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Showing 631 - 640 of 1022 results for "ASF"

TAL urges trustees to review default insurance benefits

MARK STORY  |  FRIDAY, 30 NOV 2012
Super fund trustees should re-examine whether the levels of default life insurance cover offered by their funds meet member needs, according to specialist life insurer, TAL. APRA's proposed Prudential Standard SPS250 will require trustees to develop ...

MySuper tranche three clears House of Reps

BEN COLLINS  |  FRIDAY, 30 NOV 2012
Tranche three of the Government's MySuper legislation has passed with complete support through the House of Representatives, on the last sitting day for the year. Passed yesterday, the Bill contains one of the key components of the Gillard Government's ...

In-house investment management risky

ALEX DUNNIN  |  FRIDAY, 30 NOV 2012
While developing an internal investment team sounds like an easy way to save fees, it's a complex governance switch that funds must understand and carefully plan. "When you bring investments in-house you turn manager 'agency risk' into a HR (human resource) ...

ASFA Board changes

BEN COLLINS  |  FRIDAY, 30 NOV 2012
HOSTPLUS boss David Elia attended his first Association of Superannuation Funds of Australia board meeting yesterday after being unveiled as the representative body's newest director. "We are extremely pleased to have someone of David's caliber join ...

Outcomes-based investing is the future for wealth creation sector: AMP

BEN COLLINS  |  FRIDAY, 30 NOV 2012
A rise in the number self managed super funds is proof that the investment industry has not delivered, a senior AMP Capital executive said. It is no longer good enough to be satisfied with not doing as bad as an index and the industry needs to focus ...

Fund budget surplus with cuts to super tax breaks: Treasury

MARK STORY  |  THURSDAY, 29 NOV 2012

Industry funds to concentrate on direct distribution

BEN COLLINS  |  THURSDAY, 29 NOV 2012
After enjoying a stranglehold on Awards, one of the biggest challenges facing Industry super funds now will be direct distribution, said Sunsuper boss Tony Lally. "We [industry funds] relied on Award distribution, and now, for us it is about preserving ...

Super funds told to embrace tech

BEN COLLINS  |  THURSDAY, 29 NOV 2012
Like any consumer-driven organisation, superannuation funds need to embrace digital technology before it is too late, said a senior Deloitte Digital executive yesterday. Speaking at the Association of Superannuation Funds of Australia (ASFA) conference ...

Superannuation needs change: Keating

BEN COLLINS  |  WEDNESDAY, 28 NOV 2012
Australia could use a government-run longevity insurance fund to help provide a better retirement to people who are living longer, said former Prime Minister Paul Keating. Speaking today at the Association of Superannuation Funds of Australia (ASFA) ...

Actuaries Institute gives guidance on FCRs

MARK SMITH  |  WEDNESDAY, 28 NOV 2012
The Actuaries Institute has released guidance for Financial Condition Reports (FCRs) for superannuation funds. The development of FCRs are in response to increasing complexity and risks in superannuation funds and anticipate APRA's intention bring the ...