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

Search Results

Showing 851 - 860 of 4043 results for "Administration"

APRA, ASIC publish life claims and disputes data

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... insurers, claims payments are only one part of the costs associated with an insurance policy. Other costs, such as administration, acquisition costs and claims reserves, are not included." "Whether and how profitable the product is to the insurer will ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... withstanding the test of time. In 2021, GROW Super rebranded to GROW Inc. and began winning mandates for its growing administration business, with Mercy Super and Vanguard among its clients. In the last 12 months, GROW Inc. has been trying to divest ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... also considers the types of insurance offered and the premiums on that insurance, as well as fees of all kinds (administration, investment, advice and indirect costs). The AAA assessment process considers the operations of a super fund, its trustee board ...

Nucleus Wealth launches direct indexing option

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... remove or add certain holdings or sectors according to personal preferences." Investment fees start from 0.11%, administration fees are based on the amount invested. Financial Standard recently looked at the rise of direct indexing and the possibility ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... metrics in the 2021 MySuper and Choice heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses for super funds with less than $10 billion in funds under management sit at about 0.57% of net assets. ...

Accountants lobby for 10 budget reforms

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... advocacy and international Simon Grant said. "These measures will have the added bonus of reducing compliance and administration costs for consumers and super funds." The group also wants to see pay-as-you-go taxation made more accurate so low-income ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... decision to close Brightday, MYONESUPER and Super Prophets follows GigSuper - also a Diversa product - going into administration with about $2.8 million in FUM. Another sub-plan Diversa oversaw, Zuper, also closed in 2021 after failing to reach sufficient ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... as incentive payments to state and local governments to encourage the adoption of better planning and property administration policies. "Otherwise, an increase in households' ability to borrow would likely increase property prices. This recommendation ...

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... CCIV and those seeking to provide financial product advice on and/or deal in CCIV securities. It also looks at the administration of licensee obligations that apply to CCIV corporate directors. ASIC oversees licensing corporate directors and assists ...

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... members. For example, for the VicSuper members who joined us last year, we've been able to deliver a 20% reduction in administration fees." Most of the executives surveyed agree that the number of super funds in Australia will dramatically shrink in ...