Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3431 - 3440 of 18115 results for "superannuation"

Digital advice firm hires for institutional strategy

ANNABELLE DICKSON  |  WEDNESDAY, 13 OCT 2021
... helping the firm bring its expertise to the institutional market. "To complete their core mission for members, superannuation and pension funds need to complement quality products and investment outcomes with advice and assistance that is low cost, robust ...

AustralianSuper adds ACTU president to board

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
... former deputy chair. Michele O'Neil has been appointed as a director on the board of the nation's largest superannuation fund. O'Neil has served as president of the ACTU since 2018 and is also a member of its executive team. Prior to this ...

FSC advice reforms slash time, costs by 30%

KARREN VERGARA  |  TUESDAY, 12 OCT 2021
... Interests Duty, and the Letter of Advice to replace the Statement of Advice and Record of Advice. KPMG director of superannuation advisory, actuarial and financial risk Cecilia Storniolo said: "Anecdotally, we've been hearing for about two years ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... the last few years," he said. The failing funds were AMG MySuper, ASGARD Employee MySuper, Australian Catholic Superannuation and Retirement Fund's LifeTime One, AvSuper Growth, BOC MySuper, Christian Super's My Ethical Super, Colonial First ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... definitions in default group life insurance for those who are in high-risk occupations. The standard will apply to FSC superannuation and life insurance members for all default cover for life insurance, total and permanent disability and income protection ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... contraventions of the law but did not take adequate action and continued to allow him to put clients into Diversa's superannuation product. This allegedly saw Diversa continuing to allow the payment of fees from the super fund to Bhandari. Diversa was ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a ...

Lifecycle now MySuper mainstream: Rainmaker

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up. This is one of Rainmaker Information's latest ...

Super funds extend poor disclosure to ESG holdings

KARREN VERGARA  |  MONDAY, 11 OCT 2021
Superannuation funds are extending their opaque disclosure practices to their environment, social and governance commitments. The recent Financial Standard Best Practice Forum on ESG heard that only a small subset of super funds are walking the talk ...

OnePath tops Fat Cat super fund list

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
OnePath has toppled AMP to become the worst-performing superannuation fund based on Stockspot's annual ranking. In analysing some 600 multi-asset investment options offered by 100 super funds, OnePath took the gold prize as the overall worst performer ...