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Big nursing sector superannuation fund, HESTA been required by the Australian Prudential Regulation Authority (APRA) to make payments to members impacted by valuation decisions.
APRA said HESTA had agreed to make the payments related to valuation decisions made by HESTA in March 2020 at the beginning of the COVID-19 pandemic.
…CareSuper and the Meat Industry Employees Superannuation Fund (MIESF) have taken the first steps towards a merger, signing a Heads of Agreement which would see members transfer to CareSuper.
In a statement issued today, the two funds said that, if completed, it would see 17,000 members and over $1 billion…
Assistant Treasurer, Stephen Jones expects the DBFO exposure draft to be available before Christmas but a Federal Election is looming.
Betashares has unveiled its new investment platform giving retail investors access to popular ASX listed shares free brokerage fees.
INDUSTRY NEWS
ASIC has hit NAB with Federal Court action alleging the big banking group was tardy in dealing with 345 customer hardship support claims.
Cbus is not the only superannuation fund facing scrutiny over claims handling with an expert describing it as the tip of the iceberg.
The major accounting groups and the SMSF Association are standing firm on calls to end accountant certification of wholesale investors.
The top quartile active managers have outperformed across multiple categories but investors need to choose wisely.
Financial Newswire’s life/risk expert, Col Fullagar makes some helpful suggestions about wrangling clients ahead of insurance reviews.
MezFi, a Melbourne-based fintech, has launched a new blockchain-backed investor platform providing exposure to the global mezzanine finance market.
Rest has released a new video podcast to address the complexities surrounding super and increase financial awareness and education.
Chartered Accountants ANZ recruits high-profile chief economist