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Showing 681 - 690 of 4808 results for "super funds"

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... session, Bragg released a statement welcoming the APRA investigation into the "enormous" transfer of funds between super funds and unions. Bragg said that super funds transferred $13 million to unions in the 2020-21 financial year. Further, he noted ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... for Life (AGILE), a retirement product aiming to address longevity risk. AGILE was designed to be integrated into super funds and account-based pensions, it is also serves as a conduit for financial advisers to develop retirement strategies in advance ...

Aware Super bolsters strategy team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... Anthonisz was a resident practitioner at the University of Sydney and, along with leading practitioners from other super funds, was involved in the Super Quant Forum. For her part, Pan has worked at Mine Super for more than four years and spent two years ...

Former industry execs launch analytics firm

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... Analytics brings together David Braga, Raewyn Williams and Peter Murphy, and offers a fee benchmarking service for super funds and other institutional investors. All three bring significant experience in the institutional space. Braga is the former chief ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
... Thirty-six percent working in the corporate sector and finance believe they have enough for a comfortable retirement. Super funds still lack proactivity when it comes to communication. Almost four in five (79%) want their fund to share more information ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... NFP superannuation market. The figure, which is up from 77% in 2020, is reflective of the ongoing rationalisation of super funds. However, at the same time, it's down from the high of 90% which was seen in 2015 due to super funds increasingly using ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... Retail funds ($680bn) and corporate funds ($56.9bn) on the other hand dropped 1% and 4% respectively. Self-managed super funds also had a disappointing run, declining 3% to $889.5 billion. Industry funds delivered 6.2% worth of five years annualised ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... formal complaint. In the superannuation sector, one identified issue concerned the provision of insurance attached to super funds. An AFCA investigation uncovered a superannuation trustee that failed to uphold its legislative obligation to deliver MySuper ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... there are several ways. "They would all likely have the root cause in data entry," he explained. "Data provided to super funds probably comes from three main sources, the employer, the member, and then administrators and trustees upon a successor fund ...

Super funds must prioritise member experience: Consultant

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A global technology and HR consultancy is urging superannuation funds to shift to experience-led organisations, amid changing member expectations. Bharat Bathi, the lead of Wipro HR Services' retirement services division, says "it's not an option ...