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Showing 5341 - 5350 of 18119 results for "superannuation"

AustralianSuper appoints regional head for US

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
The $170 billion superannuation fund has named its regional head of US, as it gears up to open an office in New York. Susan Alexander will lead the new office, the opening of which AustralianSuper has flagged previously. Alexander is a long-time AustralianSuper ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... Challenger Financial Standard Technical Services Forum shows. Presenting at the forum yesterday, Rainmaker head of superannuation research Jason Ross said if a member is defaulted into a 30-day waiting period for income protection cover, they could be ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
Senator Jane Hume has slammed the superannuation industry over the excuses used by super funds for not merging, saying there is simply no excuse when members' best interests are at play. Speaking on the final day of the ASFA Conference in Melbourne ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
APRA's executive general manager Suzanne Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced ...

IOOF completes licence conditions

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
... 2019, IOOF was found to have breached one of APRA's licence conditions when it failed to establish a dedicated superannuation trustee function by the deadline. In September 2019, APRA lost a court action against IOOF and five of its senior officers in ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
APRA's superannuation heat map will not feature any means for demonstrating high performance across any of the system's metrics, the regulator has revealed. APRA outlined its superannuation heat map at the 2019 ASFA Conference in Melbourne this ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
AustralianSuper chief executive Ian Silk has predicted a decline in the important of insurance in superannuation, including its ousting as a default portion of the system. Appearing as part of a panel discussion about the future of super at the ASFA ...

Fee hike at government super fund

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
A government superannuation fund has increased its admin fees for the first time in nine years. Super SA, which provides superannuation to 210,000 public sector employees in South Australia, has informed members of some schemes that their admin fees ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world. Kicking off the second day of the ASFA Conference in Melbourne, Challenger retirement income chair Jeremy ...

Superannuation expert joins law firm

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
... financial advisers has hired a former APRA and Colonial Financial Planning professional as its special counsel for superannuation. Maria Siu is joining SUPERCentral, and will also work with its legal arm Townsends Lawyers. She will provide superannuation ...