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Showing 1501 - 1510 of 4815 results for "super funds"

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... will update Prudential Practice Guide SPG 530 Investment Governance (SPG 530) in relation to ESG considerations for super funds. APRA said a survey of its regulated entities in 2018 revealed that the financial risks and opportunities from a changing ...

Stability needed: Maroney

ELIZABETH MCARTHUR  |  MONDAY, 24 FEB 2020
... the SMSF Association is undertaking research with Rice Warner to compare the costs of SMSFs with industry and retail super funds. "We've signed another three-year agreement with the ATO," he added. Maroney called on those listening to encourage colleagues ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... 12% in a submission to the Retirement Income Review. Prime Super chief executive Lachlan Baird said that while most super funds would advocate for an increase in compulsory super, he thinks they need to be "realistic." "Although the current 9.5% compulsory ...

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
ASIC has cracked down on a number of auditors of self-managed super funds, which the regulator said have failed to meet their requirements. "ASIC has moved to disqualify, or suspend and/or add conditions to the registration of, a number of auditors ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... member is 42 years old. A HESTA spokesperson said changes to insurance pricing were carefully considered. "The way that super funds provide insurance cover to members and when their insurance cover must be cancelled has changed as a result of Federal ...

Industry butt heads over super guarantee

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... Despite this, Steffanoni believes the compulsory nature of the SG system has shifted the attention of Australia's super funds from what is truly important; assisting members with their retirement goals. "Australian superannuation funds [are focused] ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... the Productivity Commission found the cost of insurance can set members retirement balances back by around $85,000. Super funds need to be very careful that they are not driving people to keep costly inappropriate cover." "We're calling on super ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
The peak body for industry super funds is stepping up its campaign to convince the public of the benefits of increasing the superannuation guarantee, as the RBA weighs in to the debate. Industry Super Australia has kicked off a new advertising campaign ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
... December, Grow Super deputy chief executive Adam Gee said. Grow is also participating in tenders for several other super funds, Gee said. Grow Super's new platform, which is called TINA, was announced in July last year. Gee, who was previously a partner ...

Most complained about super funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
... Suncorp Super, Mercy Super. AMP and Rest remain in the top 10 at fourth and ninth respectively. However, it is smaller super funds that have a higher number of complaints as a ratio of total members. EISS received the most complaints per 100,000 members. ...