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| | | Greg Combet has written to Standing Economics Committee chair Tim Wilson, rejecting the latter's claims of a conflict of interest in IFM's business and the demand for an APRA investigation into industry funds. Last month, Wilson wrote to APRA asking ... |
| | | | ... early release payments. "Nevertheless, State Super voluntarily decided to support their members, even though this required finding solutions to constraints in the State Super Scheme legislation," the spokesperson said. "One of these requirements is that ... |
| | | | ... allowing people to access their super. The data also revealed how the Early Release ofSuper payments are being spent, finding that a third of the money was used up in the first two weeks. Most of the money, 64%, appears to have been spent on discretionary ... |
| | | | ... were currently looking for talent and wanting to hire. It comes as Seek publishes its monthly employment trends report, finding ad volumes in banking and finance increased by 14.8% in the fortnight ending May 17. "It is important to remember that these ... |
| | | | ... the early release scheme has been a vitally important initiative to help manage through the crisis. "What we're also finding from our analysis is that the early release of super is having a deeper impact on the retirement savings of women." With ... |
| | | | ... because they have no other options. "APRA's view is that there is a merger partner for all funds - it's just a matter of finding the right one," Carmody said. |
| | | | Ares Management LLC, which has a joint venture with Challenger's Fidante Partners in Australia via a related company, has paid US$1 million to settle charges alleging it traded in a portfolio company based on non-public information while an employee ... |
| | | | Rice Warner founder Michael Rice has warned the superannuation industry to prepare for the government using the system as a means of repaying its stimulus debt, saying super won't be as sacred as it has been in the past. Rice has warned the superannuation ... |
| | | | ... other cost considerations such as the costs associated with compliance, risk, legal documentation, regulation, set up, and finding and hiring project management staff and consultants," he said. "So an asset owner really needs to consider for the quantum ... |
| | | | ... industry-wide problems with the design and claims handling process of TPD insurance. O'Halloran cited the report's finding that claims made under these tests were five times less likely to succeed. "Restrictive tests have no place in TPD insurance ... |
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