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Showing 701 - 710 of 4847 results for "super funds"

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... 2021-22 dwindled by 7% to $4.5 billion, down from the record $4.9 billion in claims paid in 2018-19. Consequently, super funds are now providing average standard insurance cover of up to $201,000 for young members, which decreases to $56,000 for individuals ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
In the most recent stakeholder survey conducted by APRA, small superannuation funds expressed disproportionally high discontent with the regulator. APRA observed that superannuation and trustee respondents gave distinctly lower ratings for almost all ...

Super funds ready to offer advice: Podcast

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... 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 ...

Allianz Retire+ makes key appointments

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... 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 ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... 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 ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... 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. ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... 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 ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... 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 ...

Cbus appoints chief executive, deputy

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
... 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 ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... 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 ...