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Showing 1271 - 1280 of 4815 results for "super funds"

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... which has triggered an exodus members holding insurance within superannuation. "As a result, Media Super, like many super funds, will pass on the increased insurance premiums to members. All premiums payable to Media Super's insurer are deducted from ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... provide members a higher standard of living in retirement by eliminating unintended multiple accounts and holding super funds accountable to underperformance. Referring to the proposals introduced on budget night, Hume made it clear that members can ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... freeze was negotiated. Hostplus appointed Metlife as group insurer in 2013, switching from ANZ's OnePath. A number of super funds have had to increase insurance premiums recently after legislative changes including the Protecting Your Super and Putting ...

Leadership spills spell new era: RIAA

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
... "Mirroring the community outrage over recent events, the Australian responsible and ethical investment community - notably super funds and asset managers - has quickly and strongly responded to the recent turn of events, exercising ownership responsibilities ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... fund performance, according to some critics. Advance Human Solutions managing director Alexandra White said that as super funds are rated against one another on MySuper performance, they will be forced to identify when investment teams are the reason ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... And, she did not specify whether she thought the Your Super, Your Future reforms were likely to result in far fewer super funds existing. "We've never compelled consolidation in the industry. We would like the industry to consider it themselves," she ...

Super's role in new $10bn infra spend

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... priority projects, 21 priority projects, 37 high priority initiatives and 90 priority initiatives). "Certainly, the super funds will have a role to play as they may participate as investors in long-term, nation building projects and their members stand ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... dragging their feet when it comes to portfolio holdings disclosure. A recent study by Rainmaker found just 27 major super funds publish holdings data; about one quarter of all funds. Of those that do disclose, most are not-for-profit funds, though some ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... number of poor practices at the recent AIST Trustees Forum, starting with substandard peer reviews, in which many super funds are pitting themselves against a narrow field and failing to include all of their MySuper products in the assessment. "Often ...