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Showing 91 - 100 of 190 results for "Your Future"

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
The majority of Australians are unaware of the effects of the Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... investment capabilities and both funds will continue as actively managed portfolios. The deal follows CFS's failure of the Your Future, Your Super performance test in August alongside 12 other MySuper products. "It is important for our members that we ...

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
... workforce. Not just the workforce of 30 years ago." She then explained to the international audience that the government's Your Future, Your Super reforms also aim to address these inadequacies. Hume appeared to take a swipe at some funds when she said ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... questioning, asking EISS chair Peter Tighe about its failure of the performance test. The fund was one of 13 to fail the Your Future, Your Super (YFYS) performance test based on the performance of their MySuper options. Tighe said EISS failed the test ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... apply to individually underwritten life insurance in superannuation," The FSC said. The new standard comes after the Your Future, Your Super reforms which staples superannuation members to their fund, however some members may not be able to claim on ...

Employers unaware of YFYS, stapling: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
More than half of employers are clueless on what the Your Future, Your Super reforms - including stapling - mean and how to comply, according to new research. The study, commissioned by consumer experience consultancy CSBA and Fund Executives Association ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
After failing the inaugural Your Future, Your Super performance test, Asgard Employee Super will shutter next month, with many members being transferred to BT's Retirement Wrap. Members of the fund were actually notified ahead of the performance ...

YFYS will impact advisers too

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... chief economist Brian Parker addressed the Association of Financial Advisers' annual conference to explain what the Your Future, Your Super reforms mean for financial advisers. "These reforms are really important for our members, your clients and your ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... financial interests duty and the reverse evidential burden of proof, recently implemented as part of the government's Your Future, Your Super reforms, urging RSEs to maintain sound insurance management frameworks, and robust decision-making in the negotiation ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... leading up to his resignation, the $6 billion fund was named as one of the 13 MySuper products to fail the inaugural Your Future, Your Super performance test. Following that, the Sydney Morning Herald reported claims from unnamed former employees of ...