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Showing 21 - 30 of 87 results for "APRA fund"

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
Equity Trustees has announced it will acquire Insignia Financial's Australian Executor Trustees (AET) for $135 million. Following last week's market speculation, a statement said the acquisition will deliver significant growth for EQT, adding ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
A new report from the Self-Managed Superannuation Fund Association (SMSFA) and the University of Adelaide has found the Australian Taxation Office is increasingly underestimating the performance of SMSFs. The SMSFA and the University of Adelaide's International ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... said. Kitto added that Stake has also seen issues with the SMSF Verification Service (SVS), including cases where one APRA fund verified the SMSF and member via the SVS and then another claimed the SMSF, and member failed verification. This inconsistency ...

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Self-managed super funds have the edge over their APRA-regulated counterparts, according to insights from Rice Warner. Rice Warner said SMSFs cater well for retirees as their structures are more sensible and allow retirees to manage their finances properly. ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... establishing an SMSF and this mirrors what we saw in the GFC," she said. "People were maybe not so happy with their APRA fund and wanted to take control of their super themselves." Fleming added that early indications are pointing to a 6% rise in March ...

Government loves SMSFs: Hume

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
The Assistant Minister for Superannuation, Financial Services and Financial Technology has delivered a gushing address to the SMSF Association conference - promising the government is supportive of the SMSF sector. Addressing delegates, Senator Jane ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... That said; analysis of super funds' operating expenses shows scale doesn't always necessarily equal efficiency. APRA fund-level data shows AustralianSuper's operating expense ratio (OER) is not dissimilar to that of several other - some far ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... Decimal later than month. Its ambitions continued into the next year, when Sargon announced it would launch a small APRA fund, a trustee tech solution, and a suite of fund administration services (which was due to launch early 2020). However, on the ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
The prudential regulator has finally published its long-awaited heat map for MySuper products, with deputy chair Helen Rowell saying it's likely many in the industry will feel uncomfortable. APRA released the first iteration of its MySuper heat ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... paper. How super balances interact with the Age Pension assets test is important for retirees as the average, large APRA fund member in retirement phase is not eligible for the full Age Pension, Challenger said. "Single retirees with balances over $160,000 ...