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Showing 261 - 270 of 943 results for "Superannuation Trustees"

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according to superannuation ...

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... in their nest egg, a new study that details the impact of the scheme shows. The Australian Institute of Superannuation Trustees (AIST) found nearly one million workers under the age of 35 have either closed their super accounts or have very little left. ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The Australian Institute of Superannuation Trustees says the new Your Future, Your Super laws should prioritise underperformance ahead of stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation ...

AIST appoints two new executives

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
The Australian Institute of Superannuation Trustees (AIST) has appointed a new general manager memberships and partnerships and a new general manager professional development to drive a bigger focus on membership engagement. The appointments also aim ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... week that ASIC deferred compulsory superannuation portfolio holdings disclosure until 31 December 2021. Superannuation trustees would have been required to publish their holdings from 31 December 2020 and no later than 90 days from the reporting date ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... majority have the default insurance offered by the fund," ASIC commissioner Danielle Press. "The decisions superannuation trustees make about default insurance arrangements are important because most fund members stay with the default." The report found ...

ASIC consults on consumer remediation

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... clarifications will include RG 256's application to all financial service licensees, credit licensees and superannuation trustees. ASIC has also today released a report called Making it right: How to run a consumer-centred remediation, which seeks to ...

Hannover reverses out of group insurance

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... to focus on reinsurance," he said. Hannover has two main businesses in Australia: working directly with superannuation trustees to provide group insurance to funds, and a reinsurance business.

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
... and workforce participation, the report states. But not everyone agrees. The Australian Institute for Superannuation Trustees said halting the increase to SG will see women, and low-income earners generally, suffer. "Low and many middle-income earners ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... served on a range of super fund boards for over 25 years. A past president of the Australian Institute of Superannuation Trustees (AIST), she is the former chair of HESTA, a role she held for eight years and in which she fostered a strong member focused ...