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Showing 2621 - 2630 of 18113 results for "superannuation"

Australians neglecting their retirement: Super fund

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... shortage of places to stash your cash, but one super fund says the modern-day investor has lost sight of their superannuation. While more Aussies are engaged with investing, they are neglecting the most important asset of all, Equip Super says. "An increased ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... Financial Services Council (FSC) has released an enforceable standard for handling group life insurance claims in superannuation. The FSC's new standard replaces existing voluntary guidance and sets a minimum level of service that consumers can expect ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
AvSuper confirmed its potential merger with Commonwealth Super Corporation is progressing, while also significantly reducing administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer of superannuation product Cruelty Free Super. Cruelty Free Super is ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
HESTA is committing a further US$200 million to the HESTA Sustainable Capital Investment Trust, a private equity program managed with Stafford Capital Partners. HESTA's additional US$200 million investment increases the total size of the program to ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... December 2022, the AAT found that Sherwal failed to act in his client's best interests in advising them to place new superannuation funded insurance as part of their participation in a cash rebate procedure. It also found that Sherwal failed to prioritise ...

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... am excited to see her bring her passion for supporting migrant workers and culturally diverse communities to the superannuation sector." "She has a keen interest in governance through her work at the AMWU, her experience from service on government and ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... past five years, non-managed account platforms have grown only 1% per annum. "Managed accounts are the main non-superannuation wrap investment vehicle, their growth means they have subsumed this sector, now being 85% of it. They are also the only segment ...

SS&C launches super offering, secures Mine Super mandate

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
SS&C Technologies has secured Mine Super as its first client to deliver superannuation administration services in Australia. SS&C hopes the new agreement with Mine Super will establish a foundation for its new super administration business in APAC. ...

NZ sovereign wealth fund, Northern Trust extend relationship

CHLOE WALKER  |  TUESDAY, 20 DEC 2022
New Zealand Superannuation Fund (NZ Super Fund) has extended its longstanding asset servicing and custody relationship with Northern Trust, following a review process earlier this year. Northern Trust will continue to provide the $58.7 billion super ...