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Showing 51 - 60 of 305 results for "Productivity Commission"

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... of engagement with the system. "We continue to urge the government to enact the recommendations of the Productivity Commission and Royal Commission and implement a default once system for superannuation so that all Australians can take their super fund ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... said. "They're interested in a fund that maximises returns and as you [deputy chair Andrew Leigh] say the Productivity Commission review - which was the most authoritative and comprehensive review that's ever been undertaken of the superannuation industry ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
A new report from the Productivity Commission estimates mental ill-health and suicide is costing Australia up to $180 billion a year, or almost $500 million a day. The Productivity Commission draft report on mental health was published on October 31. ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... able to enjoy a comfortable retirement," Qantas Super chief executive Michael Clancy said. "The recent Productivity Commission and Royal Commission reports included recommendations about how the superannuation system can be improved, and the government's ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... choose a super fund outside the default safety net, but when they do, they are often worse off - as the Productivity Commission research clearly showed," Scheerlinck said. "While meaningful disclosure has a role to play, particularly for industry stakeholders ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members. The corporate regulator is urging Australians ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... executive Sally Loane adding the default once system recommended by both the Royal Commission and the Productivity Commission were too important to see pushed to one side while the review took place. "Superannuation consumers receive significant benefits ...

Retirement income under review

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... Australians live longer and the population ages." The government's announcement follows the release of the Productivity Commission report into the efficiency and competitiveness of the super system earlier this year, which called for a review of ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... by the industry resisting changes that would ensure people end up in better performing products. "The Productivity Commission proposed a suite of options, including 'best in show', which would have the immediate effect of stopping more people's ...

It's time for super to move on: Combet

HARRISON WORLEY  |  WEDNESDAY, 28 AUG 2019
... ISA chair, the arguments of the past between retail and industry super need to end, especially given the Productivity Commission "validated" industry super's rhetoric of outperformance compared to its retail counterparts. In so doing, the industry can ...