Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 791 - 800 of 13646 results for "Member"

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
... over the next five years. It also calls for greater transparency around where the money is invested, and opportunities for member consultation in this regard. "It's 2025. Investing our union's pension in fossil fuels is like betting on Blockbuster in ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Super Fierce, the digital advice platform that compares superannuation products, is now in liquidation three years after it launched. Trenna Probert and Craig Swanger, co-founders of Super Fierce, officially launched it on International Women's ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... Perpetual Investment Management has awarded MUFG Pension & Market Services (MPMS) a mandate to oversee its investor and member administration services. MUFG Corporate Markets will provide services across unlisted registry, listed registry, corporate ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
... steeper premiums from the start - $3.47 a week at age 20 - peaking at $12.09 by 55. Premium value - the amount of cover a member gets per dollar of weekly premium - nudged up in 2025, rising 4% to $45,200 for a 40-year-old in a low-risk job. This marked ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
... It also found cases in which decisions to continue with contracted expenditure did not demonstrate a clear rationale or member benefit, insufficient levels of due diligence being conducted, and some RSEs lacking standardised processes for entering into ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... for retirement. "Also, not a lot of this money looks like it's actually being spent in retirement. The typical super fund member is a net saver in retirement," he said. "Their balances continue to grow for decades after they retire. And by 2060, the ...

Dodgy dentist defrauds members after draining super for medical procedures

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... year on year. Six years ago, some $389.1 million was taken out of superannuation that was used for medical treatment for a member or a member's dependent, marking a whopping 157% increase. "For many patients, accessing their superannuation early ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... good governance is fundamental to advancing the interests of the millions of Australians with savings managed by profit-to-member super funds. "New research shows profit-to-member super funds with equal representation boards have consistently and significantly ...

Nominations open for 2025 Power50

STAFF WRITER  |  MONDAY, 23 JUN 2025
Nominations for the 2025 Financial Standard Power50 are now open as we recognise the country's most influential advisers who continue to raise the standards for the profession and provide outstanding service to clients and the wider community. This ...

ESSSuper, UniSuper spearhead member satisfaction

KARREN VERGARA  |  MONDAY, 23 JUN 2025
ESSSuper and UniSuper lead the way for the significant increase in superannuation member satisfaction, a new survey from Investment Trends reveals. The 17th edition of the 2025 Super Member Engagement Report saw super funds' improved service strategies ...