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Showing 691 - 700 of 11072 results for "Members"

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... administration fees, however their insurance costs will rise from July 1. The $7 billion super fund will no longer charge members a weekly administration fee of $1.75 ($91 per year) and will reduce the percentage-based administration fee from 0.20% to ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... Commission, several law firms sought to commence class actions against AMP in relation to fees charged to superannuation members. Slater and Gordon and Maurice Blackburn were among the firms, which were later ordered to consolidate their cases. Slater ...

Industry groups hammer out guidance on tax-deductible advice fees

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... superannuation lead Richard Webb, meanwhile, said the association will continue to explain the changes and work with its members and the advice community to collaborate and embed the use of the guide. Institute of Public Accountants senior tax adviser ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same time, the maximum annual admin fee ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... and women in construction, without support that would give their retirement savings a boost. Cbus said the number of its members receiving LISTO has declined over the past five years because the income threshold has remained unchanged since its introduction ...

Centrepoint Alliance locks in hundreds of Brighter Super advice clients

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... Alliance, which entered into an agreement to acquire the advice book of Brighter Super, has confirmed that most eligible members opted to stay in the transition. Centrepoint Alliance snaped up the comprehensive advice book of ESI Financial Services ...

Super moves: Future Fund, WTW

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... construction and risk. "With the recent addition of Edwina and Ashish, our Sydney office now accommodates more than 40 team members and encompasses all five of our primary business units," the Future Fund said. Interestingly, a former WTW head of credit ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... Superannuation and Club Plus Superannuation. "Under Ms Torney's leadership, CSC will continue in its commitment to helping members achieve the retirement they deserve and have worked for," Gallagher said. Torney acknowledged the career move meant ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
... Investments, the operator of the Russell Investments Master Trust, which manages $12 billion in assets and serves over 80,000 members across various super offerings, estimated this would translate to an average uplift of $3200 per MySuper account holder. ...

ASFA, EY release guidance on CPS 230

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... ensure outsourced providers of key services are closely monitored, given their important role in providing services to fund members. "Implementation of CPS 230 is not merely a compliance task, but an important opportunity for trustees to further evolve ...