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Showing 1581 - 1590 of 11098 results for "Members"

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... According to its 2022 annual report, the Linfox fund had about $54.6 million in funds under management on behalf of 18 members. Both Russell Investments and WTW declined to comment on the arrangement. WTW now has just one corporate fund on the books ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... other pre-mixed options, it also has a higher allocation to private markets, which cannot easily be accessed directly by members," TelstraSuper chief investment officer Graeme Miller said. "We expect this new investment option to be particularly attractive ...

Cost-of-living crisis puts young members at risk: Rest

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
Rest has reported that rising cost-of-living pressures are harming the mental health and financial future of young members, intensifying pre-existing concerns about retirement. A survey commissioned by the $75 billion industry fund revealed that 73% ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... inadvertently minimise retirees' income, contravening funds' obligation to provide the best possible outcomes for their members. Statistics show that nearly half of retirees only draw the government-mandated minimum income, leaving an average ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... treasurer Stephen Jones said this is another step to improve the efficiency of the superannuation system, ensuring that members aren't adversely impacted as a result of a merger or successor fund transfer. "Under current legislation, a member's cap may ...

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... account-based pensions. The product was designed in partnership with Challenger and has built-in protections to ensure members can access their capital over a long period, based on life expectancy. Only 60% of the amount invested counts towards the Age ...

CFA final exam pass rate declines

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
Of the 16,035 candidates who sat for the Level III CFA exam in August, just under half (47%) passed. This is below the 48% and 49% pass rate for those who sat the Level III exam this past February and August of last year, respectively. It is also lower ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... breached the law by allowed Australian Super Find, the Australian Dealer Group, and financial adviser Nizi Bhandari to sign members up to YourChoice Super, saying Diversa was aware the business and the adviser were being investigated by ASIC. At the ...

Superhero announces strategic hires

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
... pivotal role in shaping our future and driving Superhero's commitment to offering exceptional services to our customers and members." Following the introduction of Superhero's 2021 flagship product, Superhero Super, the company said it swiftly garnered ...