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| | | ... 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 ... |
| | | | 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 ... |
| | | | ... "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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
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