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Showing 1 - 10 of 100+ results for "Stronger Super"

Former Australian Unity adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... Christopher Chan will serve a five-year ban for writing misleading and deceptive emails to some clients in 2016 when the Stronger Super reforms were being implemented. ASIC surveillance found Chan advised clients to opt out of transitioning to a MySuper ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... remediated to 1266 Aon smartMonday members after two third-party authorised representatives failed to comply with the Stronger Super reforms. This instance was cited as a case study in the Royal Commission. Under the reforms, a member's accrued default ...

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
The Labor Party is calling on Prime Minister Scott Morrison to finally put an end to the war on superannuation waged by government backbenchers, in an effort to ensure Australia rebounds from COVID-19 "faster and better". Financial Standard has obtained ...

Custodial excellence recognised

HARRISON WORLEY  |  WEDNESDAY, 12 FEB 2020
... deputy chair, and worked as the sponsor of the regulator working group throughout the "challenging introduction" of Stronger Super reporting. "Daniel's sense of calm and pragmatism in his approach to clients' requirements and the complexity of change ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... agenda," he said. Just last month, AMP dumped a fee it introduced in 2013 to finance the implementation of the Stronger Super reforms.

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice and ...

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
APRA is taking stock of its effectiveness since the 2013 Stronger Super reforms and flagged more improvements lay ahead for the superannuation sector. In a new information paper published yesterday, APRA said it aims to undertake a post-implementation ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... benchmarks." The requirements have been subjected to ongoing delays since 2015 after being introduced with the Stronger Super reforms, she said. The Productivity Commission, she pointed out, recommended introducing choice product dashboards as soon as ...

Regulators unite for life insurance transparency

HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
A joint project between Australia's financial services regulators has found about 92% of life insurance claims are successful first time round. It has also seen the development of an online comparison tool tracking the performance of life insurers. ...
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