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Showing 121 - 130 of 318 results for "Member Outcomes"

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... the YFYS reforms are just one ingredient in fixing the problems within the super sector that have led to poor member outcomes. It called for the Productivity Commission's recommendation of a 'best in show' list to "inject broader, wholesale competitive ...

Nowhere has there been more change than super: Byres

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
... afforded by APRA's heatmaps and the performance test has been the single most powerful force in driving better member outcomes, shining a spotlight on underperformance, and giving flunking trustees no place to hide. However, in an industry where ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
... measurement of outcomes for members effectively, in line with Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515), better practice requires trustees to clearly define and measure service standards that balance value, quality ...

Iress wins Commonwealth Super Corp mandate

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
... Commonwealth Superannuation Corporation (CSC) selected Iress as its new technology partner in a bid to improve member outcomes, reduce administration complexity and drive down the cost to serve through a digital-first approach. On an initial five-year ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... cancelled. From September 30, this restriction will be removed. Brighter Super said this will contribute to improving member outcomes, ensuring members are covered when overseas.

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... complexity," she said. "In the long run, even in the short run, those decisions can give you better performance and member outcomes." Finally, commenting on the decision to rebrand, Farrar said it made sense as a way of unifying the fund and communicating ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... annual performance assessment." In a further statement, a BT spokesperson said: "We have worked hard to improve member outcomes, including reducing fees, and the outcome was mainly due to some periods of underperformance, particularly in the 2014-15 ...

Chant West launches platform rankings

CASSANDRA BALDINI  |  TUESDAY, 30 AUG 2022
... clients, rather than spending time on platform administration. This is an important contributor to providing strong member outcomes for platform clients," Fryer said. The adviser services component includes criteria such as the quality of the platform's ...

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... a review of the TMD would be triggered. "We recommend trustees consider how insights from complying with their member outcomes obligations (the annual outcomes assessment and business performance reviews) are incorporated into their review triggers," ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... Diversa. MobiSuper is a sub-plan of the Tidswell Master Superannuation Plan and, according to its most recent Member Outcomes Assessment, was due to be combined with Student Super's Professional Super last month. Meanwhile, ZIB has been ordered to ...