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Showing 341 - 350 of 959 results for "Superannuation Trustees"

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 ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... report to the government on the risks of modern in supply chains and operations. "The supply chains of superannuation trustees often involve outsourcing of activities from investment management, administration, custody, member benefit insurance, and ...

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... crisis in women's retirement happening all around us," Wood said. Weighing in, Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the review required a gender lens in order to ensure policy decisions were based around ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... consumer choices, usually above the impact of the actual information provided. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the report reinforces what the super industry has known for a long time. "Most consumers ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... regulator believes the pain is necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees Chairs Forum on Monday, APRA deputy chair Helen Rowell reminded the super sector that while change brings challenges ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
QMV is kicking off a new legal business aimed at future needs of superannuation trustees and has picked a former UniSuper lead as its managing partner. The consultancy firm currently works with about 25 superannuation clients. Recent work has been focused ...