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Showing 631 - 640 of 13653 results for "member"

PPS Mutual appoints new chair

ANGELIQUE MINAS  |  TUESDAY, 16 SEP 2025
Specialist insurance company PPS Mutual has announced Anthony Asher as the new chair of its board of directors. Asher brings 51 years of experience in the global life insurance industry. His career spans across the financial services sector, academia ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... risks, geopolitical volatility and artificial intelligence (AI) are creating "unacceptable prudential risks" for APRA. APRA member Therese McCarthy Hockey said geopolitical risk has become a "risk accelerant" that the regulator is trying to keep on top ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... June 30 included a drawdown from the fund's administration reserve of 0.01%. Aware said the amount was not deducted from member accounts and did not impact the performance of investments. "The drawdown amount was taken from the fund's administration ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... ANZ's failures are "likely to have compounded the difficulties faced by loved ones dealing with the death of a family member or relative, as well as frustrating the probate process." ANZ first identified the systems, controls and processes issue ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... in balancing the objectives of the covenant," she said. Constant said the regulator is preparing to complete a review of member communications targeting retirement, which will be ASIC's first standalone thematic review since the implementation of the ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has settled a class action brought against N.M. Superannuation, AMP Superannuation and AMP Services, agreeing to pay $120 million. The class action was brought on behalf of superannuation clients and their beneficiaries for the period of July 2008 ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ...

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
Australians receiving the Age Pension are often subjected to higher marginal tax rates of 60% to 80%, disincentivising them from being more active in the workforce, new research from HESTA suggests. The research said in some extreme cases, these rates ...

Super SA welcomes chief executive

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
... incredible organisation that has been taking care of the superannuation of SA public servants for over 120 years." "As a member myself, I'm really passionate about enhancing members' experiences so we can remain the most trusted superannuation fund for ...

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 ...