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Showing 1341 - 1350 of 4815 results for "super funds"

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

AustralianSuper PYS fee under scrutiny again

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... release. Bragg then asked about the report ASIC was undertaking following the Royal Commission on "inducements" and how super funds entice businesses to choose them as a default fund for employees. "There has been law reform around inducements and we ...

ERS sees 300,000 repeat applications

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... applications has topped $23 billion, however at the time of APRA releasing the data only $19.1 billion has been paid. Super funds continue to keep up with the five working day time frame set up by APRA with funds making payments within that limit 95% ...

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... mortgage customers. Earlier in the year, Wilson also questioned McPhee of ME Bank's relationship with the 26 industry super funds that own the bank. It was confirmed the ME Bank does not pay dividends to the funds that own it.

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... 64.4%. Public sector funds came out on top, with satisfaction increasing 1.6% to 72.7%. Interestingly, self-managed super funds were the only sector that saw a decrease in satisfaction, dropping 1.9% to 72.3% when compared to May 2019. At the fund-level ...

Research slams ADL definition

ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... is working towards the removal of the ADL definition from policies. A spokesperson for TAL said it is working with super funds to develop alternatives to ADLs. "In 2018 TAL worked with Cbus to develop its 'Everyday Working Activities' definition which ...

FSU secures super pay increases

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
The Financial Sector Union (FSU) has confirmed employees at a number of super funds will receive pay increases in a deal that followed 12 months of negotiation. The FSU said it was pleased to have reached decisions with a number of super funds including ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

LGS certified carbon neutral

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... certified carbon neutral through Climate Active. LGS said the certification means it is one of only five Australian super funds to achieve carbon neutral status. The fund said it was awarded the certification after it met all the requirements of the ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... pricing perspective and strong tail winds driving those sectors." One factor impacting private equity allocation among super funds is liquidity, she said, with the government's early release scheme forcing many to adjust portfolio weightings to more ...