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Showing 1451 - 1460 of 4815 results for "super funds"

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
... guise of a balanced portfolio, I would be currently incarcerated." Rocks told Financial Standard the issue of whether super funds and their balanced options are really serving consumers comes down to the fact that terms like "balanced" and "conservative" ...

Consumers looking for reassurance: MetLife

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... changed their investment strategy." Chesne Stafford, chief customer and marketing officer at MetLife Australia said super funds and financial advisers have a significant role to play in helping ease the financial stress of their customers. "According ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... licence any time within the next six months, with the prudential regulator keen to avoid the early failure of new super funds at the hands of COVID-19. APRA has suspended the issuance of new licences to budding superannuation funds, banks and insurers. ...

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... Global Financial Crisis. "But what may surprise some is that there is very little consistency in the way Australian super funds and other unlisted asset owners manage the valuation process," Kelly said. "The bottom line is that any decision on valuations ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... government are positioning the early withdrawals from super as a "Team Australia" moment and have been clear that super funds are expected to get on board. "Superannuation is a great Australian asset, with around $3 trillion in savings. There is more ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
Standing Committee on Economics chair Tim Wilson has written to superannuation funds seeking numbers on liquidity, unlisted assets and stimulus measures by April 29. In a letter sent to superannuation funds last Wednesday, Wilson has asked funds to ...

ASIC cancels slew of AFSLs

JAMIE WILLIAMSON  |  FRIDAY, 3 APR 2020
... cancellations, ASIC canned the license of Your Super Life, an organisation that assisted with the consolidation of super funds and establishment of SMSFs. "You Super Life assists by consolidating your numerous super accounts and in doing so allows you ...

Asset devaluation continues

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... comes after AustralianSuper and UniSuper both devalued their unlisted assets last week. It's been a tough time for super funds, who have also had hundreds of billions wiped from their books in the share market volatility.

Return of the king

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... markets were at peak, and that has unravelled very quickly. Doyle said on the institutional side, many of the larger super funds are switching the cash and more defensive options and as the dust starts to settle, we will start to see more of those strategic ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Speaking to Financial Standard, Hostplus chief executive David Elia has said it's the super funds with higher average account balances that should be worried about the impact of the early release scheme. Hitting back at public commentary suggesting ...