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Showing 1891 - 1900 of 4851 results for "Super funds"

Super assets hit new record

STEPHEN FAY, DARREN SNYDER, KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... growth for super assets was lower than the average investment return. This was due to net contribution outflows from super funds and overall expenses. Total contributions dropped $7.6 billion to $109 billion over FY18 thanks to less member contributions. ...

MetLife partners with industry fund for digital tool

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
... central to the platform's ability to provide a faster and easier claims experience. Additionally, the technology allows super funds to quickly and easily incorporate the platform into their member websites, portals, and apps without the need for additional ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... on misconduct in the superannuation industry, which was released on Friday night, showed the wrongdoings of retail super funds were dominant in the 223-page document. Counsel assisting Michael Hodge said it is open to Commissioner Kenneth Hayne to find ...

Aussie super asset allocation "riskier": Research

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
... in UBS' report fails to reflect the more conservative asset allocation often adopted by those with self-managed super funds. According to the latest Rainmaker Advantage report, ATO data for SMSF asset profiles found large SMSFs have growth asset ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
More than half (54%) of the respondents in Financial Standard's latest spot poll believe self-managed super funds are too conservative when it comes to allocating assets. Only a third (33%) said they were content with the allocation strategies and will ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... deposits are not protected by the FCS." To combat this, the centre proposes extending the FCS to include institutional super funds by applying it on a look-through basis to underlying individual member accounts, thereby allowing APRA to treat the deposits ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... were whether this met the perceived interest of members and the sole purpose test. Beginning the hearings, Hodge said super funds had been left "alone in the dark with our money," and questioned whether funds could "be trusted to do the right thing" ...

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... dominant theme has been the importance of professionalism, and specialist education when advising on self-managed super funds." Ralston addressed the Productivity Commission's draft report into efficiency in superannuation, saying the SMSFA looked ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... CFS' letter to members CFS executives started the breach resolution process with drafting member communication. The super funds sent out a letter to members to confirm their investment options. The letter said if a member did not reply by May 2014, it ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... system. Melcer spoke of the difficulties indigenous Australians face in proving their identity when engaging with super funds. Additionally, Melcer said a visit to Far North Queensland remote community of Lockhart River demonstrated to her how a lack ...