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Showing 311 - 320 of 959 results for "Superannuation Trustees"

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal Court about an AFCA decision asking the fund to refund ...

Super funds release $1.3bn

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... members in the first week of the scheme. Under APRA's Early Release Initiative (ERI) data collection, superannuation trustees were asked to submit data on a weekly basis covering the number and value of early release benefits paid to members and the ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... crisis, namely the early release of super. As part of this, ASIC issued a temporary no-action position for superannuation trustees to expand the scope of personal advice that can be provided under intra-fund advice. The other key measure sees the requirement ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... financial institutions with respect to credit and retail lending, financial advice, fees for no service, superannuation trustees, insurance, unfair contract terms, and other licensee obligations.

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... genuinely, promptly, fairly and consistently. Additionally, as recognised in ASIC and APRA's recent letter to superannuation trustees, ASIC said there will be a range of insurance related issues that arise due to the effects of COVID-19 on superannuation ...

IOOF, CountPlus, Iress want better path to fee consent

ELIZABETH MCARTHUR  |  FRIDAY, 24 APR 2020
... legislation, which is part of the government's Royal Commission reforms, requires platform operators and superannuation trustees to be satisfied that consent for ongoing service has been given to the adviser before deducting advice fees via a platform. ...

Adequacy argument headlines online CMSF

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... Having been called off like many other events thanks to the COVID-19 pandemic, the Australian Institute of Superannuation Trustees' major super funds conference is alive again, with sessions running online. The AIST is hoping to have more than 24 hours' ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... government expects such a situation should not arise in the first place. "The government expects that superannuation trustees have managed their legal obligations responsibly over the years to ensure that they have appropriate liquidity to deal with ...

Super funds probed on liquidity, rental assistance measures

KANIKA SOOD  |  MONDAY, 6 APR 2020
... Submissions are due April 29. Wilson previously suggested the possibility of another round of hearings for superannuation trustees and APRA, saying the committee had been misled on liquidity issues, but a date has not been set.

Super fund transfer delayed amid COVID-19

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... The transition was set for 2019. However, AMP has decided to temporarily delay the transfer. "AMP's superannuation trustees have the obligation and fiduciary responsibility to ensure the interests of all superannuation members are protected, including ...