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Showing 11 - 20 of 249 results for "Member Outcomes"

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... their retirement. Under the Retirement Income Covenant, trustees must undertake an analysis of members to assess member outcomes that could nudge them towards settings that better suit their circumstances. "These settings could include a range of features ...

ASFA appoints Mary Delahunty as chief executive

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... responsible for the fund's growth, policy formulation and investment practices, which all aimed to advance member outcomes. She also holds several board positions, including in regtech and education, and was a 2015 Churchill Fellow awarded for international ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... The multi-year project, still in its first consultation phase, intends to drive industry practices and improve member outcomes by significantly enhancing the comparability and consistency of reported data. "The project will make it easier to scrutinise ...

APRA moves to unmask super funds' spending secrets

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... is being spent and invested, while trustees would be further compelled to remain closely focused on improving member outcomes." APRA has invited trustees to provide feedback on its plans to publish total fund expenditure and expanded asset allocation ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... consideration several factors, including alignment with our own strong customer focus and the ability to enhance member outcomes," Bendigo and Adelaide Bank chief customer officer consumer banking Richard Fennell said. "As part of this process, the bank ...

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
APRA is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses. The regulator's changes seek to align expenditure ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... 2022, and Xplore Super and Pension joined in March. The transfers were part of Aracon's strategy to enhance member outcomes by moving to platforms with greater growth and distribution capabilities.

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... A partnership approach will mean dealing with investment chiefs, heads of strategy, retirement, asset safety, member outcomes and sustainability - distribution staff have to manage many stakeholders over long periods and need deep expertise across the ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... conduct reviews of RSE licensee practices in relation to SPS 530, with the objective of appropriate and equitable member outcomes and management of investment risk," APRA said.