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Showing 311 - 320 of 10987 results for "Account"

MetLife scores group insurance mandate

ELIZA BAVIN  |  MONDAY, 1 DEC 2025
... 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 15 and 64 for TPD. Members must also have ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
... to $173,026. Additionally, ASIC accuses McWilliams of failing to disclose interests he held in two racehorses, a crypto account, and other bank accounts, and diverting $39,304 in racehorse prize money to an undisclosed account belonging to his son. He ...

Super funds continue to fail vulnerable members: UNSW

MATTHEW WAI  |  THURSDAY, 27 NOV 2025
Despite holding a pool of more than $4.3 trillion in retirement savings, cracks are appearing in the superannuation system around engagement and support for vulnerable members, experts said. UNSW Business School associate professor Katja Hanewald observed ...

Australian Ethical Super handed extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 27 NOV 2025
The prudential regulator has flagged concerns over the fund's investment management arrangements with its parent company and whether the fees involved are in members' best financial interests. APRA reviewed Australian Ethical Superannuation's related-party ...

Government cracks down on financial abuse via coerced directorships

RIDDHIMA TALWANI  |  THURSDAY, 27 NOV 2025
The government has opened consultation to combat financial abuse in families perpetrated through coerced directorships. The consultation paper by the Treasury noted that financial abusers can exploit loopholes in tax and corporate systems, weaponising ...

Reforms on super advertising, stapling enter parliament

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... the best performing product for them, while continuing to ensure that the number of Australians with more than one super account continues to reduce," Delahunty said. "While sensible guardrails around advertising are essential to prevent the proliferation ...

Superannuation assets jump to $4.5tn: APRA

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
Members' superannuation savings climbed 9.4% in the year to September to $4.5 trillion, new APRA data shows, spearheaded by the industry funds dominating the asset pool. Industry super funds' assets under management (AUM) grew by 13% annually ...

Super funds lagging RIC obligations: Pulse Check

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... many using them to support the provision of tailored retirement solutions. However, most funds only used member age and account balance as a starting point. Other factors that were considered by some licensees when defining cohorts included employment ...

Clime shutters two funds, offloads retail book

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
Clime Investment Management is shuttering two funds, one of which is under an ASIC investigation, and will offload its retail client book for $1.65 million to an undisclosed financial advice practice. At the annual general meeting last week, Clime chair ...

T. Rowe and Oak Hill launch flexible credit income fund

RIDDHIMA TALWANI  |  MONDAY, 24 NOV 2025
T. Rowe Price and Oak Hill Advisors (OHA) have launched the Flexible Credit Income Fund AUD (OFLEX AUD), specifically designed for wholesale investors. OFLEX AUD leverages OHA's best ideas, seeking to deliver income by lending primarily to large cap ...