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Showing 1751 - 1760 of 4851 results for "Super funds"

ASIC targets misleading member communication

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... changes is telling of the trustees' commitment to members' best interests, she added. The package mandates super funds to make insurance opt-in for members whose accounts have been inactive for 16 months. Fund members with balances under $6000 ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... $550,000 and charge a variable 5.9% interest rate per annum and 1.5% establishment fee. ME Bank is owned by 26 industry super funds.

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed ...

Transparency key to ESG advice success

ELIZABETH MCARTHUR  |  THURSDAY, 11 APR 2019
... makes it difficult for advisers to point them in the right direction," she said. "The current lack of disclosure by super funds is preventing Australians from knowing exactly where they are invested and what activities they are funding through their ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... recommendation against treating of employers from the Royal Commission final report. Hayne found legislation on how super funds compete to be nominated as default funds was too lax. Some large funds spend significant amounts to maintain or establish ...

Financial advice in 2030: What does it look like?

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2019
... believes. "Those fund managers providing active investment strategies will target direct investment and self-managed super funds. Insurers will be forced to look to new technologies and avenues to distribute their products with adviser-intermediated ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

New SMSF admin platform launches

KARREN VERGARA  |  TUESDAY, 9 APR 2019
... Systems Super's software Cashbook. Rainmaker analysis of APRA data shows total net flows between APRA-regulated super funds and self-managed super funds has steadily decreased over the last three years. In 2016, $8.1 billion made its way into the ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... extends civil penalties to superannuation fund trustees. Penalties for contravening covenants Trustees and directors of super funds could face civil and criminal penalties if they fail their responsibilities to act in the interests of members, or use ...

Consumers don't understand fee disclosure: ISA

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... to improve RG97. ASIC's proposed changes to Regulatory Guide 97 (RG97) aims to improve the transparency around how super funds and managed investment schemes reveal fees and costs to consumers. Included in the submission is what Industry Super Australia ...