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Showing 21 - 30 of 940 results for "Superannuation Trustees"

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN | TUESDAY, 14 OCT 2025

ASIC has slammed superannuation trustees for poor retirement communications practices, finding that many funds are missing opportunities to engage with members throughout retirement and provide more meaningful support. ASIC's review, Report 818 From ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI | MONDAY, 13 OCT 2025

... targeted consultation will be held in early 2026, engaging consumer representatives, mental health advocates, superannuation trustees, financial advisers, and medical professionals, CALI said. CALI may also look at contemporary medical evidence and return-to-work ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN | FRIDAY, 10 OCT 2025

... guidance for consumers with complaints against financial firms, particularly those in liquidation, and superannuation trustees."

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON | TUESDAY, 30 SEP 2025

... often not separately disclosed because RSEs are taking "a narrow, quantitative approach to materiality". "Superannuation trustees should carefully consider whether sponsorship and advertising expenses may be qualitatively material to members, even when ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON | MONDAY, 29 SEP 2025

... "ASIC seeks to enhance public confidence in the superannuation industry by encouraging Rest and other superannuation trustees to maintain adequate systems to prevent administrative errors that erode superannuation balances and to act quickly when they ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI | FRIDAY, 26 SEP 2025

... looking into failure at every step of the value chain, including lead generators, financial advisers, superannuation trustees, auditors, managed investment schemes and research houses. This, despite the government opting to drop its planned inquiry into ...

APRA to hunt for new deputy chair

ELIZA BAVIN | FRIDAY, 19 SEP 2025

... work that everyone at APRA does to deliver on our important mandate, particularly in her role ensuring superannuation trustees are acting in the best financial interests of their fund members." Lonsdale commended Cole for her role in overseeing the implementation ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA | MONDAY, 15 SEP 2025

... single points of failure within entity systems, processes and dependencies. Its efforts will first target superannuation trustees, insurers and smaller banks. "We are on record with the super system that there are some things to improve, like multi-factor ...

AMP settles class action for $120m

ELIZA BAVIN | MONDAY, 15 SEP 2025

... Blackburn Lawyers and Slater and Gordon were jointly leading the class action. The firms alleged that AMP's superannuation trustees failed in their duties to ensure fees were set and maintained at a level consistent with members' best interests in the ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA | FRIDAY, 5 SEP 2025

... safeguards must be fully utilised." InterPrac is in the process of issuing ORFR activation requests to superannuation trustees which placed the Shield and First Guardian investment suites on their platforms. "We request that the superannuation trustees ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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