Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1311 - 1320 of 6290 results for "Superannuation Fund"

REI Super names member-elected directors

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Three new member-elected directors have joined $2 billion superannuation fund REI Super. Nathan Jones (Victoria and Tasmania), Cassandra Mason (Western Australia and South Australia) and Leanne Pilkington (New South Wales and ACT) have been successfully ...

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... Willis Towers Watson senior director Martin Goss noted the significant change occurring in the Australian superannuation fund landscape. "As this activity continues, we could see two or three Australian funds break into the top 20 funds in the ranking ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
Retail and corporate super funds continue to show a poor track record of how they vote on environmental, social and governance matters, new research shows. According to the Australasian Centre for Corporate Responsibility (ACCR), which analysed the ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
The draft legislation on superannuation portfolio holdings disclosure is not in the best financial interests of members and only stands to serve rival fund managers to whom the reforms don't apply, according to AustralianSuper. In its submission to ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
An ASIC survey of super funds about their preparedness for the new enforceable internal dispute resolution (IDR) obligations identified areas of weakness. The specific areas identified by the regulator as needing improvement include attention to governance ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The government has passed legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. Treasury Laws Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual ...

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
Can consumers, even informed ones, tell the difference between standard risk measure (SRM) and long-term risk measure (LTRM) labels? That's a question put to Chant West general manager Ian Fryer and Aware Super manager for actuarial practice Estelle ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's ...