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Showing 1201 - 1210 of 1263 results for "MySuper"

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
... contravenes scale requirements and the need for better protection for super funds, members and employers if the cancellation of MySuper authorisations by APRA should ever occur. AIST also asked for the annual determination of scale to be part of a fund's ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... covenants for registrable superannuation entity (RSE) licensees, applying new duties to trustees of an RSE that offer a MySuper product and applying personal duties to the directors of corporate trustees in their own right. The bill deals with APRA's ...

Christmas deadline for FOFA clarity: ANZ

CLAIRE MCGREAL  |  WEDNESDAY, 7 DEC 2011
... month transition period to give the industry time to properly implement the changes. ASFA also raised the issue of the MySuper implementation, which was only tabled in parliament on November 3, and called for both FOFA and MySuper to be considered in ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
... Parliamentary Joint Committee (PJC), the Association of Superannuation Funds of Australia (ASFA) also called for both the FOFA and MySuper legislation to be considered in conjunction with each other. ASFA boss Pauline Vamos said that while it supported ...

MySuper Mythconceptions

ALEX DUNNIN  |  TUESDAY, 22 NOV 2011
MySuper continues to generate hysteria among some superannuation industry commentators and it's time to remind ourselves what it is and, more importantly, what it is not. MySuper is the government's response within its StrongerSuper reform package to ...

Latest Financial Standard iPad edition available today

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
In the new edition of Financial Standard we feature the introduction of MySuper legislation, a review of the recent ASFA conference and proposed regulations for ratings houses. For all the latest industry news, views and regular features download the ...

MySuper rings alarm for Corporate Super

CLAIRE MCGREAL  |  MONDAY, 21 NOV 2011
Corporate superannuation advisers have voiced their concerns over MySuper measures, claiming they would ultimately deter corporate fund members from engaging with their retirement savings. The government's MySuper proposals seek to establish a low cost ...

Doubt over CGT relief delaying fund mergers

RACHEL DAVIS  |  MONDAY, 21 NOV 2011
... basis, the industry says a more concrete policy is needed if mergers are to proceed before 1 July, 2013 - the date at which MySuper can be offered for the first time. "MySuper is why so many funds are considering mergers. While the Government is encouraging ...

Illiquid assets boost returns: APRA

ALEX DUNNIN  |  TUESDAY, 8 NOV 2011
... not-for-profit funds, undermining criticisms from some sectors of the retail super fund community that super funds and MySuper funds in particular should not invest into illiquid assets. These different approaches to the asset structure are further reflected ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ...