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Showing 471 - 480 of 11067 results for "Members"

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... settlement relating to "unacceptable delays" in the processing and payment of death benefit and insurance claims made by Cbus members and claimants. MUFG said it "sincerely apologises to Cbus and its members, their families and claimants". In the joint ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... of Macquarie Investment Management as trustee of the Macquarie Superannuation Plan to close the funds to investment by members. So far, Macquarie has publicly stated around 60 investment options will be removed. However, reporting by the AFR suggests ...

Super complaints decline year-on-year: AFCA

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
The Australian Financial Complaints Authority (AFCA) has completed its latest update of the AFCA Datacube, which makes data on complaints publicly accessible to consumers and financial firms. The latest update provides data on complaints made within ...

CFS taps JPMAM for global strategies mandates

RIDDHIMA TALWANI  |  WEDNESDAY, 1 OCT 2025
... global research platform. This appointment aligns with our commitment to delivering strong, risk-aware outcomes for our members," Armitage added. CFS recently tapped JPMAM to help launch its first private equity offering. JPMAM's Private Equity Group ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
... "Superannuation trustees should carefully consider whether sponsorship and advertising expenses may be qualitatively material to members, even when the amounts are not quantitatively material, and therefore should be separately disclosed," the report ...

Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... not passive avoidance." Hostplus said it has a fiduciary duty to hold managers to account on behalf of its 1.9 million members. "That means holding managers to account when governance frameworks are weak, when decision-making is opaque, and when investor ...

HESTA changes investment fees

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... by funds under management. The default MySuper Balanced Growth option saw investment fees reduce from 0.62% to 0.58%. Members in the Conservative option benefited from a reduction from 0.42% to 0.40%, while Sustainable Growth investment fees decreased ...

Australian Unity picks new chief executive

RIDDHIMA TALWANI  |  MONDAY, 29 SEP 2025
... possesses the values alignment and credentials to advance the group's vision of positively impacting the wellbeing of its members, customers, employees and the community," Australian Unity chair Lisa Chung said. Chung noted that Australian Unity is undertaking ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
... ASIC issued two infringement notices to the industry fund for misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in ...

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
The Compensation Scheme of Last Resort (CSLR) has made 551 payments totalling $54 million since it began operating, some 291 of which were made in relation to Dixon Advisory. The overwhelming majority of payments relate to personal financial advice ...