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Showing 81 - 90 of 1192 results for "Switch"

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
ASIC fired a stern warning to superannuation funds about "passing the buck" to financial advisers and shedding responsibility for overlooking dodgy investment options as the fallout from the Shield Master Fund and First Guardian Master Fund mounts to ...

Adviser banned for PRP supervision failures

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
A financial adviser that did not properly supervise a provisional relevant provider (PRP) is now banned from the industry for five years. Ian Wailes Potter of Superannuation Advice Australia has been banned from providing any financial services, controlling ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... unlikely to have been foreseen. Member switching behaviour added additional strain. In falling markets, members tend to switch from growth to defensive options, triggering asset sales that can be difficult in private markets. Cheever says if this occurs ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's policy of gradually easing interest rates, as economists continue to price in a cut next month. Speaking at the Anika Foundation Fundraising Lunch, Bullock said ...

Hostplus closes two investment options

ELIZA BAVIN  |  FRIDAY, 18 JUL 2025
... members, while the Indexed Balance option turned in 12.02%. Members who are invested in the two options set to close can switch out any time before September 26, or, alternatively, they can stay invested until they close on September 30 and be moved ...

Microsoft flips AI switch on for MUFG

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
MUFG Pension and Market Services (MPMS) has collaborated with Microsoft to adopt AI-powered solutions across its MUFG Retirement Solutions and MUFG Corporate Markets business divisions. The five-year strategic partnership is built on a co-investment ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... which has recently ramped up its policing of high-pressure sales tactics that are highly persuasive in urging members to switch super fund investments. "Our primary aim here in the enforcement work that we're taking is to preserve any assets that ...

Super Fierce goes into liquidation

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Super Fierce, the digital advice platform that compares superannuation products, is now in liquidation three years after it launched. Trenna Probert and Craig Swanger, co-founders of Super Fierce, officially launched it on International Women's ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Perpetual Investment Management has awarded MUFG Pension & Market Services (MPMS) a mandate to oversee its investor and member administration services. MUFG Corporate Markets will provide services across unlisted registry, listed registry, corporate ...