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Showing 151 - 160 of 249 results for "Member outcomes"

Regulators praise super law reform

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... and include expanding ASIC's role as conduct regulator while retaining APRA's role as the prudential and member outcomes regulator in superannuation. ASIC commissioner Danielle Press said: "ASIC and APRA have a shared commitment to improving ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... regulator APRA called for the creation of superannuation performance tool by the end of 2019 which focused on member outcomes. Late last year, APRA released its long-awaited heat map for MySuper products. However, Bucknell said TTS' new tool is very ...

GROW Super boosts executive leadership

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... TINA aimed to reduce costs and improve operational efficiencies so funds had more control over the delivery of member outcomes. Gee - a former KPMG partner - was unveiled as GROW's head of strategy last May, and spoke at the time of the opportunity ...

Government fund appoints new chair

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... and launched its own insurance business QInsure. "He has set high standards and continued the strong focus on member outcomes," Pennisi said. Sunsuper and QSuper are currently considering the possibility of a merger which the latter's chief executive ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
... "If the system for selecting default funds changes, or if funds fail to meet the tests under either of APRA's Member Outcomes or ASIC's Design and Distribution Obligations, they could have outflows of members," it said. "Arguably, many funds would fail ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... morning, demonstrates the lead large industry super funds have over their retail counterparts when it comes to member outcomes. Just 15 of the 96 MySuper products managed to score white cells across all categories of performance. Of those products, 12 ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... demonstrate the performance of MySuper products across fees and costs, investment performance, and the sustainability of member outcomes. According to Rowell, the move intends to address Australia's "underperforming tail" of superannuation products. ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... Byres said. Ahead of APRA publishing the full superannuation heat map, Byres said the goal is to help drive better member outcomes by "shining the light" on MySuper products that need to improve. "For the past couple of years, we have been focused on ...

Tasplan chief to exit, merger confirmed

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... merging now, MTAA Super and Tasplan have chosen to be on the front foot and stay in control of our destiny, and member outcomes," the two chairs said in a joint statement. The two funds said the combined scale will provide efficiencies that can be passed ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... Act 1992 which were originally sought in 2017 through the Treasury Laws Amendments (Improving Accountability and Member Outcomes in Superannuation Measures No. 2) bill, and will apply to new enterprise agreements and workplace determinations made on ...