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Showing 41 - 50 of 1071 results for %22Super Consumers Australia%22

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... very disappointing to see the FTC's request start with a leak and does not help build trust," he tweeted. "That said, it's super important to us that our technology is safe and pro-consumer, and we are confident we follow the law. Of course, we will ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
... $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed battery energy storage systems globally ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... the freeze in light of the flaws in the model being used to calculate the levy, and the negative impact on Australian consumers who will ultimately bear the costs," she said.

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... members who had multiple accounts, with the average payment expected to be about $650. The news prompted Super Consumers Australia to call on ASIC and APRA to do more to address the issue and be transparent about which funds are failing to look out for ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... actually "offering" the product. "It is hardly surprising that many trustees do not want to take the risk," he said. Not all super funds currently offer intra-fund advice. Trustees without a licence to provide personal advice can include lifetime pensions ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products to adjust for flag cost considerations. Trustees ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... ensure super funds can safely and helpfully answer simple questions from people approaching retirement, Super Consumers Australia director Xavier O'Halloran said its cautious approach recognises that most retirees will pay more in fees during their ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... a formal complaint. In the superannuation sector, one identified issue concerned the provision of insurance attached to super funds. An AFCA investigation uncovered a superannuation trustee that failed to uphold its legislative obligation to deliver ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... the same time, we can see from the engagement levels with finfluencers that this emerging channel is highly valued by consumers. It's clear consumers want information and education, and the service providers that would historically provide these services ...