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Showing 31 - 40 of 383 results for "ISA"

UK regulator looks to simplify advice

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
... charges. Our expectation is therefore that more consumers will move some of their excess cash savings into investments within S&S ISA wrappers," the FCA said. In the UK, the average adviser charges between 1% to 3% of the investment sum, but consumers ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... supplementary performance tests to the detriment of product holders. Correspondingly, a submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products. "It's not clear why it's ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... the opportunity to invest their super in accordance with their religious beliefs." A submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products covered by the legislation. "It's ...

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... current pause on including Choice products, at least for the time being. This is in stark contrast to Industry Super Australia (ISA) which has advocated for expanding benchmarking to all APRA-regulated products - including Choice products, as soon as ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
A Frontier Advisors report ' Super in the Economy ' commissioned by ISA says that affordable housing's longer-term leases backed by government guarantee and low vacancy rates will deliver stable long-term returns that are resistant against ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
Industry Super Australia (ISA) says the Your Future, Your Super performance test results show many poor performing super funds, particularly retail, have gamed the system, leaving members worse off. "Dud super funds manipulate fees and reclassify investment ...

Centuria launches new unlisted industrial fund

CHLOE WALKER  |  TUESDAY, 8 NOV 2022
... strategically positioned to service a significant North Queensland catchment area including Cairns, Townsville, and Mount Isa, he added. "Centuria continues to seek out strategically located, fit-for-purpose industrial assets that are underpinned by ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... testing extended from 12 to 24 months. Further, access to the downsizer scheme will be expanded to those aged 55 to 59. However, ISA said the government did not take the necessary action to fix the average $4.7 billion a year in unpaid super like it ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched out of the super funds that failed the performance test. However, 850,000 members ...

A strong super system cushions the economy: ISA

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
An Industry Super Australia (ISA) report has called the pool of national savings created by the super system a key strength of the Australian economy and the envy of the world. According to the report, in periods of economic uncertainty and market volatility ...