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Showing 1261 - 1270 of 4847 results for "super funds"

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 ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... large gap exists in providing members advice and assistance in making better informed decisions in retirement phase. Super funds are uniquely placed to provide advice and guidance to members who must contact their provider to commence a retirement income ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
As applications for the early release of super (ERS) scheme slow down, the nation's biggest funds have taken the brunt of the payments. Of the $36 billion paid out so far, the 10 funds with the highest number of applications received from the ATO have ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... which "risks compromising member outcomes and eroding retirement incomes". The new law will regulate both trustees of super funds and SMSFs, prohibiting certain payments unless certain conditions are met. In quantifying financial benefits to members ...

Wells Fargo sets sights on Aussie super

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... the Australian superannuation system, confirming to Financial Standard that it has been in discussions with major super funds. Wells Fargo head of international distribution Deirdre Flood said the firm has been in talks with some super funds for some ...