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Showing 1131 - 1140 of 1263 results for "MySuper"

MySuper: industry not dead if proper action taken

LINDA HAUSKEN  |  MONDAY, 29 OCT 2012
Under the Government's MySuper legislation, it is vital for corporate super specialists to engage with their clients and focus on exited members, warns CESSA. Douglas Latto, president at the Corporate Super Specialist Alliance (CESSA) said that the ...

AvSuper chairman to step down

MARK SMITH  |  TUESDAY, 23 OCT 2012
... post retirement pension products and worked closely with Australian Prudential Regulation Authority to put in place a MySuper offering for the beginning of 2013.

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
... choice would have not made employees worse off. The PC has also recommended that default fund selection be open to all MySuper products and not subject to a quota. The PC has recommended this new regime should be reviewed in 10 years time. Minister Bill ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
... regulator announced today that it has released for public consultation its draft guidance for the transfer of funds under the MySuper legislation. The guidance is intended to assist registerable superannuation entity (RSE) licensees to meet their obligations ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
APRA has released its proposed final application form and instructions for the authorisation of MySuper products and a prudential standard on the transition to MySuper. The MySuper package also includes APRA's response to submissions received on the ...

Most funds to offer default IP for MySuper

BEN COLLINS  |  TUESDAY, 2 OCT 2012
More than half of Australian superannuation funds will offer default income protection in their MySuper offers, according to a survey released at the recent AIA Australia Group Insurance Summit held in Sydney. Thirty-two executives from 26 retail and ...

APRA requirements welcomed by sector

BEN COLLINS  |  THURSDAY, 20 SEP 2012
... by APRA is long overdue and needs to be implemented as soon as possible." APRA's proposals include fee transparency on MySuper and choice products, which the FSC - which represents retail funds - urged the regulator to include in its final requirements. ...

APRA releases reporting consultation

BEN COLLINS  |  WEDNESDAY, 19 SEP 2012
... consultation paper, which includes 31 draft reporting forms and instructions. Information about each trustee, fund, sub-fund, MySuper product and select choice investment options would be required from all APRA-regulated super funds under the proposals. ...

Retail MySuper to put NFPs on back foot

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
MySuper will result in a flip in market dynamics, with the retail sector producing the cheapest default products and industry funds forced to a defensive stance on costs, a former Future Fund boss has warned. Labelling ING Direct's newly launched Living ...

Super fees are falling but only just

ALEX DUNNIN  |  MONDAY, 17 SEP 2012
... either more competition through choice or by introducing new structures, eg, the 2005 super choice reform and the 2013 MySuper reform. Rainmaker estimated that total industry fee revenue is about $17.2bn, an amount that is up 3.6% pa in the past three ...