Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 621 - 630 of 13634 results for "Member"

NGS Super moves to make admin fees more equitable

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
... price being determined. For the MySuper option, with total investment costs reducing from 0.80% to 0.72%, NGS Super said a member with a $50,000 balance would pay $535 per year in admin costs compared to the previous $540. Meanwhile, for Income account ...

ART invests $1bn in Macquarie fund

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025
Australian Retirement Trust says it will deploy at least $2 billion by 2030 toward assets which can deliver returns for members whilst also generating social and environmental benefits in areas prioritised by ART. As part of its first major investment ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ...

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... insurance-only super structures and brings deep expertise to this partnership. We remain committed to delivering holistic member outcomes, with a focus on flexibility, choice, and long-term value." The fund has been overseeing risk-only products since ...

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
... high median balances between $210,000 and $290,000. Meanwhile, industry funds hold massive amounts in terms of inactive member accounts. Aware Super holds the highest figure of $51.7 billion spread across 254,740 members. It is followed by AustralianSuper ...

Cbus welcomes new head of risk transformation

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
... left in April to take on a role outside of industry superannuation, and in July, Cbus deputy chief executive and chief member officer Marianne Walker also stepped down from the super fund. Additionally, APRA set its sights on Cbus in February this year ...

Aware Super launches new features for advisers

MATTHEW WAI  |  TUESDAY, 9 SEP 2025
... non-lapsing binding beneficiary nominations and viewing client Centrelink payment schedules. Aware Super group executive member growth Steve Travis said the enhancements follow a 24% increase in registered advisers over the past 12 months. "This upgrade ...

World's pension market hits $36.9tn

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
... observation, this divergence reflects structural and strategic differences. Industry super funds have benefited from strong member inflows, consolidation and more aggressive investment strategies, particularly in private markets and infrastructure," ...

InterPrac wants super funds' reserves to remediate Shield, First Guardian victims

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... (ORFR) should be activated in the same way that victims of Trio Capital were remediated. "Use of the ORFR to remediate member losses would reinforce trust in Australia's wealth management and superannuation industries, confirming the value of strong ...

Equity Trustees defies ASIC Shield Master Fund allegations

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Equity Trustees (EQT) vows to defend itself against ASIC's lawsuit alleging it failed superannuation trustee duties over the collapse of the Shield Master Fund, as details emerge of how one of its analysts red flagged the product but was allegedly ...