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Showing 171 - 180 of 959 results for "Superannuation Trustees"

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... to ensure the payments ceased when members left their employer," ASIC deputy chair Sarah Court said. "Superannuation trustees should treat the penalty imposed today as an important reminder to maintain robust internal governance and assurance arrangements. ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with threats to their ...

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
In opening the Australian Institute of Superannuation Trustees' Conference of Major Super Funds, chief executive Eva Scheerlinck lamented the glacial pace of change for women when it comes to superannuation. Touching on why closing the gender super ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... supervisory approach, driving trustees to take meaningful action to improve member outcomes. APRA encourages superannuation trustees to continue to explore ways to improve the efficiency of their MySuper products." Commenting on the results, Super Consumers ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
ASIC is calling on superannuation trustees to review and improve the effectiveness of target market determinations (TMD) for their products. The regulator's request follows a sample review of trustee compliance that found some poor practices. ASIC ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... communicate its findings to drive improved retirement outcomes for consumers while continuing surveillance of superannuation trustees on issues previously raised by ASIC. It also said it is focused on reducing the risk of harm to consumers of financial ...

NGS Super chief executive retires

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... before the fund's merger with QIEC Super was finalised. Also commenting, the Australian Institute of Superannuation Trustees thanked Wright for her work in the profit-to-member sector and her commitment to achieving the best retirement outcomes for ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... facing its own turbulence. "As Australia's prudential supervisor, APRA wants to see banks, insurers and superannuation trustees retain their financial and operational strength. That best positions them to support their customers through periods of ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... framework. "Climate change and the global response to it are creating financial risks for banks, insurers and superannuation trustees, whether it be the physical damage from floods or bushfires, or asset price volatility as consumer and investor demands ...

Julie Lander named FEAL Fund Executive of the Year

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... 30 years' experience in superannuation, Lander is also a director and fellow of Australian Institute of Superannuation Trustees (AIST), a director of FEAL and a member of AHRI and AICD. Lander has served as CareSuper's chief executive for over 20 years ...