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Showing 351 - 360 of 1106 results for "Membership"

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... are therefore most vulnerable." The average account balance among those members is about $2200, Elia said. "Half the membership of Hostplus account for less than 2% of funds under management. It's a lot of money but it's not a lot of money relative ...

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... questions recently raised by Senator Jane Hume into the risk implications of mergers between industry funds with similar membership cohorts are probably appropriate, though said KPMG doesn't take a particular view on the issue. Finally, KPMG highlights ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... those policies. "AMP Life regularly reviews group products, and pricing reflects the market environment, including membership and claims experience," a spokesperson for AMP Life said. "AMP Life has not increased prices in direct response to the impact ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
Senator Jane Hume has denounced mergers between super funds with similar membership bases, saying concentrated memberships can make funds weak and smaller funds should look to emulate the likes of AustralianSuper and Sunsuper. In an address to the AFR ...

FEW launches Livestream series

JAMIE WILLIAMSON  |  TUESDAY, 31 MAR 2020
... levels are high and the event series aims to provide communication and positivity, particularly for the 80% of its membership working from home. Streaming four days a week, each day will be dedicated to a different topic. Tuesdays will cover health and ...

Early super access impact double Treasury estimates

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... original figure "appears manageable", the impact would vary from fund to fund, noting the specifics of each fund's membership base will determine the extent of the hit they take. "Some industries have been hit very hard, particularly tourism, retail ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... assist those facing financial hardship as a result of COVID-19. Rainmaker analysis of APRA data shows 58% of Rest's membership are millennials. About 58% of Hostplus' membership also sit in the millennial pool, however most recent APRA data doesn't ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... as a prudential regulator is to look at member outcomes and what trustees are delivering holistically, across their membership base," she said. "We look at net returns, expenses, relative levels of fees. Again, I would say that Sunsuper is a relatively ...

Actuaries Institute appoints 2020 president

ALLY SELBY  |  MONDAY, 9 MAR 2020
... improvement in the gender diversity of the profession's leadership. My election as president reflects the diversity of our membership and its governing body," Bui said. "Three of the nine members of the Actuaries Institute Council are Asian born and ...

Queensland funds inch closer to merger

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... eye to the impact the merger would have on members. "Any merger will only proceed on the basis it will benefit the membership of Sunsuper, and this work is now being undertaken in detail. The potential capability of a merged fund to deliver scale benefits ...