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Showing 271 - 280 of 959 results for "Superannuation Trustees"

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... most investment horizons, we also note the increasing focus from financial regulators on the need for superannuation trustees to consider systemic risks of climate change," the submission reads. "It would be helpful for the scope of the duty to be clarified ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... relate to Your Future, Your Super reforms currently before the parliament. The bill includes a proposal for superannuation trustees to be subjected to "best financial interest", which funds have almost unanimously rejected. "I don't believe that change ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
ASIC has released the findings of its review of how superannuation trustees supported members during COVID-19 with overall positive feedback. The corporate regulator said it took several actions to check on the support provided by superannuation trustees ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... a credible claim," an FSC spokesperson said. "The Your Future, Your Super reforms apply equally to all superannuation trustees regardless of corporate structure, and this is an appropriate approach." The FSC said that while it holds its own concerns ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... improving the living standards of retirees is a key priority. Despite minor challenges, Frydenberg put superannuation trustees on notice, saying there should be no excuse in not providing a strategy or product that leads to better outcomes for members ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... tool; and the best financial interest duty. Under the new stapling rules, the Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck warned that consumers are at risk of being stuck in dud funds. "If stapling occurs before underperformance ...

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 ...