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Showing 1291 - 1300 of 18106 results for "Superannuation"

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
... Appearing on a panel discussion at the ASFA Conference on Thursday, Mine Super chief executive Vasyl Nair said superannuation funds should not prioritise glamourising offerings, but instead focus on simply improving performance. Nair explained when he ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... implementing those reforms and to cut red tape and regulation to bring the price of advice down." Howarth said the superannuation industry is shifting as more members reach retirement age and require advice on how to navigate the transition. "This demographic ...

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... to their responsibilities. "As I look ahead... I can see that 2025 is going to be another significant one in our superannuation work and in our job in the superannuation system. But we don't want you to wait until then to act. We need you to start ...

Australians satisfied with super performance: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
New research from the Association of Superannuation Funds of Australia (ASFA) finds most Australians are satisfied with the returns their super fund is delivering, with only 6% deeming their fund's performance poor. Surveying 1500 adults across ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... 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 797,000 employees following action by the tax office. In the past year, the ATO proactively ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... high number of claims or extensive delays in handling, the letter read. Appearing at the annual Association of Superannuation Funds of Australia conference, ASIC commissioner Simone Constant said she had chosen to write to trustees now as "this is too ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
Treasurer Jim Chalmers announced new reforms the government will be rolling out for Australia's superannuation system. Speaking at the annual Association of Superannuation Funds of Australia (ASFA) conference, Chalmers gave an address laying out ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... review are likely to be published before the end of the year. Under Commonwealth law, directors on the boards of superannuation funds such as Cbus have an ongoing obligation to satisfy a 'fit and proper persons test' to evaluate whether they ...

Fiducian names general manager, superannuation

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
A former NAB Asset Servicing executive is taking over as general manager, superannuation at Fiducian. Jonathan Green commenced in the role yesterday, replacing Ross Martin who is due to retire. Green brings more than 35 years' experience in financial ...