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Showing 1 - 9 of 9 results for "PC Report"

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... improved or removed from the system, the proposed new means of measuring are not the ideal way to weed them out. "The PC report focused on underperformance and made no comment on the extraordinary outperformance of many Australian superannuation funds ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... strategies. As a result, Parametric said its research - which it pointed out uses modelling assumptions similar to the PC report - shows this translates into members losing an average of almost $200,000 at retirement date, based on the PC's average ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... this month, and Class as well as the SMSF Association were acknowledged. Now Class says despite the modifications, the PC Report still has some errors in its methodology for SMSF returns - namely, that PC classified non-fee expenses as insurance, interest ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
... will redefine financial advice, the PC's report paints a picture of profound market and regulatory failure. The PC report is, of course, a report to the government, not by the government. Several of the report's premises will no doubt face challenge ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
... and delivers good member outcomes should embrace competition, and by extension, the PC's proposals," he said. The PC report was published on May 29 after a two-year long examination of Australia's $2.6 trillion retirement system. It found $62 ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... efficiency and competitiveness. It agrees consumer outcomes could be significantly improved. A central finding of the PC report was that Australia's superannuation system has embedded 1.7 million Australians in an underperforming super fund. A key recommendation ...

Lift aged pension to 70: Productivity Commission

ALEX DUNNIN  |  FRIDAY, 22 NOV 2013
... improvements in this area would reduce fiscal pressures significantly," the report said. Illustrating the point, the PC report revealed that hospital costs per annum per person for someone older than 85 years are six time that for the average 50 year ...

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
... said. But opposition spokesperson Senator Mathias Cormann took the counter line, arguing the recommendations of the PC report will not resolve what he sees as the lack transparency and competition into the default fund selection process.

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
... spoke at the hearing on behalf of the Council, told Financial Standard that under options three and four of the draft PC report, the role of the Commonwealth would shift from a safeguard function to commercial assessment. "The Law Council's point is ...
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