regulatory ...

Golden parachutes deflate rapidly for some, not all ASX chiefs

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... same period, those at companies outside of the ASX 100 rose considerably. Research by the Australian Council of Superannuation Investors (ACSI) shows the golden parachute payments to ASX 100 chief executives totalled just $8.38 million in FY24. This ...