Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1791 - 1800 of 4848 results for "super funds"

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... safeguards were definitely required removing the provisions completely was not necessary," he said. "Regardless, Industry super funds will strive to ensure default insurance arrangements remain cost effective and matched to the insurance needs of members ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... their default superannuation fund; with the Government acting on Commissioner Hayne's finding that some large super funds spend "not insignificant amounts" on the practice. Additionally, the Government will move to extend civil penalties to superannuation ...

ACSA creates managed fund taskforce

HARRISON WORLEY  |  MONDAY, 11 FEB 2019
... participants - from both the perspectives of fund manufacturers and investors - have identified wealth platforms, super funds and individuals as "key blockages." The focus of the taskforce is set to be determined in accordance with pain points identified ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... they hang up their boots. That's a difference of $567,000. This is because the MySuper options from different super funds can perform differently. As an example, the best-performing default fund hit 7.4% per annum while the worst one only hit 3.2% ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... In separate recommendations, Hayne asked for the banking executives accountability regime (BEAR) to be extended to super funds and insurance. Under it, superfunds would have to nominate an accountable person to the regulators. "It would be prudent to ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such conflicts resulting in "scarce evidence of misconduct or conduct falling below community expectations." ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... consider it would be in their interests to move funds, they can do so," he said. Board representation Regardless of how super funds nominate or select directors, Hayne's main recommendation is that all directors must meet the best interests obligation. ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... this to happen). While all this may appear to vindicate the direct distribution business models of not-for-profit super funds, it didn't all go their way. Indeed the RC's recommendations for Australian workers to have a single default fund will ...

Clime names distribution and private wealth lead

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... HNW and sophisticated investor clients within its subsidiary Clime Private Wealth. It also works with self-managed super funds, companies, charities and institutions. Maria Greensill heads Clime Private Wealth. Bristow said as the wealth management market ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... be consigned to an "under-performing government-run fund." "We need to find ways of connecting workers with quality super funds, not find new ways for them to end up with less in their accounts," Dean said. "The extent of the loss calculated under the ...