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Showing 61 - 70 of 224 results for "RSE"

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
... Henderson Global Natural Resources will change to multi-manager global share. Colonial First State Investments Limited had three RSE trustees, about 939,912 accounts and $83 billion in assets at end of June 2020, according to APRA's trustee-level ...

RSE trustee board composition evolving

KANIKA SOOD  |  MONDAY, 1 FEB 2021
In the last six years, independent directors have gone from holding 5.2% of the total board positions at RSE licensees to 10.7% of them as at June 2020, says new APRA data. The total directorships at responsible superannuation entity licensees shrunk ...

APRA delays insurance in super guidance

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... the industry. The guidance, Prudential Standard SPS 250 Insurance in Superannuation, seeks to establish requirements for an RSE licensee with respect to making insurance benefits available to beneficiaries. Feedback from the November 2019 consultation ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... progressed well in completing their first BPR. The DDO will commence on 5 October 2021 but significant preparation is needed by RSE licensees ahead of this date, Press warned. These obligations apply to trustees' choice product offerings and how ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... their obligations under the controlling stake requirements. APRA said after undertaking a review of the implementation by RSE licensees its focus has been on the interaction of the ownership definitions that relate to a "stake" and ensuring a person ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... clients than they could reasonably be expected to provide an annual review to. The conduct occurred when StatePlus was the RSE licensee for StatePlus Fixed Term Pension Plan and the StatePlus Retirement Fund. As at 30 June 2017, the two funds had a combined ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... in some cases expenses) paid by member. Macquarie Investment Management Limited got its registerable superannuation entity (RSE) licence approval from APRA in 2006.

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... equities-heavy GrowthX option returning 14.77% over the year ending May. Moore says Spaceship has the no immediate plans to pursue an RSE license (which it has previously sought), and faced no disruptions as Tidswell Financial Services changed hands ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... the impact of the coronavirus and the government's early release scheme on superannuation licensees. "APRA understands that RSE licensees have been under considerable pressure during the COVID-19 pandemic, however APRA considers that the data in the ...

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... impact of the government's temporary early release of superannuation scheme. From next week, registrable superannuation entity (RSE) licensees will be asked to complete and submit the regulators new Early Release Initiative (ERI) data collection form ...