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Showing 71 - 80 of 88 results for "Active Super"

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
APRA has raised the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA ...

ATO must reunite individuals with lost super: ASFA

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
A peak superannuation body is calling on the federal government to increase its responsibility in reuniting Australians with millions of dollars in unclaimed super. In a pre-budget submission Association of Superannuation Funds of Australia (ASFA) chief ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
A lone reliance on capital is an "unwise strategy", according to APRA chair Wayne Byres who said the industry must accept and prepare for failures in the banking industry. Speaking at the Actuaries Institute Banking Conference Byres noted that while ...

Vision Super calling all low balance members

DARREN SNYDER  |  TUESDAY, 24 NOV 2015
Vision Super is contacting members with low and inactive balances in a bid to keep their accounts active. The customer retention program is aiming to steer member funds away from the administration of the Australian Tax Office (ATO) and consolidate ...

New laws define inactive super members

DARREN SNYDER  |  WEDNESDAY, 30 SEP 2015
... within the last 12 months. The proposal will allow inactive superannuation accounts to be consolidated in to members' active super accounts without the individuals' consent. The legislation forms part of a 2015-16 Budget measure that aims to remove an ...

Super accounts on path for consolidation: Shorten

CLAIRE MCGREAL  |  WEDNESDAY, 22 FEB 2012
Up to 6.9 million inactive super accounts will be rolled over into active accounts once the Stronger Super reforms kick in on January 1, 2014 according to Financial Services Minister Bill Shorten. The Minister was in Melbourne this morning to launch ...

AIST measures investment choice

MICHAEL HOBBS  |  THURSDAY, 17 SEP 2009
... managing more than $74 billion in assets. The AIST survey comes after an Investment Trends survey found the number of active super members across retail and industry funds considering whether to switch super funds was rising.

Switching super funds on the rise: survey

MICHAEL HOBBS  |  WEDNESDAY, 16 SEP 2009
The number of active super fund members looking to switch funds has risen over nine months to July, with the number of industry fund members thinking of changing funds almost doubling, a survey found. An Investment Trends report found the number of ...

No proof lack of regulation caused GFC: APRA

ALEX DUNNIN  |  FRIDAY, 26 JUN 2009
Just because the GFC happened doesn't mean it was caused by a lack of regulation, said a senior APRA executive in a major speech this week. "Just because one event follows another does not mean that the first event caused the second event," explained ...

Inactive account reforms not working: CHOICE

ALEX DUNNIN  |  FRIDAY, 6 FEB 2009
Reforms designed to help address the problem of too many inactive super fund accounts aren't working, said the peak consumer advocacy group CHOICE. "The problem of unnecessary super accounts persists despite a series of industry reforms," reported the ...