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Showing 91 - 100 of 513 results for "Your Super"

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... updating the benchmarks and extending the testing period. These are among the proposed changes to the Your Future, Your Super legislation Jones floated yesterday under Superannuation Industry (Supervision) Amendment (Your Future, Your Super- Addressing ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... "Importantly, member super savings and the fund's assets remain secure on a separate platform. We can confirm that your super savings are secure and have been secure at all times," NGS Super said. However, some data was taken during the breach, and ...

The four stages of retirement

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
... have a new wonderful golden life." In the fourth stage, Kuestenmacher said: "You have a new purpose and if you manage your super savings, the right way, you even have the money that you need for it." At the end of the day, Kuestenmacher said, that's ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
The cost to pay superannuation contributions on Commonwealth Paid Parental Leave (PPL) has been estimated to be about $200 million per year. The government's objective of superannuation and the accompanying discussion paper that fails to mention ...

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
... we can have more confidence in generating excess returns above the benchmark is what is important in a [Your Future, Your Super] YFYS world." Head of Robeco Australia Stephen Dennis said that enhanced indexing strategies offer advantages over traditional ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... monitoring fund underperformance. While most of the focus has been on MySuper products, following the Your Future, Your Super review, APRA will be prepared for an iteration of the performance test for choice products in 2023, Ellis adds. Meanwhile, ASIC ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... Australia's retirement system. Despite recent changes to the Australian retirement system, including the Your Future, Your Super (YFYS) reforms, aggressive super fund consolidation and launch of the Retirement Income Covenant (RIC), 40% of Australian ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... providing a valuable service. Slater and Gordon launched legal proceedings against the bank in 2019 as part of its Get Your Super Back campaign. The law firm's special counsel Nathan Rapoport said the case alleged BT prioritised Westpac Life's ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... value. It's important that APRA updates this data as soon as possible in 2023." He concluded that the Your Future, Your Super (YFYS) review is an opportunity to strengthen the progress made to ensure all poor products merge, exit the market or dramatically ...