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Showing 81 - 90 of 972 results for "Superannuation trustee"

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... more entities over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer of superannuation product Cruelty Free Super. Cruelty Free Super is a sub-fund ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... risk people, more ops people, more data, more people, and more reporting people. "Further, the role of the superannuation trustee will expand as well because they're suddenly monitoring a far broader remit than what they were previously." "When outsourcing ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
AUSTRAC has released guidance to banks and superannuation funds on helping those without access to traditional identification documents access financial services. The guidance aims to support people from diverse backgrounds and in challenging circumstances ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
Superannuation trustees have a lot of work to do when it comes to complaints handling, ASIC says. A new report from the regulator has found some superannuation trustees have sub-standard arrangements for managing complaints. The finding is based on ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

Advising through disability implications

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... of tax debt if we use a system effectively," Conte said. "What we need to do is make sure that another superannuation trustee accepts the definitions of a TPD release, and the initial superannuation trustee is happy to roll it over and the method that ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
APRA has released updated guidance on investment governance for superannuation trustees. The update, which comes into effect in January of next year, is designed to assist trustees in meeting their requirements under the recently strengthened Prudential ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
The prudential regulator has placed additional conditions on Insignia Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment ...

Nowhere has there been more change than super: Byres

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Departing APRA chair Wayne Byres has made parting shot at the superannuation sector, saying one of the things he is most proud of is the increased transparency the regulator has driven in an industry where "self-interest can sometimes outweigh member ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
Quality of Advice Review chair Michelle Levy believes providing financial advice with a focus on best interests duty and duty of priority is doing things the wrong way. Commenting on her proposal to replace the best interests duty and duty of priority ...