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Showing 71 - 80 of 951 results for "ASFA"

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... with their fund - often on complex and challenging issues." Likewise, the Association of Superannuation Funds of Australia (ASFA) said it was committed to working with the government to establish the new standards. "Scrutiny and high standards drive ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
... FirstChoice Employer Super growth option delivered a staggering 16.6%. The Association of Superannuation Funds of Australia (ASFA) recently found high-growth options were delivering returns "as high as 15%" industry-wide, for the 2024 calendar year. ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
... for the 2024 calendar year thanks to the bull market, according to the Association of Superannuation Funds of Australia (ASFA), with some achieving nearly 12% for their balanced options. Rest's default option made a 11.19% return for 2024, the second ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... reforms. The RIG houses a forward program of key initiatives from agencies including ASIC, APRA, ACCC, RBA, ATO, AUSTRAC and ASFA. "It will particularly support smaller financial sector businesses navigate upcoming changes to the regulatory environment ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... year - which could mean more than $30,000 less in retirement savings. The Association of Superannuation Funds of Australia (ASFA) analysis similarly showed that in real terms, a 25-year-old median income earner currently receiving quarterly super payments ...

ASFA names former ABC presenter as strategy chief

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Association of Superannuation Funds of Australia (ASFA) appointed Madeleine Morris to the newly created position of chief strategy, corporate affairs and experience officer. Morris has been working with ASFA since February this year as a strategy ...

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the Net ...

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
Appearing on a panel discussion at the ASFA Conference on Thursday, Mine Super chief executive Vasyl Nair said superannuation funds should not prioritise glamourising offerings, but instead focus on simply improving performance. Nair explained when ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... Cbus members were impacted by delays to death and TPD claims processing, some waiting more than 12 months. Speaking at the ASFA conference this week, ASIC warned all super trustees to ensure they are processing death benefit claims efficiently, saying ...

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
The shadow minister for financial services Luke Howarth has called on attendees to the ASFA conference to put pressure on the Albanese government to legislate reforms from the Quality of Advice Review (QAR). "Sadly, the Labor government has been slow ...