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Showing 161 - 170 of 1897 results for %22REST Super%22

DASS clients pushed to accept paltry recoupment

ANDREW MCKEAN  |  FRIDAY, 2 DEC 2022
Dixon Advisory and Superannuation Services administrators have said it's in the best interest of the failed group's creditors to vote in favour of a proposed deed of company arrangement that would see them receiving as little as 3.1 cents on ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... undermines the intention of the performance test regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... undermines the intention of the performance test regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
APRA deputy chair Margaret Cole says there is "material scope" for improvement in super fund board renewal strategies. In a speech to the AIST Chairs Forum, Cole outlined the regulator's expectation of trustee boards, saying the issue of board governance ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
APRA has released updated guidance on investment governance for superannuation trustees. The update, which comes into effect in January of next year, is designed to assist trustees in meeting their requirements under the recently strengthened Prudential ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
Cbus has recommended that the stapling provisions in Your Future, Your Super (YFYS) laws be urgently addressed to reverse the uninsurance risk for workers in hazardous occupations. In its submission, Cbus said stapling reforms have led to many members ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... Rainmaker Information, with $835 million FUM in its MySuper option. Hostplus holds $130 million in its MySuper option and Rest holds $119 million. Rounding out the top 10 super funds with Origin in their MySuper options are Cbus, ART, Aware Super, HESTA ...

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... Roy Morgan findings support that view, she said The report also highlighted other standouts, noting that industry funds, Rest (+3.7%), Catholic Super (+2.6%), and UniSuper (+2.3%) had all increased their customer satisfaction ratings. Retail funds which ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
At the Australian Financial Review (AFR) Super and Wealth Summit, super fund chiefs agreed that the tax concessions on bloated retirement savings accounts should be trimmed. The panel on the strategic directions for super consisted of Mercer Australia ...