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Showing 1 - 10 of 2782 results for %22Super Review%22

UniSuper restores online services, app

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... that the outage was not related to a breach and that at no time was member data accessed or at risk of being accessed. The super fund said the minimal data lost was "predominately related to [our] internal operating processes."

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

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... to be done by the reviewed funds some 12 months on. Yesterday, ASIC released a report highlighting the failure of several super funds to adequately monitor and question fee deductions from member accounts being made by financial advisers and licensees. ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... board to clarify the process and timing for that membership to end." "We also urgently, again, call upon the government to review the funding model of the CSLR. Not only is it completely unfair, but it is also economically impossible for the small business ...

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... all in the 12-month period, five trustees performed between one and 49 checks, while two trustees conducted more than 50. "Super trustees are responsible for members' money held within the fund. Effective trustee oversight practices can help mitigate ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving their incumbent super fund and investing their savings in high-risk property schemes, it found. These are either via platform super products offered ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... division of Russell Investments Master Trust. Following a review by Equity Trustees, the trustee for Crescent Wealth's super fund, an agreement was made with Russell Investments Master Trust's trustee to move members to the Salaam superannuation ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
Brighter Super is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options. Following a review of its investment options ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... depository services for retail and wholesale clients. JB Markets may apply to the Administrative Appeals Tribunal for a review of ASIC's decision.

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... at ASIC to an agency we have a shared interest in supporting and seeing succeed," Longo said. "Since I embarked on the review of ASIC's infrastructure and operations on my first day as ASIC chair, Warren has played a significant leadership role, particularly ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... processes in place and was reliant on CARs self-reporting issues of non-compliance. It also had no formal or documented review or audit processes to assess whether CARs were compliant. It also admitted that it conducted no discernible due diligence on ...
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