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Showing 1 - 10 of 56 results for "Super Consumers Australia"

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN | MONDAY, 30 SEP 2024

... most superannuation funds opine that retirement calculators are key to helping members, research from Super Consumers Australia (SCA) has found they often fail to produce reasonable results. The consumer advocate reviewed the country's largest super ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN | THURSDAY, 22 AUG 2024

... by governments, regulators, and union organisations to eradicate such criminal behaviour," he said. Super Consumers Australia Xavier O'Halloran said it's premature to be making calls about the HAFF and the involvement of Cbus. "We support the ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN | FRIDAY, 19 JUL 2024

... tensions and ensure compliance with regulatory standards while broader issues are resolved. Separately, Super Consumers Australia director Xavier O'Halloran said that consumers expect their savings to be managed by individuals who are fit and proper ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON | FRIDAY, 10 MAY 2024

... expectations of members, or we will hold you to account'." Following the release of the report, Super Consumers Australia director Xavier O'Halloran said: "It's appalling that some funds are not closely monitoring fees and deductions from ...

CSLR chief executive named

JAMIE WILLIAMSON | FRIDAY, 8 DEC 2023

... director. Rickard also sits on the Australian Financial Complaints Authority (AFCA) board as well as that of Super Consumers Australia, Financial Counselling Australia, and the Ecstra Foundation. In her executive career, she held senior roles with the ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI | THURSDAY, 7 DEC 2023

... pertinent information. The review had recommended the introduction of a 'good advice' duty. Super Consumers Australia said the fact the government hasn't pursued this recommendation is a win for consumers. "The best interests duty is vital ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS | FRIDAY, 1 SEP 2023

... respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are looked after. The FSC expressed ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER | MONDAY, 28 AUG 2023

... the price of everyday items, driving both the Association of Superannuation Funds Australia (ASFA) and Super Consumers Australia (SCA) to increase their retirement standards. According to ASFA, the annual expenditure needed to reach its comfortable retirement ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON | THURSDAY, 29 JUN 2023

... members who had multiple accounts, with the average payment expected to be about $650. The news prompted Super Consumers Australia to call on ASIC and APRA to do more to address the issue and be transparent about which funds are failing to look out for ...

Industry bodies respond to QAR recommendations

KARREN VERGARA | TUESDAY, 13 JUN 2023

... ensure super funds can safely and helpfully answer simple questions from people approaching retirement, Super Consumers Australia director Xavier O'Halloran said its cautious approach recognises that most retirees will pay more in fees during their ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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