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| | | ... Association of Superannuation Funds of Australia deputy chief executive Glenn McCrea says there will be a bit of change for super funds who aren't yet providing intra-fund advice but remains confident the sector can deliver for members. On a recent ... |
| | | | ... structural shift for the superannuation sector following the implementation of the RIC." "The RIC has ensured that super funds focus on retirement solutions, but it will require industry collaboration to implement the changes needed. In my view, life ... |
| | | | ... years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products to adjust for flag cost considerations. Trustees ... |
| | | | ... and fairness. One example of an APRA metric assesses the number of MySuper members in a high-fee, poor-performing super funds. A metric for ASIC will assess the average time it takes to complete an investigation and the time taken to determine a decision. ... |
| | | | ... cap space they do or don't have? He further highlighted advisers must keep in mind that a lot of public offer super funds will have cut-off dates around accepting contributions. "While you can get a contribution in theory right up to June 30, a lot ... |
| | | | ... served as a director, deputy chair and the chair during this time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns ... |
| | | | ... the built environment sector," Swan said. "Kristian is devoted to the profit-to-member model that underpins industry super funds and the board looks forward to working with him to continue delivering for members." Marianne Walker assumes the role of ... |
| | | | ... records that are more meaningful for consumers. Given that the government will still need to clarify the law to ensure super funds can safely and helpfully answer simple questions from people approaching retirement, Super Consumers Australia director ... |
| | | | ... these assets, both in Australia and overseas, by blending them into our other pre-mixed options." Several other large super funds have made similar calls in recent years. Equipsuper closed its property option in June last year, while AustralianSuper ... |
| | | | ... (Recommendation 13.6), until Treasury's review into the regulatory framework for managed investment schemes. A boon for super funds Superannuation funds will be given more leeway to provide retirement advice and information to their members, as accepted ... |
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