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Showing 1051 - 1060 of 1265 results for "MySuper"

Parametric appoints new Australian CEO

MARK SMITH  |  MONDAY, 8 JUL 2013
... responsible for developing its investment solutions, particularly as the Australian superannuation industry adapts to meet MySuper - the new regulation requires fund trustees to have an investment objective to promote net returns after fee costs and ...

Last-minute Stronger Super reprieve averts "ludicrous situation"

JAMES FERNYHOUGH  |  THURSDAY, 4 JUL 2013
... after many in the industry said it was impossible to comply. The first measure to be deferred is the product dashboard for MySuper products, which has been put off until 31 December 2013. The second reprieve regards new content requirements, including ...

Corporate super advisers see revenue decline under FoFA

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
The survival of corporate superannuation advice is at stake after the recent Future of Financial Advice (FoFA) and MySuper regulatory changes have made it difficult for advisers to secure revenue. Corporate super advisers provide tendering services ...

WA Local Super gets MySuper licence

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
WA Local Super has become the first Western Australia-based super fund to be awarded its MySuper licence. The industry fund, which originally catered to local government employees but is now open to the general public, has funds under management of ...

UniSuper awarded MySuper licence

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
Superannuation giant UniSuper, which caters to the higher education and research industry, has been awarded its MySuper licence. The fund's current 'balanced' default option will become its MySuper offering for Accumulation 1, Accumulation 2 and Spouse ...

Two new MySuper approvals bring total to 43

MARK SMITH  |  THURSDAY, 27 JUN 2013
NGS Super and the Nationwide Superannuation Fund (NSF) are the latest funds to be given the green light for MySuper products. The approvals bring the total number of Australian Prudential Regulation Authority (APRA) sanctioned funds to 43 as the financial ...

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
... over-50s in the 2014-15 financial year. Also passed was law ensuring income tax relief for superannuation funds without MySuper licences when they transfer default accounts to another super fund. The most complicated bill in the quartet is the Superannuation ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... jobs," Wilcocks said. "There's a significant flow on effect." Wilcocks said that smaller industry funds unable to get a MySuper licence by the deadline will essentially be forced to merge - unless they want to challenge the Australian Prudential Regulation ...

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... federal government's Superannuation Laws Amendment Bill, granting tax relief to superannuation funds which do not acquire a MySuper licence. Under MySuper regulations, funds which do not offer a MySuper product must transfer the funds of members' who ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
... lifting the contribution cap, removing the upper age limit for contributions, Australia-NZ superannuation portability, MySuper and FOFA, and the Superannuation Charter. "A 30 year old on average earnings today will be $127,000 better off by the time ...