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Showing 1771 - 1780 of 4848 results for "super funds"

Industry fund executive takes new role

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
... officer. Schimmel said she was ready for a change after almost eight years at LUCRF, but was reluctant to leave industry super funds. "The philosophy of putting members first, and the Vision Super values of trust, care, commitment and citizenship, really ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) via video link, took a simplistic yet tough approach to solving the culture crises exposed by the Royal Commission. ...

Reforming bank culture rests on regulators: Silk

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
... what it takes to become good corporate citizens - if left to their own devices. Appearing at the Conference of Major Super Funds, Silk was asked whether the big banks have the ability to change poor culture of their own volition. "I don't know where ...

Super funds eye intra-fund advice shake-up

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
... The superannuation industry has its sights on lifting restrictions around intra-fund advice, the Conference of Major Super Funds has heard. Speaking on a panel discussing the future of advice in superannuation, Industry Funds Services (IFS) chief executive ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
APRA issued a stern warning to super funds to expect a more assertive and demanding prudential regulator that will crack down on underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... funds to be exemplary in terms of practices and performance. This was a key message at this year's Conference of Major Super Funds (CMSF), which kicked off at the Gold Coast Convention and Exhibition Centre yesterday. Welcoming about 1000 delegates representing ...

Rice Warner predicts super fee-hike

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... Productivity Commission recommendations aimed to curb the number of individual superannuation accounts will impact super funds to the tune of $350 million. The researcher believes the number of superannuation accounts in Australia will drop by 26% as ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... continues. But is the river drying up? 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. According to Rainmaker, the SMSF sector is ...

Sole purpose test divides industry

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... reward," Daniel said. "Let's say I'm an 18-year-old kid and I've got $5000 in an account somewhere, and then five super funds promote '$100 gift card if you sign up with us,' and then I just roll $1000 across five different accounts." "If the opportunity ...

Women-led super funds continue to shine

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... leadership roles are adding up to $55,000 to member balances, according to new insights. Latest Rainmaker figures show super funds with greater female representation on boards and leadership teams achieve greater returns for members. Funds with above-average ...