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Showing 91 - 100 of 129 results for "SuperStream"

CGT relief passes Senate

BEN COLLINS  |  FRIDAY, 23 NOV 2012
... thousands of dollars, Vamos said. Funds can now also start working on plans for the government's back-office reform SuperStream, thanks to a provision of standards, she said. "There is a lot more work that the industry and government still need to do ...

Super reforms hasten fund consolidation

MARK SMITH  |  FRIDAY, 9 NOV 2012
Sweeping reforms such as MySuper and SuperStream, a move to drive down costs and an urgent need for funds to modernise their process will accelerate the consolidation of superannuation funds and shake out smaller bodies less able to compete, according ...

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... funds stemming from poor data quality and put the industry on notice that standards should be higher. Although the SuperStream initiatives will improve the quality of data available to trustees and their insurers over time, Jones said there were still ...

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
... said it was quick to impose a new tax on the financial services sector in the form of a $470 million levy to fund the SuperStream changes. Again the details are sketchy but the levy is real and will impact every business involved with super. "Wherever ...

MySuper to commoditise super

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
... offered within retail funds added only an extra 0.43% to fees in personal super funds. However, Rice Warner expect SuperStream to have a bigger fee impacts. "We expect that the reduction in [inactive] accounts will lead to an increase in per capita administration ...

ASIC boosts Stronger Super education program

LINDA HAUSKEN  |  FRIDAY, 27 JUL 2012
... requirements for MySuper, on self-managed super fund (SMSF) reforms and, where appropriate, on governance reforms and SuperStream changes. ASIC said it will amend existing regulatory guidance to reflect the Stronger Super reforms where necessary. These ...

StatewideSuper re-signs Bravura

LINDA HAUSKEN  |  THURSDAY, 19 JUL 2012
... employers. "Our superannuation software combined with our clearing house capability provides StatewideSuper with a SuperStream compliance solution for the processing of contributions electronically. "This allows them to receive contributions from their ...

APRA warns trustees about data integrity

BEN COLLINS  |  FRIDAY, 13 JUL 2012
... factor contributing to data issues has been a lack of common prescribed data standards within the industry, which the SuperStream reforms will now address. "Notwithstanding this, trustees have a role to play in ensuring that all existing and new member ...

SPAA brands SuperStream costs illogical

LINDA HAUSKEN  |  WEDNESDAY, 27 JUN 2012
... of Superannuation Trustees (AIST) for self managed super fund members to make significant contributions towards the SuperStream levy. Andrea Slattery chief executive officer of SPAA refuted claims the sector is not paying its fair share. She said the ...

SMSFs should pay SuperStream levy: AIST

ALEX DUNNIN  |  FRIDAY, 22 JUN 2012
Self-managed super funds are the biggest superannuation sector by dollars and will be major beneficiaries of the SuperStream reforms and so should contribute to the levy being imposed on other fund members, argues the AIST. Australian Institute of Superannuation ...