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Showing 731 - 740 of 13009 results for "Change"

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... the financial loss impacting members came to about $20 million. As part of the overhaul, the $101 billion super fund will change its trust deed to introduce digital non-lapsing binding beneficiary nominations. The option to make a non-binding beneficiary ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
While the Institute of Public Accountants (IPA) supports sensible reforms to make superannuation "more equitable", it - like many industry bodies - believes the taxing of unrealised capital gains and the lack of indexation can pose compliance challenges ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... Cyber bad actors are using AI with glee, without any sense of ethics, and if it works, it works and if it doesn't, they change tact. So, the environment we're facing is really changing, but there is an opportunity in how organisations use it ...

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... saw their administration fees drop from 0.23% to 0.17% with the annual cap also reduced from $1500 to $1300. There was no change to the account keeping fee of $52 per year. In addition, for Future Saver products, Aware Super will bring in a new insurance ...

ANZ fined $240m for bond trading, retail misconduct

KARREN VERGARA  |  MONDAY, 15 SEP 2025
ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ...

Ben Samild to leave Future Fund

JAMIE WILLIAMSON  |  MONDAY, 15 SEP 2025
Future Fund chief investment officer Ben Samild is leaving the sovereign wealth fund for a new role. Samild has been with the Future Fund since 2013 when he joined as head of alternatives. He was named chief investment officer in August 2023 after serving ...

ASIC takes aim at super, private markets

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... retiring each year, super funds need to do better." Constant added that ASIC has a multi-year project underway to drive a step-change in the way trustees deliver member services. She said the next phase of its member services work will test how trustees ...

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
Responding to the Australian Financial Complaints Authority (AFCA) consultation on Approaches to Family Violence and Financial Abuse of Older People, Super Members Council (SMC) is calling for greater safeguards for Australia's vulnerable, ageing population. ...

Family offices up equities, dial down alternatives: Goldman Sachs

KARREN VERGARA  |  FRIDAY, 12 SEP 2025
... returned to 2021 levels alongside a pullback in private equity, as muted exits weighed on commitments. The most modest change was among family offices in the Americas, which have the largest allocation to private equity at 25% versus 22% in EMEA and ...

FEATURE: Back in action

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
... at taking on debt for investments, and it's a liquid asset with daily pricing, or even minutely pricing - share prices change every minute - then it becomes a scarier thing to think about for many people. "If they get good advice, it can definitely work ...