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Showing 541 - 550 of 11067 results for "Members"

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... fund. ASIC deputy chair Sarah Court said ASIC was acting against Equity Trustees as part of its ongoing work to protect members' superannuation savings. "Instead of acting as an effective gatekeeper for its members' retirement savings, ASIC alleges Equity ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Super Consumers Australia (SCA) has called on superannuation funds to do more to prompt members to complete a binding nomination and clearly communicate why it is important they have one. This comes as SCA released new research showing that 36% of Australians ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... APRA statistics show that the Praemium SMA Superannuation Fund had $4.9 billion in assets at the end of March and 15,000 members. "The success of this initiative has led to a close working relationship between Praemium and Technotia Laboratories which ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... taking their cybersecurity obligations under CPS234. The coordinated attacks resulted in about $750,000 taken from 10 members of AustralianSuper and exposed gaps in cybersecurity basics such as MFA. Two months later, APRA sent a scathing letter to trustees ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... any way interfering with the sole purpose of super funds, which is to deliver the maximum returns that they can for the members. I want to be perfectly clear about that," Chalmers said. "But there is interest, from a government point of view, and certainly ...

CareSuper adds three to investments team

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... outstanding team of investment professionals," Branton said. "We're a profit-to-member super fund with more than 580,000 members and over $59 billion in assets, with staff right across Australia who are passionate about supporting our members to retire ...

Global X ETFs on a hiring spree, readies for $12bn FUM

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2025
Global X ETFs can't seem to stop hiring, adding five new team members to its operations this month as its asset base tips over $11 billion in June, well ahead of its FUM target. Adding AI muscle to its technology team, Global X has hired David Croft ...

ART raises stake in Tabcorp

ELIZA BAVIN  |  WEDNESDAY, 20 AUG 2025
... Speaking to Financial Standard, an ART spokesperson said: "ART's purpose is to deliver superannuation benefits to our members. This means investing in a wide variety of asset classes with the aim of delivering strong, diversified and long-term returns ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... After close to a decade of service, Fraser said "now was the right time" to step down. "It's been an honour to serve our members, dating back to the Sunsuper days prior to the merger that created ART," Fraser said. "I am proud of everyone who contributed ...