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| | | ... review and respond before the changes were finalised. APRA said the conditions were about safeguarding the interests of members, addressing its prudential concerns "effectively and expeditiously," and ensuring transparency in BUSSQ's response to ... |
| | | | ... multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly charging insurance commissions to members, and Colonial First State misleading members as examples of funds not knowing their business. "At the heart of this issue is ... |
| | | | ... to pay benefits as soon as practicable following a members' death in 752 instances, it's alleged; 555 of these members held a BDBN. "In one case, despite having all the information required to pay the benefit, it took AustralianSuper 1140 days ... |
| | | | ... to ensure that its investment professionals are considering a total portfolio approach to ensure the best outcomes for members, and having reliable data around all its investments across asset classes has made a big difference. "To me, it's that ... |
| | | | ... curated major events program, including new annual summits on climate change and AI. "Thanks also to my fellow CEDA board members for their support, professionalism and expertise over the last five years." Prior to her board career, Bartlett was an experienced ... |
| | | | ... necessarily eliminate them from the board when they might have outstanding experience and deliver considerable benefits to members," Barrett said. Barrett also noted that while APRA said it will magnanimously stop short of outright vetoing appointments ... |
| | | | ... given the "historical volatility", the fund said. "As GEO is a very high-risk investment option, it is best suited to members who are comfortable with the value of their investments fluctuating," UniSuper said. "As a sector option, it is intended to ... |
| | | | ... value a bridge daily, right? But at the same time, you have to understand what's it worth, and what's it worth to members, and is it ever going to be a liquid asset? And if it is, what's the opportunity, given what we spent for it? And then ... |
| | | | Andrew Lill has been appointed interim chief investment officer at legalsuper. Lill will oversee the $6.4 billion super fund's investments while it searches for a permanent replacement for Paul Murray. Lill was previously chief investment officer ... |
| | | | ... the superannuation system, a key theme is the operating model - the right sort of architecture that is used to service members. "We're seeing that super funds want to outsource some components of the operational workflow so they can focus on where ... |
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