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Showing 341 - 350 of 1106 results for "Membership"

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... hospitality and retail would fare, APRA's fund-level data on the super early release scheme showed funds with very diverse membership bases also had significant volumes of early release applications. Australia's largest fund, AustralianSuper, had paid ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
The oversight body of the Superannuation Transaction Network is calling on super funds to work together to thwart the threat of cybercrime. Addressing the Association of Super Funds of Australia, GNGB executive officer Michelle Bower has urged the super ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... Edwards said. Pointing to the likes of "deep-green" ethical funds such as Future Super, Edwards said smaller funds with membership bases which value their fund's uniqueness can thrive despite the evidence showing larger funds are increasingly delivering ...

QSuper not to appeal AFCA win

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... matter. The fund yesterday said it had decided not to appeal to High Court after considering the best interests of its membership. However, it said it is concerned of extra obligations for superannuation trustees arising from the case. "QSuper is concerned ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... least $784 million to 108,000 members as at last Friday. "With 1.4 million members and a relatively young and diverse membership base employed right across the economy, we anticipated there would be many who would take advantage of the early access provisions," ...

Superannuation fund cuts pay in C-suite

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... in an unprecedented environment where more than a million Australian jobs are under threat," Smith said. "Our core membership comes from the local government sector, and we recognise that this is a sector that is expected to be hard hit as ratepayers ...

ASIC winds up three financial services companies

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... cancelled by ASIC in July last year after an initial suspension period. The regulator said the firm has failed to obtain membership of AFCA and had breached its financial reporting and audit obligations. Financial Standard could not obtain any further ...

Super should shape up on unlisted valuations: WTW

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... frequently; as significant value swings are likely to occur while there are large numbers of transactions across their membership accounts."

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... ensure that they have appropriate liquidity to deal with market volatility and other demands on the fund driven by membership changes or payments," Frydenberg said. "Due to government reforms, APRA has a number of tools at its disposal to deal with superannuation ...

Bravura secures new mandate

ELIZA BAVIN  |  MONDAY, 6 APR 2020
... business-critical project. Garradin will help us to optimise our business processes, so we can better service and grow our membership and reduce operating costs." Jon Alder, head of operations at Bravura Solutions said they were pleased to deliver the ...