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| | | ... Highlighting major enforcement actions, he cited penalties against ANZ, Westpac and proceedings involving AustralianSuper, Cbus and the ASX as evidence of ASIC's willingness to pursue large institutions and systematic misconduct. However, Longo warned ... |
| | | | Cbus Super has renewed calls for a ban on superannuation lead generation activity, warning sophisticated digital marketing tactics are increasingly being used to pressure Australians into switching retirement savings into higher risk and less regulated ... |
| | | | ... and 'highly recommended' for both funds respectively. The other part of the equation is who invests in these funds. Cbus head of debt and alternatives Linda Cunningham says over the last five years there has been a rise in packaging up and selling ... |
| | | | ... in early 2025, forced to take action on widespread administration and back-office practices. One high profile example is Cbus paying a nearly $24 million fine for the lengthy delay of death benefit payments. The government now wants all super funds to ... |
| | | | ... oversee Rest's tax governance and compliance framework and report to chief financial officer John O'Sullivan. Peace joins from Cbus Super, where she served as head of group tax. She previously held a director role in the superannuation tax practice at ... |
| | | | ... the biggest assets many of us accumulate in our lifetimes - the people talking about it should be appropriately qualified." Cbus chief executive Kristian Fok welcomed Longo's call and said business models that combine high-pressure sales tactics and ... |
| | | | ... premiums comes as many other super funds are increasing theirs significantly in response to increased claims. AustralianSuper, Cbus and Commonwealth Super Corporation have all increased their premiums, some by more than 40%, in response to a surge in ... |
| | | | Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ... |
| | | | ... of the fund," NZ Super Fund said. Meantime, Chris Parks was named director, sustainable investment. Parks will join from Cbus where he's been working in ESG portfolio integration. He's also previously worked as ESG manager at TelstraSuper, and as ... |
| | | | ... close to three years. Prior, she was head of risk and compliance at RMBL Investments and worked at IOOF, Australian Unity, Cbus and Hostplus, always in legal and compliance roles. REI Super chief executive Jarrod Coysh said the appointment reflects the ... |
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