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Showing 1191 - 1200 of 13654 results for "Member"

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Insignia Financial has completed the separation of MLC from NAB, transitioning the MLC MasterKey and Plum registries. Insignia Financial has transferred 700,000 MasterKey and Plum accounts, 55 systems and applications and more than 100 terabytes of ...

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... because industry funds have antiquated software and accounting systems that are incapable of determining an individual member's realised gains. To produce a policy measure that panders to large funds because they cannot calculate realised gains at the ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined an invitation to front the Senate Economics Committee over issues with the fund's recent board appointments and claims handling delays. In a letter to committee chair Senator Andrew Bragg, Swan thanked Bragg for the ...

ASIC issues new guidance on DBFO reforms

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
... Act, which apply from 10 January 2025 for new fee arrangements. INFO 287 shows that superannuation trustees "must have a member's written request or consent, or a copy of the request or consent, before they charge advice fees (non-ongoing fees) under ...

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... continue to support us, because we will support you too." "At the end of the day, superannuation is all about delivering that member benefit... and their money back to the membership," Nair said. "I think we significantly complicate what is essentially ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... resolve it and provide members and their beneficiaries with the service they expect and deserve," AustralianSuper chief member officer Rose Kerlin said. "Over the coming months, we'll be contacting members' beneficiaries who have been impacted ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
The shadow minister for financial services Luke Howarth has called on attendees to the ASFA conference to put pressure on the Albanese government to legislate reforms from the Quality of Advice Review (QAR). "Sadly, the Labor government has been slow ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... standard of reporting to build trust and confidence. Ultimately, you can't have good retirement outcomes without good member outcomes," she said. "You can't have good member services without accountability, transparency and consistency in the ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
The Australian Taxation Office (ATO) recovered over $900 million in unpaid super owed to 800,000 employees in the past year. Latest compliance data from the ATO shows $932 million in previously unpaid superannuation reached the retirement accounts of ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
Following its recent action against Cbus, ASIC has warned all super trustees to ensure they are processing death benefit claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC has put super funds on notice ...