Search ResultsShowing 1 - 10 of 100+ results for "Superannuation Trustees"
ASIC urges improved insurance outcomes
ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... change occurring in relation to insurance in superannuation." "In this dynamic phase, it is important that superannuation trustees remain focused and committed to improving outcomes for members." ASIC said the Code sets standards of practice with the ...
APRA releases MySuper heat map
HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... poorer light than warranted, while other products appear ok when they're not." Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said that while the institute welcomed the introduction of the heat map, consumers need ...
Sargon opens door to trustee tech
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... announced its full-stack trustee technology will launch as a Software as a Service (SaaS) offering for superannuation trustees in Australia and New Zealand. The financial technology and infrastructure company said its Sargon Trustee Cloud software has ...
AIST finds issues with FASEA code
ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
The Australian Institute of Superannuation Trustees has written to FASEA chief executive Stephen Glenfield seeking clarification on how key points of the Code of Ethics will apply to intra-fund advice. Responding to the guidance on the code, AIST chief ...
Vale David Smith
ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
HESTA director and former Australian Institute of Superannuation Trustees president David Smith is being remembered as an inspirational leader. Smith, who was also general secretary of the Australian Services Union, passed away suddenly on November ...
APRA begins super data transformation efforts
HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... has not been subject to the same level of data collection as MySuper products. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the move would finally allow members with choice superannuation products to understand ...
ASIC, MLC Nominees and NULIS in court
ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... filing a statement of agreed facts and admissions. ASIC alleges NULIS and MLC (as the current and former superannuation trustees of NAB) misled members of MLC MasterKey Super products. The statement of agreed facts sets out the facts the parties agree ...
ASIC puts trustees on notice
ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
The Australian Securities and Investment Commission has warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. ...
Extension for super fund portfolio disclosures
ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
The Australian Securities and Investment Commission has extended the deadline for superannuation trustees to disclose their portfolio holdings. ASIC said it amended the order to provide "legal certainty" about the first reporting day, given that the ...
CommInsure eyes deferred lifetime annuities
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... also thinks that DLAs could find use in developing comprehensive income retirement products (CIPRs). Superannuation trustees are required to have a retirement income strategy in place from 1 July 2020 but are not required to offer CIPRs until 1 July ...
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