Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 1204 results for "Switch"

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... compare their fund with others, which is particularly relevant if they have received advice from unscrupulous providers to switch from a MySuper product to a high fee, underperforming Choice product." She added that more needs to be done to ensure members ...

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... There will be no change to the fund's objectives, investment strategy or fees, however the custodian and administrator will switch to Apex Group. Meanwhile, the abrdn Australian Small Companies Fund will become the SGH Australian Small Companies Fund ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ...

Cbus chief executive steps down

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
Justin Arter is stepping down as chief executive of the $73 billion industry fund in May. Cbus said Arter is retiring from the fund following mergers with Media Super and EISS Super, with the fund now switching its attention to organic growth and member ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
Andrew Lill, the chief investment officer of $70 billion super fund Rest, says the role of a CIO is changing and not just because investment heads have to respond quickly to more volatile markets. Increasingly, investment chiefs must consider a range ...

New head of private debt at QIC

ELIZABETH FRY  |  FRIDAY, 24 FEB 2023
... industry relationships," she said. "I look forward to him joining the leadership team later this year." Jones' decision to switch roles followed the successful build-out of QIC's private debt strategy and team, which he has led for almost two ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... National Advice Solutions was convicted in a Queensland court for cold-calling consumers and trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... Under these proposals Australians will continue to miss out on the quality independent advice which would tell them to switch to a better fund." He also slammed the recommendation that super trustees be free to decide how they charge for the advice. ...

Brighter Super revamps board structure

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... demands on the fund, including in strictly regulated areas. This culminated in ETU leaders openly advocating that members switch to another fund. This conduct raised concerns regarding members' interests," Smith said. Union representation is maintained ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
KPMG has identified 10 themes that will shape super fund discussions and decisions, including macro-economic forces directly impacting the industry. KPMG listed market volatility, higher inflation and interest rates as the top issue for super funds. ...