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Showing 861 - 870 of 4812 results for "super funds"

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... government's super agenda is to establish an all-of-government framework for facilitating partnerships between super funds and projects of national importance. Nationally important projects could include large-scale infrastructure, affordable housing ...

APRA consults on new operational risk standards

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
APRA is proposing to introduce new minimum standards for super funds in managing operational risk, opening a new consultation. As part of the consultation, APRA has released Prudential Standard CPS 230 Operational Risk Management which includes minimum ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... will continue to grow this year and will continue to have significant strategic and operational implications for all super funds and asset managers. It's our belief that this is not simply a phase in the market but a new economic and operating reality," ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... chief executive Andrew Proebstl said the experience the fund had in recruiting for these roles demonstrated niche super funds are attractive employers. "We offer closer proximity to decision-making, a make-it happen mindset, absence of bureaucracy and ...

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
... errors also increased slightly, with 506 recorded in FY22 versus 487. The majority of other complaints received about super funds focused on delays in claim handling (737), denial of claims (438), and claim amounts (342). Finally, on the life insurance ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... has developed new retirement income targets - one for pre-retirees and one for existing retirees - that it expects super funds to use in helping members determine their financial needs in later life. According to Super Consumers Australia, an individual ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
APRA has said it intends to issue draft guidance on how super funds can demonstrate clear understanding of ESG risks, manage those risks, and reflect ESG considerations in investment strategy. Responding to submissions to its consultation process for ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... notices. Minister for financial services Stephen Jones' office said: "To support members in preparation for meetings, super funds are required to provide certain information with the annual member notices." But: "The current regulations do not align ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... scale and accelerate its ability to implement fee reductions. Australian Ethical currently has about $4.42 billion in super funds under management and will add a further $2 billion through the merger. Australian Ethical's membership will also increase ...