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| | | ... product, the super fund must hold $10 million in assets to be treated as a wholesale investor," they told the recent AFCA Member Forum. "Further, Section 761G (7) - which sets out an assets, income or investment threshold wholesale test - specifically ... |
| | | | ... decrease in premiums. There will also be changes around the definition of terminal illness and the maximum level of cover a member can have. ART said to better align the scheme with the Superannuation Industry (Supervision) Regulation 1994 (SIS) definition ... |
| | | | ... together, these strategies aim for both benchmark outperformance and measurable impact. In addition, T. Rowe Price and IFC, a member of the World Bank, announced plans to create a pioneering global blue bond strategy to increase access to finance for ... |
| | | | James Fleiter, a former member of the institutional sales team at Ares Management Australia, has joined Betashares as the exchange-traded funds provider expands into private credit. Fleiter joins as director of private assets after taking three months' ... |
| | | | ... together, these strategies aim for both benchmark outperformance and measurable impact. In addition, T. Rowe Price and IFC, a member of the World Bank, announced plans to create a pioneering global blue bond strategy to increase access to finance for ... |
| | | | CareSuper will soon bid farewell to its chief member officer, as it welcomes a new deputy chair and two board directors. Jean-Luc Ambrosi is leaving CareSuper in August after three years with the fund. He joined CareSuper from TelstraSuper, where he'd ... |
| | | | Small industry super funds lead on trust, service, and value for money, according to CoreData's annual member engagement survey. CoreData research consultant Alana Devitt told Financial Standard that members' trust in small industry funds is built through ... |
| | | | The $93 billion super fund will now work with its administrator to implement the Wrkr employer services platform in preparation for Payday Super. Rest completed a trial of Wrkr's employer services platform alongside MUFG Retirement Solutions, Rest employers ... |
| | | | ... paid representatives to use approved AFCA processes and for AFCA to refuse to deal with a third party where they are not a member of AFCA, despite being required to be by their AFSL. "We also support the ability for AFCA to exclude a paid representative ... |
| | | | Thanks to a subtle shift in superannuation policy, a 30-year-old Australian earning the median wage is, for the first time, on the path to achieve a comfortable retirement, according to the Association of Superannuation Funds of Australia (ASFA). ASFA ... |
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