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Showing 141 - 150 of 845 results for "ASFA"

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... will pale in significance to future failures he expects will come as a result of "fringe" advice groups. Appearing at the ASFA Conference in Melbourne last week, IPAC Securities co-founder and NAB director Peeyush Gupta said it should not be celebrated ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... not merging, saying there is simply no excuse when members' best interests are at play. Speaking on the final day of the ASFA Conference in Melbourne this morning, the Assistant Minister for Financial Services, Superannuation and Financial Technology ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced by the industry, Smith said it has been a ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... across any of the system's metrics, the regulator has revealed. APRA outlined its superannuation heat map at the 2019 ASFA Conference in Melbourne this morning, which focuses on underperforming funds but does not highlight strong performers. Speaking ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... its ousting as a default portion of the system. Appearing as part of a panel discussion about the future of super at the ASFA Conference in Melbourne, Silk promoted his belief that insurance premiums were increasing across the industry as more Australians ...

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
Superannuation executives at the ASFA Conference have learned of the challenges facing other defined contribution pension systems around the world. Kicking off the second day of the ASFA Conference in Melbourne, Challenger retirement income chair Jeremy ...

ASFA strikes back at super detractors

HARRISON WORLEY  |  WEDNESDAY, 13 NOV 2019
... Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today. Fahy took to the stage to call on the government and Treasury to release the Model of Australian ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... a simple and accurate way to solve the issue, taking into consideration a retiree's asset base and age. The rule comes as ASFA releases its updated retirement standards for the quarter, which shows a single person aged around 65 needs to spend $27,913 ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... insurance level and understand the premiums they are paying, calculate how much super is needed for retirement by using the ASFA Super Guru Retirement Tracker and use super education tools to better understand the system.

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... lifestyle worth $82,400 a year, while singles in SMSFs are on track to achieve lifestyles worth $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to achieve ...