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Showing 1571 - 1580 of 22869 results for "Super"

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Administrative Review Tribunal (ART) has declined to stay or suspend sanctions imposed by the Tax Practitioners Board (TPB) against disqualified tax agents in three separate cases. All three cases relate to misconduct on the part of tax agents ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
MUFG Pension & Market Services (MPMS) has awarded Tata Consultancy Services (TCS) a mandate to help transform its retirement solutions business. The Memorandum of Understanding (MOU), in the new partnership, outlines joint initiatives in product development ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... adverse scenarios. Last month, APRA slammed superannuation funds for their lax liquidity risk management. Eight unnamed super funds out of 23 that APRA analysed needed major improvements. Super funds tend to use just one liquidity trigger, being a percentage ...

Mason Stevens rolls out super admin fee changes

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
Mason Stevens Super has made a slew of changes to administration fees, while also adjusting the expense recovery fee and account keeping fee from February 14. In what is the first change to fees since the product's 2017 inception, Mason Stevens ...

Platinum awards mandate to Northern Trust

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
Northern Trust has been appointed by Platinum Asset Management to provide comprehensive asset servicing solutions across its Australian funds. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting ...

AustralianSuper aims to five-fold $1.4bn Euro venture in five years

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
... short order." Meantime, M7 Real Estate chief executive David Ebbrell said it is excited to partner with Australia's largest super fund. "Not only is AustralianSuper's investment into our business another huge endorsement of M7 Real Estate's team, its ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... retirement income product - which would also need to be deemed suitable for the relevant member cohort - provided by their super fund. The 'soft default' products offered under this arrangement would generally be fully portable, allowing individuals ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Vision Super has told members administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
... (CFS) announced impressive returns for its balanced and growth equivalent funds throughout 2024. The FirstChoice Employer Super balanced option returned 13.8% in 2024, while the FirstChoice Employer Super growth option delivered a staggering 16.6%. The ...

Adviser number growth shoots?

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
The number of advisers that have exited the industry over the past four or five years appears to have plateaued, albeit another decline in 2023, last year's figures suggest that the losses have stabilised, according to Rainmaker Information's 2024 ...