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Showing 101 - 110 of 305 results for "Productivity Commission"

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne took a hard-line against hawking superannuation products and the practices of "treating" employers in his final Royal Commission report. Hayne wants the hawking or unsolicited offer of superannuation products to be prohibited ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Commissioner to begin "as soon as reasonably practicable." An APRA capability review was also recommended by the Productivity Commission in its final report into superannuation competition and efficiency. The Government's official response said it ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Parametric have taken the final Productivity Commission report into superannuation to task in its latest research report. According to the firm, the PC missed an opportunity to highlight how super members retiring on after-tax returns are penalised ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
Nearly two weeks after the Productivity Commission unveiled its final report, has its push to overhaul the superannuation system fallen on deaf ears? Two legal experts discuss what could happen next. Following a three-year review that produced 31 recommendations ...

Industry funds dominate member satisfaction

KANIKA SOOD  |  TUESDAY, 22 JAN 2019
... Macquarie (63.7%) and HOSTPLUS (62.5%). Best in show must factor in member ratings Roy Morgan said the Productivity Commission's recommendation to create a list of 10 best-performing super funds as default options for new workers must take into account ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The Productivity Commission's final report quoted SMSF costs at "close to double" of the actual cost of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different ...

BT launches new managed accounts offerings

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... the firm's general manager of superannuation Melinda Howes, recently weighed into the debate over the Productivity Commission's proposed best-in-show default superannuation fund shortlist, saying there was merit in the idea.

Kelly O'Dwyer to leave parliament

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... With the Government awaiting the release of the Royal Commission's final report before implementing the Productivity Commission's findings, the former Minister for Revenue and Financial Services could yet wield further influence over the wealth industry ...

ASIC seeks new default super partner

JAMIE WILLIAMSON  |  FRIDAY, 18 JAN 2019
ASIC is on the hunt for a new default superannuation fund for employees but smaller funds need not bother applying. In tender documents the corporate regulator specified it will only consider bids made by super funds with at least $10 billion in assets ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... fair and reasonable, some readers supported the proposals while an equal number disagreed with it. The Productivity Commission released its final report last Wednesday, culminating a three-year review that sought to improve the efficiency and competitiveness ...