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

Search Results

Showing 641 - 650 of 13637 results for "Member"

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the average balances of MySuper, Choice accumulation and Choice transition to retirement products of ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...

Legalsuper updates investment, insurance fees

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
Legalsuper has introduced several changes to its investment options' objectives and fees, as well as some insurance costs. Effective September 1, the Conservative option will change its investment objective from outperforming an average annual return ...

Bravura, Future Group partner on digital advice

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
Financial services technology provider Bravura Solutions has partnered with Future Group for the initial phase of its digital advice rollout, which is now underway. The partnership will provide members pre-retirement personal advice tools, and a public-facing ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... control over the investment management and does not set the strategic asset allocation. MySuper holds the lion's share of member savings with $1.2 trillion. Non-platform TDPs have $432 billion and platform TDPs have nearly $20 billion, while non-platform ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
The government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the ...

In race for talent, Frontier Advisors beefs up senior ranks

MICHELLE BALTAZAR  |  THURSDAY, 28 AUG 2025
Frontier Advisors announced a raft of promotions as part of its strategy to nurture in-house talent and stave off competition in the hotly-contested asset consulting sector. The group has promoted 11 members of its team across investments, business ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
The Australian Taxation Office (ATO) will continue to tighten controls around early access of SMSF money as it grapples to contain those who access it illegally. The ATO said the growing frequency in accessing super early has forced it to make enforcement ...

ESG labelling could 'destabilise' super system: RIAA

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
... weaken global competitiveness at a time when Australia should be leading in sustainable finance, without actually serving member needs," RIAA co-chief executive Estelle Parker said. "For consumers, it leaves people with fewer options, higher costs, and ...

Aware Super invests in $1bn venture

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Aware Super has partnered with European fund manager Equitix and the UK National Wealth Fund (NWF) to invest $1.04 billion (£500m) in a UK battery storage platform. Led by Equitix, the consortium will fund Eelpower Energy to build, own, and operate ...