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Showing 11 - 20 of 133 results for "MORE Super"

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
OnePath Custodians is entering a court enforceable undertaking with APRA and will pay close to $11 million, as it continues to identify super members whose contributions weren't directed to a MySuper option when they should have been. APRA has agreed ...

Super Members Council appoints inaugural chair

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
... super system is the envy of the world, and we are now beginning to see it bear fruit as more Australians retire with more super giving them financial flexibility and economic security,'' Sherry said. "It's a privilege to be given this opportunity ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
Following on from the news that it would now be home to Spaceship Super, OneSuper will further bolster its funds under management through the transfer of another sub-plan, home to several super products. Last week, Financial Standard reported on Diversa's ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... was lost and "significant deficiencies" were identified in the fund's compliance with CPS 234 - Information Security. More super funds are expected to submit CPS 234 self-assessments in the next six months as part of APRA's cybersecurity stocktake involving ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
Equity Trustees has bolstered its books further, taking over as trustee of two more retail super funds. Equity Trustees' superannuation trustee business has been appointed trustee of ClearView Retirement Plan, while also adding Guild Super to its lineup ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... be a force for good." In light of mounting regulatory requirements and stakeholder expectations, which are prompting more super funds to beef up their ESG commitments, Piper considers this an opportunity to cement the leadership status of Australian ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... entitled to. "We want to fix that, and payday super is part of the solution to that challenge," he said. "It will mean more super for more workers. We recognise that people need the time to get the systems in place, and we've allowed that. At the ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
APIR Systems has noted a significant rise in the registrations of new financial products, particularly of managed funds and managed accounts. According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...