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Showing 281 - 290 of 4774 results for "Super funds"

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... consequence of super fund's fees being slashed to the bone. It's been mooted that years of policy-driven fee cuts have left super funds so squeezed that they simply can't afford to spend on upgrading service standards. SCA research, however, shows the ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there is no evidence that any financial losses have occurred for Cbus members," the fund ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
... target, and that any perceived vulnerability could trigger a surge in attacks. In light of the breaches, Droguett urged super funds to invest in dark web and credential exposure monitoring, arguing that the industry must move beyond perimeter defences ...

RBA flags 'policy changes' could derail super

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
... a threat to the country's financial stability. In the RBA's April Financial Stability Review, the bank said while super funds are mostly still benefitting from a steady net inflow of liquidity from members, their significant participation in key financial ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
... Pearce and HESTA chief investment officer Sonya Sawtell-Rickson at a panel to discuss the investment framework among super funds. Looking at its members' behaviour, Doyle said they are now more conscious about investing sustainably. As a matter of ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... understands Aware Super, UniSuper, and Colonial First State have also not been affected. The Association of Australian Super Funds (ASFA) said retirement savers should be assured super funds and their service providers already have rigorous cyber protections ...

Super fund growth: The winners and losers

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... segments, in many cases, thanks to strong flows. Vanguard, Mason Stevens, Dash, and AMG were among the fastest growing super funds in terms of asset growth rate, with most of their growth attributed to flows, albeit from smaller asset bases. HUB24 and ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... link there. I've got no desire to re-regulate more than we have at the moment. It's a big subject," he said. Super funds, which have shown growing demand for private assets, are facing pronounced concentration risks given that they already dominate ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
... Singh said. "What we are seeing here at AFCA is that conflicted advice models and inappropriate use of self-managed super funds (SMSFs) are the most prevalent issues behind complaints that then lead to CSLR claims." Singh said one in five of the complaints ...

Insurance in super remains a mystery to millions of Australians

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... threshold. SCA's view is that the point at which people are being defaulted into insurance is precisely the time when "super funds should do more" to engage them in making decisions about their coverage. "It's clearly in members' best financial interests ...