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Showing 1 - 10 of 1254 results for %22REI Super%22

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... he said. The measure is expected to benefit 180,000 families annually. While available to all new parents, the payment of super on PPL will overwhelmingly benefit women, who currently account for about 95% of those accessing the scheme. It equates to ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... has made changes to its ClearChoice product series, including the launch of trauma options, and is closing its ClearChoice Super Rollover product. The first trauma option, Trauma Extras covers customers for less severe events such as fractures and total ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... to be done by the reviewed funds some 12 months on. Yesterday, ASIC released a report highlighting the failure of several super funds to adequately monitor and question fee deductions from member accounts being made by financial advisers and licensees. ...

REI Super updates Conservative option

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus". The change will take effective from June 30, the super fund said, noting that from a risk and return perspective the option is similar to the Bonds ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

ESSSuper faces class action threat over unpaid super

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Emergency and State Services Super (ESSSuper) is facing a class action from Gordon Legal and the Rail Tram and Bus Union (RTBU) over allegations of more than $40 million in unpaid superannuation. The $36 billion super fund has been accused of failing ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
Fifteen self-managed super fund (SMSF) auditors have been reprimanded for performing in-house audits. The Australian Taxation Office (ATO) referred 15 SMSF auditors to ASIC following a review of files from audit firms. ASIC said it had concerns that ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Mellon and Deloitte. The role was previously held by Gerard Brown, who was appointed in July 2019, and finished up at the super fund in 2023. HESTA chief executive Debby Blakey said: "Sophie's extensive experience in investment operations will undoubtedly ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% superannuation contributions will be made by the government alongside parental leave ...
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