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Showing 1241 - 1250 of 1264 results for "MySuper"

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ...

Get on board super reforms: Shorten

MICHELLE BALTAZAR  |  MONDAY, 1 NOV 2010
... through the reforms to superannuation that I have outlined today." Besides raising SG, he called on the industry to back MySuper, a key reform in the Cooper Review that recommends funds must have a low-cost, no-frills default fund that can be easily ...

Advisers must fight for the future, not the past: AFA

ALEX DUNNIN  |  MONDAY, 25 OCT 2010
... advice. But Tucker said, "Intra fund advice is not inferior advice. It's just different. It's why we should read upside into MySuper as it will introduce tiers of advice from minimalist through to more advanced." Tucker's perspective also reinforced ...

Full steam ahead for MySuper

RUTH LIEW  |  MONDAY, 25 OCT 2010
Superannuation minister Bill Shorten has cited Australians' concerns that super is too complex as a key reason why MySuper will be implemented as planned. Minister Shorten quoted research from Colmar Brunton that showed consumers generally find information ...

Lower fees or lose advantage: ACTU

RUTH LIEW  |  MONDAY, 18 OCT 2010
... facing the not-for-profit sector is driving down fee costs. "I think many of those reforms that are in relation to FOFA and Mysuper will potentially narrow the gap between the industry super offering and the product offering of the banks and life offices. ...

Treasury rebuffs MySuper critics

ALEX DUNNIN  |  TUESDAY, 5 OCT 2010
A major speech given by senior Treasury officials shows how critics of MySuper are missing the point that there is a fundamental shift taking place in how policymakers believe the industry should factor in behavioral economics. David Gruen, who was ...

Russell upgrades insurance

NEWS RELEASE  |  THURSDAY, 23 SEP 2010
... and operations for Russell. "However, the current default levels of cover are often inadequate. Legislative changes like MySuper are likely to exacerbate this problem with providers likely to adopt minimum legislative levels of cover rather than focusing ...

The future of super: Cooper

RUTH LIEW  |  FRIDAY, 3 SEP 2010
... joined by funds management," he said. Cooper is also optimistic about Australians' engaging with their superannuation if MySuper is adopted, and expects the number of funds to fall below 100 as consolidation continues. Insurance is another area of development ...

Nothing to fear in hung parliament

JOHN MCDULING  |  MONDAY, 23 AUG 2010
... government to continue. "If Labor is able to form a minority government, we would expect [SG] going to 12 percent, introducing MySuper and all the rest, but the Liberals have not been supportive of any of those measures," she continued. But Reynolds ...

SuperStream to deliver $20bn in savings

RUTH LIEW  |  THURSDAY, 12 AUG 2010
... on 21 August, to confront other aspects of the report that the FSC and the Opposition have been highly critical, namely MySuper. Meanwhile, the research also indicated that implementing these measures could see fees rise across some sectors of the industry ...