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| | | The Australian Prudential Regulation Authority (APRA) has released 31 reporting standards for the superannuation industry, five of which are still open for further consultation. The final reporting standards will commence on 30 June or 1 July and changes ... |
| | | | Only 16.7% of superannuation assets are withdrawn as a lump sum when members hit retirement, recent analysis from Rice Warner shows. The actuarial firm analysed information from more than 10 million member records representing over $55 billion in assets ... |
| | | | ... will also be an added functionality allowing the change of details more readily. Speaking at an Association of Superannuation Funds of Australia event in Sydney, Kell said there had been more than 60,000 searches on the Financial Advisers Register. "The ... |
| | | | The Future Fund has almost doubled since it was established in 2006. The fund, which aims to cover superannuation liabilities of federal public servants, stood at $117 billion at the end of March after generating a return of 15.1% in the first nine ... |
| | | | ... as infrastructure, property and alternative credit assets. "The product fills a gap in the marketplace, with few superannuation funds currently offering investment options designed to deliver capital stability and manage investment volatility," MTAA ... |
| | | | ... economically dry centre-right pro-market think tank will add further momentum to growing consensus for reform to superannuation and age pension policy. The CIS said the policy issue it is trying to address in its report is not only that the age pension ... |
| | | | ... Sunsuper's national manager of corporate sales and will lead the business development team and focus on winning default superannuation mandates in the mid-market. Smith joined Sunsuper from Australian Unity, where he was head of corporate superannuation ... |
| | | | ... business", not "general advice, either through direct sales or other agency sales or through group life policies inside superannuation funds." For reference, this proposed remuneration system is substantially stricter than existing arrangements, which ... |
| | | | The Future Fund ranked worst in managing climate change risk, along with three other top superannuation funds in Australia, an Asset Owners Disclosure Project (AODP) global survey revealed. REST, Telstra Super, Super SA, Asgard and GESB also received ... |
| | | | ... billion in payouts during 2014 equates to paying out an average of $3.79 million each working day. Maini said while superannuation and direct insurance has helped expand the reach of life insurance the question remains whether people have appropriate ... |
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