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Showing 3951 - 3960 of 18115 results for "superannuation"

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
An $11.5 billion superannuation fund's chief executive will exit to lead a fintech, which is in the process of merging with the former Sargon Capital, now Certane Group. Mine Super chief Harry Mitchell will step down after nearly five years at the ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
ASIC has released the findings of its review of how superannuation trustees supported members during COVID-19 with overall positive feedback. The corporate regulator said it took several actions to check on the support provided by superannuation trustees ...

APRA outlines indemnity measures

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
... Margaret Cole as a new member, taking on primary responsibility for overseeing APRA's activities in relation to superannuation. APRA deputy chair Helen Rowell, who has led enforcement of the super sector for over seven years, will take over primary ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... investors have been in touch with Financial Standard. One 70-year-old noteholder, identified as Allen, lost $900,000 of superannuation invested with Mayfair. This money was to fund him and his wife in retirement. He is now being supported by family and ...

Not-so-Zuper: Super disruptor folds

JAMIE WILLIAMSON  |  MONDAY, 22 MAR 2021
Having failed to reach sufficient scale, the millennial superannuation fund will close its doors next month. Closed to new members as of March 10, existing Zuper members have now received word that the offering will cease to exist from April 30 - just ...

Bennelong hires for new role

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... commitment to put our clients at the heart of everything we do." Haqqani added: "Following a number of years focusing on superannuation members and their retirement income needs, I am now broadening my scope to all types of financial services clients." ...

HESTA appoints board director

KANIKA SOOD  |  MONDAY, 22 MAR 2021
The industry superannuation fund has added a new director to its board, as former Ramsay Health Care chief executive Daniel Sims retires. Alan Morrison was appointed to HESTA's trustee board of directors this month. He will also sit on the audit and ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... LGIA said an increase in claims has forced fees to increase. "Due to recent government changes to insurance in superannuation and an increasing number of insurance claims, we need to make sure that the insurance premiums charged to members are sustainable ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... claims, labelling them incorrect and not credible. "The allegation that $10 billion was "taken as profit" by retail superannuation funds last year not is not based in fact or a credible claim," an FSC spokesperson said. "The Your Future, Your Super reforms ...

Industry fund appoints property mandate

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
The investment manager of $59 billion industry fund Cbus has appointed Multiplex to construct a $300 million commercial property development in Adelaide. Cbus Property partnered with the South Australian government to develop a building at 83 Pirie ...