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Showing 321 - 330 of 944 results for "Superannuation Trustees"

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... poorer light than warranted, while other products appear ok when they're not." Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said that while the institute welcomed the introduction of the heat map, consumers need ...

Sargon opens door to trustee tech

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... announced its full-stack trustee technology will launch as a Software as a Service (SaaS) offering for superannuation trustees in Australia and New Zealand. The financial technology and infrastructure company said its Sargon Trustee Cloud software has ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
The Australian Institute of Superannuation Trustees has written to FASEA chief executive Stephen Glenfield seeking clarification on how key points of the Code of Ethics will apply to intra-fund advice. Responding to the guidance on the code, AIST chief ...

Vale David Smith

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
HESTA director and former Australian Institute of Superannuation Trustees president David Smith is being remembered as an inspirational leader. Smith, who was also general secretary of the Australian Services Union, passed away suddenly on November ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... has not been subject to the same level of data collection as MySuper products. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the move would finally allow members with choice superannuation products to understand ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... filing a statement of agreed facts and admissions. ASIC alleges NULIS and MLC (as the current and former superannuation trustees of NAB) misled members of MLC MasterKey Super products. The statement of agreed facts sets out the facts the parties agree ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
The Australian Securities and Investment Commission has warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. ...

Extension for super fund portfolio disclosures

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
The Australian Securities and Investment Commission has extended the deadline for superannuation trustees to disclose their portfolio holdings. ASIC said it amended the order to provide "legal certainty" about the first reporting day, given that the ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Lytas also thinks that DLAs could find use in developing comprehensive income retirement products (CIPRs). Superannuation trustees are required to have a retirement income strategy in place from 1 July 2020 but are not required to offer CIPRs until 1 ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... Rowell said the judgment nevertheless raised some issues of wider importance for APRA in its supervision of superannuation trustees. "APRA is considering any further action that may need to be taken in relation to these, such as revising its prudential ...