Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 451 - 460 of 778 results for "Super members"

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

Sunsuper, QSuper confirm merger talks

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
The two industry funds are in talks over a possible merger, one which would see the creation of Australia's largest superannuation fund. Queensland-based industry superannuation funds Sunsuper and QSuper have confirmed they are locked in discussions ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... of the Corporations Act, the regulator alleges. The two firms also failed to disclose that MLC Masterkey Personal Super members had a right to turn off the Plan Service Fee and broke the law by issuing defective disclosure documents, ASIC said. While ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... much as 60% from next week for members of a state-based industry superannuation fund. Insurance premiums paid by WA Super members will increase substantially from November 4 following a review by TAL, with the fund attributing the rise to increased claims ...

Superannuation gets a classroom

ELIZABETH MCARTHUR  |  TUESDAY, 22 OCT 2019
... Australians, members and the general public. The main motivator behind the Super Hub is that not only Statewide Super members, but all South Australians, have the opportunity to access factual and educational information and if appropriate, seek advice ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... members of the FirstChoice Super fund. Slater and Gordon said CFS had the power to transfer existing FirstChoice Super members into identical products with lower fees and where commissions were not paid. "Rather than use this power for the benefit of ...

AustralianSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2019
The $170 billion superannuation fund has appointed its new chair, succeeding Heather Ridout. The board of AustralianSuper has appointed Don Russell as independent chair of the fund. He will replace Heather Ridout who has held the role since 2013 and ...

Industry funds confirm merger

HARRISON WORLEY  |  MONDAY, 23 SEP 2019
... will guarantee high-quality superannuation for members of both funds. "We embrace this opportunity to welcome Club Super members, employers and key staff into the Hostplus family," Elia said. Describing it as a proud moment for both of organisations ...

Intrust Super revamps robo-advice

KRISTI CHENG  |  FRIDAY, 20 SEP 2019
... advice, directing members on their path towards financial security all free of charge," O'Farrell said. Intrust Super members currently have the option to receive financial advice face to face, over the phone or online. The robo-advice service continues ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...