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Showing 1261 - 1270 of 4851 results for "Super funds"

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... retail funds and they'll be dining out on workers' savings," Dean said. "The government is making countless dud retail super funds and investments immune from any meaningful performance tests, effectively giving some of the worst performing financial ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto destroyed a site that represented 46,000 years ...

Super satisfaction bounces back

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... by sector at 1.5% to 65.3% despite suffering the largest annual decline at 10.4%. Satisfaction with public sector super funds increased 1.3% to 71.5% - the highest satisfaction score of any sector. Industry fund satisfaction rose marginally by 0.4% to ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... fees on an ongoing basis for personal advice provided to MySuper products (for a 12-month period). More generally, super funds cannot charge a member fees for advice provided unless the fee is charged in accordance with an arrangement that the member ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
... "He has an exceptional track record and is incredibly well regarded by industry participants, across the spectrum of super funds, corporate clients, licensees, advisers and their various associations, as well as our regulators," Dodd said. McCormack ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members are generally defaulted in the highest-risk occupation category and end up paying high ...

New trustee for Student Super, NEOS Super

ELIZABETH MCARTHUR  |  FRIDAY, 4 DEC 2020
... this year. Sargon was rebranded to Certes Corporation in June. Diversa provides trustee services to 23 APRA-regulated super funds with more than $8 billion of assets under management. "Consolidating our super funds under the one trustee company streamlines ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... oil and gas company Santos' carbon reduction plan has been heavily criticised, with critics pointing out many super funds invested in the company have made declarations on climate change that don't match their actions. According to Rainmaker ...

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
... of the risks and opportunities that arise from climate change. "Combined with APRA's 2021 plans that will require super funds to perform vulnerability assessments of the potential physical impacts of a changing climate, it is clear that addressing the ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... placed, and we have the work underway in order to implement a series of changes to correct that," he said. While most super funds cap admin fees at a certain amount, Leigh asked why Mercer did not. "It's simply the pricing approach that we've ...