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Showing 1161 - 1170 of 4813 results for "super funds"

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... decisions. This will increase the administrative and compliance obligations of trustees," he told Financial Standard. Super funds are already inundated with regulatory obligations, such as APRA's SPS 515 Strategic Planning and Member Outcomes. The ...

Zenith acquires asset allocation specialist

ELIZABETH MCARTHUR  |  TUESDAY, 16 MAR 2021
... plans for further expansion across wealth management and superannuation. "With ongoing change impacting advisers, super funds and platforms, including their clients and members directly, we believe proven providers of relevant services, at scale, will ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... preferred investment destination," he said. "The merger of QSuper and Sunsuper would create one of Australia's largest super funds, headquartered in Queensland with two million members and $200 billion in assets." The two industry funds floated the ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... confidence that they will have income for life," he said. Federal treasurer Josh Frydenberg is putting the pressure on super funds to meet the growing demand for these types of products that address retirees' long-term financial needs. The Retirement ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... reduce costs but also to remove persistent poor performers... On this basis, it seems inappropriate for poor-performing super funds to be put onto life support via a quasi-merger," Bragg said. In response, APRA deputy chair Helen Rowell said it wants ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... repercussions of this are only beginning to be felt, with strategic asset allocations for institutional investors like super funds shifting to keep up. "Thinking about the defensive portion of our investors' portfolios - if you buy car insurance or home ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... adversely impacting access to life insurance cover for a large part of the Australian community," the letter read. Several super funds have increased premiums, some as frequently as twice in one year, blaming increased government regulations. APRA is ...

Equity Trustees wins super trustee mandate

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
... professionals joining the team in recent months, to ensure we are the preferred independent trustee for Australian super funds," Equity Trustees' superannuation trustee office executive general manager Mark Blair said. "The appointment to act as trustee ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
... Australia's superannuation wealth," Rainmaker executive director of research and compliance Alex Dunnin said. "Some super funds, because of the industries and employers they serve, have high concentrations of women members, including health, education ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... superannuation funds with females holding an executive position continue to outperform male counterparts. Of the 50 super funds analysed in Rainmaker's annual W-Index, one-third of leadership roles such as chairs of the board and committees, trustees ...