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Showing 11 - 20 of 706 results for "Automatic"

Life insurer sanctioned for invalid access to customer information

MATTHEW WAI  |  TUESDAY, 3 MAR 2026
The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer for collecting customers' medical information without valid medical authority for four years. According to the committee, the unnamed insurer collected medical information ...

Superhero Super shutters lifestage options

MATTHEW WAI  |  WEDNESDAY, 28 JAN 2026
... been reduced among all options. However, any switch, withdrawal or transfer will incur buy/sell spreads except for the automatic switch on February 13, the super fund confirmed. "The investment strategy, asset allocation ranges, and risk profile of the ...

'Gross breach of trust': Former adviser sentenced to six years imprisonment

RIDDHIMA TALWANI  |  FRIDAY, 23 JAN 2026
Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ...

AMP delivers 11% for members in 2025

RIDDHIMA TALWANI  |  THURSDAY, 8 JAN 2026
AMP delivered a return of about 11% for its MySuper members in 2025. AMP MySuper Lifestages provides a single investment option tailored for different age groups, matching the decade the member was born in. Members invested in AMP's MySuper 1970s, 1980s ...

MetLife scores group insurance mandate

ELIZA BAVIN  |  MONDAY, 1 DEC 2025
... Disablement (TPD), as well as the option to apply for voluntary cover. Effective 6 February 2026, members will be eligible for automatic cover if they have an account balance of $6000 or more or are aged between 15 and 69 for death cover, or between ...

AI to maximise returns for super members: Report

ANGELIQUE MINAS  |  FRIDAY, 28 NOV 2025
... members from receiving maximised returns. TAI co-founder Roger Urwin supported the report's findings calling out the automatic investment shifts in lifecycle investment options, saying they may be overly cautious during early career stages when riskier ...

Betashares expands platform offering with JPMAM partnership

RIDDHIMA TALWANI  |  MONDAY, 17 NOV 2025
Betashares has collaborated with J.P. Morgan Asset Management (JPMAM) to expand the offerings available on its Direct investment platform. This expands the platform's offerings beyond just Betashares' managed portfolios to include strategies from third-party ...

HESTA, Vision Super divest Israeli securities

KARREN VERGARA  |  FRIDAY, 7 NOV 2025
As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ...

Treasury seeks feedback on foreign investment reforms

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... Australia's national interest and national security are protected. Treasury has asked stakeholders to provide feedback on an automatic approval pathway so that certain low-risk investments would require notification but not approval before proceeding. ...

Retirees could be out up to $136k: SMC

ANGELIQUE MINAS  |  THURSDAY, 30 OCT 2025
A report by the Super Members Council (SMC) suggests the complex retirement system in Australia could be costing retirees up to $136,000. The modelling underscores the long-awaited need for financial advice reforms, and simpler, smarter pathways to ...