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Showing 541 - 550 of 13634 results for "member"

APRA lifts final Westpac capital add-on

KARREN VERGARA  |  WEDNESDAY, 15 OCT 2025
... APRA has removed the remaining tranche of $500 million capital add-on, with immediate effect," the regulator said. APRA member Therese McCarthy Hockey added that as a "systemically important bank" APRA expects Westpac to hold itself to the requisite ...

Australian Ethical aligns Christian Super members' cover

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... default cover will increase from three units to four units, however the value of cover per unit will change. Depending on a member's age, occupation category and sex at birth, Australian Ethical said some members will experience an increase in the amount ...

Australian super funds 'important' for the UK economy

MATTHEW WAI  |  TUESDAY, 14 OCT 2025
... funds are providers of capital to international economies, and we look for offshore opportunities to diversify and grow member returns. This is a key element of giving working Australians the best chance at a dignified retirement." Earlier this year ...

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
... and expect high-touch support. Trustees that can meet these needs stand to unlock powerful commercial outcomes: stronger member retention, deeper engagement, and scalable growth." The review observed good and poor practices from 12 participants, including ...

Treasury unveils major super tax changes

JAMIE WILLIAMSON  |  MONDAY, 13 OCT 2025
Treasurer Jim Chalmers has unveiled several major superannuation tax changes in a press conference this afternoon. Under the changes, the $3 million superannuation tax will be delayed until July 2026 to allow for a series of amendments and further consultation. ...

Morningstar calls out platform TDPs' use of rebates

KARREN VERGARA  |  MONDAY, 13 OCT 2025
Analysis by Morningstar calls out a significant number of platform trustee-directed products (TDPs) were able to pass the recent superannuation performance test by tweaking rebates. Morningstar's report Putting the performance test to the test shows ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
ASIC has updated its Statement of Claim in the proceedings against Equity Trustees (EQT) to include a claim for compensation for losses incurred by members of the AMG Super and Super Simplifier platforms who invested in Shield Master Fund. This is in ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

End of an era: Longtime Platinum exec exits

ELIZABETH FRY  |  THURSDAY, 9 OCT 2025
... the company ahead of its merger with L1 Capital which was approved by shareholders last week. Norman has been a crucial member of the investor services and communications team since Platinum was founded in 1994 by Kerr Neilson and Andrew Clifford. The ...