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Showing 141 - 150 of 189 results for "Stronger Super"

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... large employer." The FSC submission holds the draft policy announced in November 2011 is inconsistent with the Stronger Super Information Pack, issued by Minister for Financial Services and Superannuation, Bill Shorten in September 2011. The Information ...

REST and AAS sign five year deal

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
... work will increase standards across the industry," said REST Industry Super chief, Damian Hill. In light of the Stronger Super reforms, REST and AAS plan to move more employers to pay super contributions electronically, as well as introduce measures ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
... super funds are still recovering from the three big hits of 2011, that is the Future of Financial Advice reforms, Stronger Super and the commitment to an increase the superannuation guarantee to 12%, Boal said they also need to prepare for new issues ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
... Australia's free trade agreements". AMP also called for the FOFA legislation to be considered in conjunction with the Stronger Super Bill, which it said were "inextricably linked". While reiterating AMP's support for the principles of the FOFA reforms ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... workplace level in response to the level of services required by members is the preferred solution of the CSSA. The Stronger Super proposal to restrict members' withdrawal from life and disability insurance to 90 days also came in for criticism in the ...

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
The second tranche of Stronger Super is in need of more clarity, according to AIST in its submission on the Bill, with calls for clearer terminology and the legal boundaries of trustees. Submissions are being accepted from industry participants on the ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
... Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
... of super fund members will be paying for an advice service they will not receive. This runs against all of the Stronger Super/Cooper and FoFA reform principles. We cannot support a framework that creates two levels of transparency for financial advice," ...

Qantas Super names new chief exec

CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
... including continuing uncertainty and volatility in investment markets, as well as a raft of regulatory changes with the Stronger Super, and changes in the regulation of the industry with APRA taking on new prudential standard making powers. How our fund ...

Paul Costello appointed to AIA Australia board

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
The former chair of the Stronger Super Peak Consultative Group and the inaugural general manager of the Future Fund has been appointed to the board of AIA Australia. As non-executive director, Paul Costello will provide the life insurance firm with ...