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| | | ... instrumental in shaping the fund's governance culture. "We give our heartfelt thanks to Ian for his unwavering dedication, member focus and the genuine care he has shown throughout his time at Aware Super," Stewart said. "Ian's leadership has ... |
| | | | The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ... |
| | | | The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve. Recent roundtables hosted by APRA and ASIC heard the importance ... |
| | | | AustralianSuper has appointed a head of treasury, Europe, which it said will bolster its capability in managing liquidity and delivering value for members. Barbara Ginet will take on the role, joining from Citi where she was most recently managing director ... |
| | | | ... digitally enabled, many still depend on paper forms, email attachments and manual processes. In some cases, rework rates on member requests can reach 70% resulting in delays and repeated interactions. Kennedy said Bravura's technology has been built ... |
| | | | ... different retirement solutions being proposed could actually work out in practice." Laughlin served as deputy chair and a member of APRA between 2010 and 2015. Bhana's background spans insurance, banking and superannuation, while Helenius, a veteran ... |
| | | | Australia's major accounting bodies have urged Treasury to reconsider proposals that would shift Compensation Scheme of Last Resort (CSLR) funding costs onto self-managed superannuation funds (SMSFs), warning the move would unfairly penalise investors ... |
| | | | New research indicates that although around 90% of retirees selecting pension accounts or lifetime income streams were satisfied with their decision, less than two in five (38%) pre-retirees understood how those products work. The second edition of ... |
| | | | ... some trustees not only continue to refuse to take any ownership of death benefit claims practices but also their overall member service delivery. "Holding superannuation trustees to account for member service failures continues to be one of our enforcement ... |
| | | | Dexus said key executives have been stood down while the board and management consider the NSW Supreme Court judgement for it to sell its stake in Melbourne and Launceston airports. Dexus will also pay for the legal costs of any appeal for its institutional ... |
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