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Showing 1271 - 1280 of 11085 results for "Members"

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... past year, the more likely they are to start thinking about retirement," he said. The report showed that the main reasons members contact their super fund are login credentials (17%), fund withdrawals (13%), and questions about annual statements (11%). ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
... June 2024, before making its final decision," AFCA said. "AFCA can only accept complaints about firms that are current members of the AFCA scheme. Once an AFCA member is expelled, AFCA cannot accept any new complaints against that former member, however ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... 1990 exclusively for Telstra employees. It is now open to the public and less than one quarter of the fund's 84,000 members work for Telstra. There are now 64 active retail super funds; six shuttered during the period. Industry super funds remain ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... costs associated with administration/platform migrations to ensure these mergers are in the best financial interests of members." Furthermore, the average operating cost per member has decreased across super funds (excluding SMSFs). Fiducian Portfolio ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... conditions to drive substantial governance and risk management improvements at Mercer Super and protect the interests of its members," APRA deputy chair Margaret Cole said. "Mercer Super has experienced significant growth in recent years, in terms of ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... Australians 55 and older and highlighted the important role super funds play in providing retirement education and tools to members. It found 51% of pre-retirees and 39% of retirees look to their fund for guidance around their retirement decisions. TAL ...

Platform reveals advice firms' top issues

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... according to professional networking platform Ensombl. The analysis of adviser conversations stemming from 8750 Ensombl members who deliberated among themselves about best-practice solutions reveals their most-pressing issues in the six months to December ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... invest would be profound". In analysing the potential impact of an indexed change to the current test thresholds, AIC members said this could lead to a 10% to 50% reduction in investors particularly at the start-up and early-stage levels. "For VC funds ...

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... number of countries and jurisdictions, with multiple hurdles to overcome," he said. "I take this opportunity to thank those members of the Cromwell team who participated in this exercise, especially those who will move to Stoneweg as a result of this ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... investigation into money-laundering scheme under the code name "Operation Avarus-Nightwolf". The AFP alleges that seven syndicate members laundered nearly $229 million via the Changjiang Currency Exchange's criminal enterprise with accomplices recruiting ...