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| | | ... saw many members' fortnightly pension payments delayed by several days. The nation's second-largest superannuation fund has been experiencing "intermittent technology outages" that have impacted payments to about 20,000 members. A spokesperson ... |
| | | | ... Superannuation Master Fund ($145.5m), and Avanteos' Superannuation Trust ($67.7m), as well as its Encircle Superannuation Fund ($32.9m). Three not-for-profit super funds - AustralianSuper ($17.5m), Australian Retirement Trust ($2.4m), and Aware Super ... |
| | | | TAL Australia has announced an in-house promotion to lead its team of product, investment and operational specialists. Shaun Bransdon has stepped into the role of general manager, retirement and wealth, a position that he will further develop and deliver ... |
| | | | APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ... |
| | | | ... Norwest partner and general manager Lachlan Sue to the board. The trio bring over half a century of self-managed superannuation fund (SMSF) experience collectively. SMSFA chair Scott Hay-Bartlem said: "Brett, Meg and Lachlan each bring unique perspectives ... |
| | | | APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ... |
| | | | Following consultation, APRA has lowered the minimum operational risk financial requirement (ORFR) target amounts for larger superannuation funds. At present, all superannuation funds are expected to keep a minimum of 0.25% of funds under management ... |
| | | | The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ... |
| | | | ... Wealth, Shaw & Partners, Interprac, RI Advice, and Morgans Financial. Registered advisers operating via a superannuation fund-owned AFSL fell 6.1% year on year. Morgans Financial with its 363 advisers has the largest superannuation advice offering. It ... |
| | | | The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ... |
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