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Showing 1921 - 1930 of 18113 results for "superannuation"

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
Commonwealth Superannuation Corporation (CSC) is changing the structure of its administration fees across ADF Super, the Public Sector Superannuation accumulation plan (PSSap) and CSC retirement income (CSCri). From March 1, members across these divisions ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... a profound understanding of our clients and the industry landscape." Following APRA's recommendations, the superannuation industry has seen a substantial consolidation, with the number of funds dropping from 389 in 2010 to around 120 today. According ...

Zenith welcomes group head of product

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... as a senior product development manager. He also worked at Macquarie Group for six years in product management, superannuation, and adviser servicing roles. In his new role, based in Sydney, Warren will report to Zenith managing director Jason Huddy. ...

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... experiencing financial strain today, most Australians are confident there's better times ahead because of their superannuation savings. An Essential Research survey of 1151 people, commissioned by the Super Members Council (SMC) in November, found that ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... complaints about other financial products including banking and finance, insurance, investments and advice, and superannuation. "We need to see a downward trend in complaints overall, with financial firms working better to support their customers and ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... million. The CSLR said the amount includes a provision for most of the complaints made by former Dixon Advisory and Superannuation Services clients following its downfall, expected to amount to about $193 million. These complaints alone account for 85% ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... and finance, general insurance, life insurance, and investments and advice. The limits, however, do not apply to superannuation complaints. For income streams stemming from a life or general insurance policy, the compensation amount is maxed at $16,900 ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation monies into newly created self-managed superannuation funds (SMSFs) and to lend those funds to his two companies, Secure Investments ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
Prime Super has appointed Citi Securities Services as its new custodian after a seven-month search, breaking ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities ...