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Showing 21 - 30 of 35 results for "Universal Super"

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... How NAB/MLC's fee for no service breach was discovered Tendering an MLC Nominees breach report to APRA for its Universal Super scheme, Hodge gave a look into how MLC says it found out it had been charging clients fee for no service for nearly seven years ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
The Australian Council of Trade Unions is calling on industry superannuation funds to review partnerships with the big banks in light of issues exposed at the financial services Royal Commission. In a letter to industry fund chief executives, ACTU secretary ...

FSC takes aim at complacency in super

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
... by rapidly advancing technologies, "the superannuation industry in Australia looks much the same as it did when universal super was legislated 25 years ago." The premise of the report, as explained by TTS chief executive Douglass Bucknell, is that "it's ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
... in super. This includes MLC Insurance Super, Life Cover Super and Protectionfirst Super, transferred from The Universal Super Scheme to a new super fund called the MLC Super Fund, the report said. Product group performance contributed $688 million in ...

SMSF rollovers hit $8 billion

DARREN SNYDER  |  MONDAY, 8 MAY 2017
... Macquarie Superannuation Plan, Colonial First State FirstChoice Super Trust, AMP Superannuation Savings Trust, MLC's Universal Super Scheme and Plum Superannuation Fund, ANZ's OnePath Masterfund and the Mercer Super Trust. Rainmaker notes the outflow ...

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
... They would also add to a series of enacted and proposed changes that represent the most significant shake up of universal super since 1992," Whiteley said. "Incredibly, these proposed laws water down governance requirements for the banks, despite customers ...

AMG Universal Super rebrands

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
Superannuation investment platform AMG Universal Super has announced it will rebrand, becoming simply 'AMG Super'. The rebrand, which will come into effect on 1 June 2014, includes a new logo and website. AMG Super general manager Alan Hegerty said ...

MySuper authorisations hit 99

ALEX DUNNIN  |  TUESDAY, 3 DEC 2013
... Tinto are the two latest MySuper authorisations, taking to 99 the total number of MySuper authorised funds. AMG Universal Super, which operates workplace, personal and retirement products, has its MySuper authorised through Trust Company Limited which ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
Bill Shorten, minister for Superannuation and Financial Services, has used a speech to a Financial Services Council (FSC) dinner at Parliament House in Canberra to assertively defend the government's reform record on superannuation. Shorten listed a ...

NZ Super Fund inks US$275m UK mandate deal

ALICE URIBE  |  FRIDAY, 31 MAY 2013
The New Zealand Superannuation Fund (NZ Super Fund) has made its second investment in natural catastrophe reinsurance, appointing London-based Leadenhall Capital Partners to manage a US$275 million mandate. The new mandate is focused on natural catastrophe ...