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Showing 441 - 450 of 4957 results for "Practice"

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially thought. Yale University professor James Choi's first set of research into nudging was ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
The ASX is looking for a new chief risk officer following Hamish Treleaven announcing his intention to retire. Treleaven was appointed chief risk officer at the securities exchange in March 2017. Throughout his tenure, he was responsible for designing ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... "appearance of compliance", where frameworks and policies exist but it's mere lip service and not true regulatory compliance in practice, he said. Kaizen Recruitment director of legal, risk, and compliance Amanda Chisholm fears this may well be the case ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
... actuarial profession across Australia and internationally, contributing by serving on the Actuaries Institute Superannuation Practice Committee, as well as volunteering in the Institute's Mentor Program. Receiving the award, Swinhoe said she believes ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... especially if growth in the supply of housing falls short of the growth in the underlying demand for housing," he said. "In practice, the scheme proposed by the Liberal and National Parties would be of little benefit to people in the 'traditional' ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
ASIC's case against Rest, in which it alleged the super fund misled members about their ability to transfer superannuation out of the fund, has been thrown out by the Federal Court. The case focused on Rest's past practices around rollover requests ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... streams, all these legacy products have broadly equivalent commutation restrictions," the explanatory statement reads. "In practice, this means that the only way to voluntarily exit these products, prior to death or expiry of term, is conversion to another ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Despite the Federal Court greenlighting the AMP Buyer of Last Resort (BOLR) lawsuit settlement amount, there is still a long way to go before financial advisers can have peace of mind with the payout process to potentially draw out to mid-2025. This ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
HESTA is introducing several insurance fee changes with most members paying less from September 28. For most HESTA Super and HESTA Personal Super members, the super fund said insurance fees will reduce by at least 3.2% for unitised cover and 2.5% for ...

Mercer awarded mandate for North's APS CoreSeries

MATTHEW WAI  |  FRIDAY, 13 SEP 2024
Mercer will provide investment management for the APS CoreSeries Managed portfolios, which include Conservative, Balanced, and Growth options. Replacing Morgan Stanley Wealth Management, North said Mercer offers lower management fees of up to eight ...