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Showing 751 - 760 of 3320 results for "Trustees"

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... Australian Prudential Regulation Authority (APRA) has issued a discussion paper seeking information from superannuation trustees on their plans to maintain the financial resilience needed to protect members' best financial interests. APRA's prudential ...

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... "longstanding relief from personal financial advice requirements" for those who provide superannuation calculators and for super trustees who provide retirement estimates to their members. That the industry adopt one framework for calculators and retirement ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... matters related to its superannuation business. The CEU follows more than two years of investigation by APRA and relates to trustees AMP Superannuation Limited and N.M. Superannuation Proprietary Limited and funds Super Directions and Wealth Personal ...

MSC Trustees strengthens relationship management efforts

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
MSC Group has added a new relationship manager, joining the firm after 18 years at Equity Trustees. Rebecca McGrath has taken on the role at MSC Trustees, effective this month. Previously, McGrath spent more than 18 years at Equity Trustees in a host ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... 250). The regulator said these revisions are aimed at ensuring better member outcomes through updated requirements for trustees to select, manage and monitor members' insurance arrangements. Trustees will be required to strengthen arrangements to protect ...

Trustees Executors awards technology mandate

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... technologies. "Of the solutions we reviewed, SS&C Aloha was the best choice to meet our strategic vision for the new venture," Trustees Executors chief executive Ryan Bessemer said. "We want to provide clients with a consolidated view of their investments ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... product. While it's still early days, APRA is urging workers to reassess their super arrangements as soon as possible. "The trustees of APRA-regulated superannuation funds have a legal duty to act in the best financial interests of their members, and ...

TelstraSuper releases retirement income solution

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
... up its consultation on the Retirement Income Covenant exposure draft legislation. The new law would see superannuation trustees design a strategy for retirees or near-retirees that maximises their retirement income over their later years. The strategy ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
In updating its frequently asked questions (FAQs) on the Your Future, Your Super performance test, APRA has confirmed it will publish each MySuper products' test value in the December heatmap. APRA said it intends to publish the performance test ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will force superannuation trustees to lift their game and expose choice products that are failing members by charging high fees and delivering poor investment ...