|Search Results||Showing 1 - 10 of 11 results for "Super fund mergers"|
|... financial services Royal Commission has suggested APRA's proposed new powers could be used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS Act) ...|
|... partnership represents a further opportunity to set the gold standard for the industry in terms of best practice for super fund mergers. AustSafe Super's independent chair Henry Smerdon echoed Fraser's sentiments. "This is a particularly well-suited ...|
|... market share growth can largely be explained by ongoing aggregation of superannuation funds. "For example, super fund mergers announced over the past 12 months include Sunsuper and Chifley FuturePlus, while PrimeSuper and HIP merged, as did Tasplan and ...|
|Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report. The report asked the question to 858 super fund members and 65.6% said they would not like their fund to merge ...|
|... operate under strict capacity constraints because greater assets under management dilute this flexibility. Large super fund mergers, such as the recent multi-billion dollar tie-up between First State Super and Health Super and Care Super's takeover of ...|
|Niche industry super fund mergers may have gotten some bad publicity, but they needn't be all bad according to NGS Super chief executive Anthony Rodwell-Ball. A recent survey by NGS Super found member satisfaction with the fund was at 84%, following ...|
|... build on all the initiatives we were working on last year, such as increasing our specialisation," he said. As super fund mergers become more common, there will be fewer funds but more demand for specialist asset consultants, Eagleton said. "In response ...|
|... damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers in the lead up to the introduction of the Government's Stronger Super reforms, the Association of Superannuation Funds ...|
|... minute - which then had to be audited. In his speech, Russell also revealed a serious problem for interstate super fund mergers: stamp duty legislation. Different states have different rules, which can trigger stamp duty events for the members. "If you ...|
|... institutional clients for a long period but had re-opened roughly nine months ago after losing mandates from super fund mergers and consolidation. Those funds were closed again a month-and-a-half ago after gaining some new institutional investment mandates. ...|
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is stepping down after a decade in the role in a surprise announcement made this morning.
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|