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Showing 11 - 20 of 917 results for "Administrator"

SMEs prepare for Payday Super cashflow crunch

RIDDHIMA TALWANI  |  FRIDAY, 9 JAN 2026
The Payday Super reforms, effective from July, will hit cashflows of small and medium enterprises (SMEs) as they scramble to pay superannuation to employees sooner. Earlypay chief executive James Beeson has urged SMEs to begin preparing for the Payday ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change. Earlier this year, HESTA switched administration providers, transitioning from MUFG to GROW Inc. The process ...

1659 First Guardian, Shield complaints reach AFCA

KARREN VERGARA  |  MONDAY, 8 DEC 2025
The number of Shield Master Fund and First Guardian Master Fund-related complaints lodged with the Australian Financial Complaints Authority (AFCA) has grown to 1659. AFCA said the latest figure represents the total as at December 3. AFCA did not provide ...

Rest launches clearing house solution

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
... default employers. Rest said it is in the process of rolling out the platform to employers who currently use its administrator's existing clearing house. From early next year, Rest said it will extend access to more than 300,000 other employers who pay ...

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
ASIC is taking legal action against MWL Financial Services, its former director Nicholas Maikousis, and lead generator Imperial Capital Group Australia over alleged Shield advice failures. ASIC alleges that MWL operated a business model that provided ...

Industry bodies offer Payday Super resources

KARREN VERGARA  |  TUESDAY, 11 NOV 2025
Two industry bodies have launched resources to help superannuation funds comply with the looming Payday Super legislation, as the Australian Taxation Office (ATO) warns employers to be ready by 1 July 2026. The Association of Superannuation Funds of ...

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... 90 days. Cbus apologised to affected members at the time. Following the action being filed by ASIC, Cbus and its administrator MUFG Retirement Solutions settled a dispute arising from the unacceptable delays in processing of claims and MUFG apologised ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... the younger generation, attempting to disrupt the chokehold of big incumbents. Before pivoting to be a super fund administrator underpinned by distributed ledger technology (DLT), one of the biggest challenges across the entire ecosystem the organisation ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... insurance claims taking more than 90 days to be processed. At the time, much of the blame was levelled at Cbus' administrator, MUFG Retirement Solutions. While it denied being at fault, it has since reached an undisclosed settlement with Cbus in ...

Super risks continue as advice gets all clear

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... breached, members can experience lost earnings, cashflow disruption, or unnecessary stress," the report said. "Weak administrator controls, limited oversight, and unclear escalation pathways are common root causes. While most funds process transactions ...