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Showing 71 - 80 of 12117 results for "member"

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... The submission also recommended continuing to assess super fund fees in the test but suggested raising the representative member to $100,000 for non-platform products and $250,000 for platform products, up from the current $50,000, as member balances ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was conducted ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... "Mergers result in larger funds which can promote greater efficiencies for their members and ultimately lead to improved member outcomes. That is why, following a detailed due diligence process, the Trustee has decided to transfer members' benefits ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
championing its effectiveness in eliminating underperforming investment options and improving member outcomes. "At present, it is the only option presented that is objective, efficient, and timely to administer for both APRA and super funds and has ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
The Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay. Justice Thawley sought to gather more information for the victims in delaying ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... Sequoia non-executive director since 1 March 2019. He is currently the chair of the risk and compliance committee and a member of the audit committee. Separately, Tim McGowen recently slapped a defence and counterclaim on Sequoia in the Supreme Court ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
UniSuper announced it has committed up to US$400 million (AU$623 million) to the Macquarie Green Energy and Climate Opportunities Fund (MGECO). MGECO is an open-ended fund that invests in large scale, mature sustainable technologies to support the transition ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... of OneSuper. Spaceship and Diversa said the decision has been made because they are "passionate about delivering strong member outcomes for all Spaceship Super members." The transfer is to take place on May 17, with Spaceship saying members will see ...

UniSuper selects new group insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 APR 2024
After more than a decade in business, UniSuper has dropped TAL as its group insurer. The $135 billion superannuation fund has called time on its relationship with TAL, which began in November 2013. Effective June 1, MetLife will serve as group insurer ...

State supports move to close super loophole exploited by paedophiles

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... no longer be relied upon by offenders to indemnify them for their heinous crimes," he said. Fellow Super for Survivors member Madeleine West said the only way to end this horrendous crime is to open up deep conversations, remove the stigma and encourage ...