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Showing 771 - 780 of 4806 results for "super funds"

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... Consumers Australia director Xavier O'Halloran said: "Consumers have been left on hold for too long, it's time for super funds to stop talking about putting members first and actually respond to complaints on time. Perversely, super funds lobbied ...

Super funds complete mergers

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
The merger of HESTA and Mercy Super has been finalised, as has that of UniSuper and Australian Catholic Superannuation and Retirement Fund. About 13,000 Mercy Super members and their assets have moved to HESTA, bringing its total funds under management ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... statement outlined that the acquisition of Pension Boost will enable it to help retirees, as well as providers such as super funds, to choose the best solution for now and into the future as their needs change. Household Capital Advisory Board chair ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... priority. Last month, ASIC chair Joe Longo warned that the market regulator is currently investigating listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... 3.8%, and conservative option 2.9%. Compounding its woes, yesterday the proposed religious carve outs for faith-based super funds was struck dead, axed by the government despite it being an election policy. Senator Andrew Bragg told Financial Standard ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... Quality of Advice Review. It's challenging the industry to think differently about how advice can be delivered by super funds." Among the respondents who feel financially stressed, 33% said the main concern stems from not having enough superannuation ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... sole benchmark and purpose of super. "It will open the floodgates to every tangential idea being a justification for super funds to perform poorly," the Coalition said. Further, it argued that faith-based carve outs undermine the YFYS reforms, which ...

Super funds supercharge semiconductor business

CHLOE WALKER  |  TUESDAY, 29 NOV 2022
Five super funds, including Hostplus, HESTA, TelstraSuper, UniSuper and NGS Super have participated in a $30 million topping up of Sydney-based semiconductor developer Morse Micro's series B funding round. This brings the total raised by Morse Micro's ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... expectation of trustee boards, saying the issue of board governance is an ongoing and increasingly sharp focus for APRA as super funds get larger and their operating environment more complex. In particular, she pointed out that one area of focus is on ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... market price is somehow perfect and that anything unlisted listed has valuations that are essentially fabricated by the super funds," he says. The investment chief points to the plethora of auditors, regulators and custodians - all of whom check valuations ...