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Showing 71 - 80 of 931 results for %22REST Industry Super%22

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... an important tool for eradicating unacceptable product performance, improving transparency across the superannuation industry and holding trustees to account for the outcomes being delivered to members." "Since its introduction, we have seen costs to ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
... do not prevent people from gaining this access." AUSTRAC developed this guidance in consultation with a broad range of industry groups, including the Australian Banking Association (ABA) and the Australian Institute of Superannuation Trustees. ABA chief ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... undermines the intention of the performance test regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... undermines the intention of the performance test regime by permitting a class of super products to underperform compared with the rest of the market," ISA said. "The regulations don't provide sufficient protections for members of funds with faith-based ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... including robust oversight of valuations of assets and improved liquidity management." APRA is seeking feedback from industry stakeholders on the draft guidance, the consultation period closes on 17 March 2023.

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
... becoming increasingly inappropriate, particularly given most funds now present as a mass-market offering rather than an industry- or employer-specific fund," Grattan's submission reads.

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... Roy Morgan findings support that view, she said The report also highlighted other standouts, noting that industry funds, Rest (+3.7%), Catholic Super (+2.6%), and UniSuper (+2.3%) had all increased their customer satisfaction ratings. Retail funds which ...

Super heads support capping retirement balances

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... changes at the top end, that's then redistributed," she said. Although these fund executives formed a consensus, other industry leaders remain resolutely opposed to a cap on super balances. SMSF Association chief executive John Maroney said: "We do not ...

CareSuper flags merger with Spirit Super

ANDREW MCKEAN  |  WEDNESDAY, 9 NOV 2022
... Super chief executive Jason Murray said this is an exciting opportunity for both funds. He also told key stakeholders to rest assured that the fund will keep them and its members informed of any material decisions following the due diligence process. ...