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Showing 1191 - 1200 of 1263 results for "MySuper"

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
... for registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers a MySuper product and applying personal duties to the directors of corporate trustees in their own right. It also provides details of ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
Industry fund dominance of simple, low-cost superannuation will be aggressively challenged by 'white hot' pricing competition that risks an inadequate focus on returns, according to Financial Services Council chief executive, John Brogden. Speaking ...

Disclosure regulations unnecessary: FIRSTSUPER

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
... "ASIC will take a keen interest in how disclosure will be made to members and potential members about the features of MySuper products including fees and insurance. This is particularly important for disclosure for members who will be transitioning into ...

SuperStream exposure draft a positive step

ELISE BURGESS  |  MONDAY, 13 FEB 2012
... established a Stronger Super consultation process with four working groups to implement Cooper recommendations, including MySuper, SuperStream, governance and SMSFs. While the groups were wound up in August last year, the Stronger Super group has continued ...

Latest Financial Standard iPad edition available today

RACHEL DAVIS  |  MONDAY, 13 FEB 2012
... new edition of Financial Standard we feature an exclusive first look at new industry research and the latest on FOFA and MySuper legislation. For all the latest industry news, views and regular features download the app today. Financial Standard's latest ...

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
... take action against a trustee. For example, a member should not be able to take action merely because, in hindsight, the MySuper product's net investment performance was not as good as that of another MySuper product," Anderson said. The submission also ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies. Submissions to the Parliamentary Joint Committee on Corporations ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
... their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under SuperStream, it has been possible to use Tax File Numbers (TFNs) to track down ...

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members. In a submission ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... discussion paper on prudential standards for superannuation providers released in September. The concern on fee levels under MySuper was echoed by the Corporate Super Specialist Alliance (CSSA) in a submission to the Parliamentary Joint Committee on ...