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Showing 6461 - 6470 of 18124 results for "superannuation"

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... party bank-insurer strategic alliances." Over the last five years, the proportion of life insurance written inside superannuation has increased - this trend may reverse in the next five years if the changes to default insurance in superannuation announced ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Governance experts have weighed in on the repercussions for superannuation fund executives and trustees after an unyielding fortnight of appearances at the financial services Royal Commission. Governance Institute of Australia chief executive Steven ...

Industry funds grows governance, risk teams

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
A $15 billion industry superannuation fund recently strengthened its governance, risk and project management capabilities, hiring eight new team members in the process. Equipsuper is welcoming Georgia Schofield to the role of governance manager, in ...

Advisers can't ignore CIPR debate: SSGA

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... Street Global Advisors head of retirement solutions for Australia Jonathan Shead said CIPRs will be part of the superannuation ecosystem whether advisers like it or not. CIPRs, which don't apply to the self-managed super fund sector, will be also ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ...

Royal Commission on social media: Regulators under scrutiny

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
As the Royal Commission superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say. Hardly a surprise given the #BankingRC > "...The banking, finance and insurance sector now has the lowest Ethics ...

APRA banned one person in 10 years: Royal Commission

HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
... enforceable undertaking, if needed," Rowell said. Hodge moved the morning's discussion to APRA's monitoring of superannuation trustees - focusing on AMP and NULIS initially. Asked whether the prudential regulator considered NAB trustee NULIS to be well-functioning ...

AMP incorrectly charged more than $26 million: Royal Commission

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
The Royal Commission heard AMP incorrectly charged superannuation members more than $26 million in fees. AMP found itself in the witness box on Day 48 of the Royal Commission; with AMP Super chair Rick Allert answering questions in the morning session ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... CFS (the trustee) and Financial Wisdom, a CBA-aligned licensee that provides intra-fund advice to members of CFS superannuation. Behind this structure are grandfathered trail commissions arrangements established before 1 July 2014. About 6000 are in ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...