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Showing 801 - 810 of 6290 results for "Superannuation Fund"

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... it is presently engaging with the insurer and reported the matter as a systemic issue to ASIC. An unnamed superannuation fund that was undergoing an administrator change led to a failure to rollover super benefits in the required timeframe because of ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... chief investment officers were historically considered by fund managers to be the most influential person at a superannuation fund, fresh insights from Frontier show the balance of power has steadily shifted. According to Frontier, in 2017 about 52% ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... provided, could have influenced the client's decision. Another example is if an approval letter issued to a superannuation fund member confirms the account balance but fails to include a total and permanent disablement benefit amount that has been ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ...

Calls for paid menopause leave gather momentum

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... gender equity policies to achieve that goal." In introducing the policy, Aware Super becomes just the third superannuation fund to offer this form of leave. Cbus offers its workers 12 days of paid menopause and menstrual leave, while Future Super - the ...

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
Michael Cameron will become the fund's new chair, replacing Danny Casey. Taking over in November, Cameron will lead Equip Super's nine-person board, consisting of three independent directors, three member directors, and three employer directors. ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

legalsuper appoints finance chief

ELIZABETH FRY  |  MONDAY, 16 OCT 2023
... super fund's financial decision-making and management to support the growth agenda. "Michael has direct superannuation fund experience combined with broader financial services and asset management experience gained both in Melbourne and London," ...

Holistic remuneration tool launched to super funds

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
A consulting firm led by the former executive manager of growth at Media Super is rolling out a leadership resourcing and remuneration tool for profit-to-member superannuation funds. In July, founding director John Myers, who was most recently on Media ...