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Showing 161 - 170 of 189 results for "Stronger Super"

Super merger prompted by industry transition

ELISE BURGESS  |  MONDAY, 5 SEP 2011
... Standard the two super funds were assessing the logistics of the merger over the coming months. The Government's Stronger Super proposal is a key factor, in particular the proposed requirement for fund to achieve sufficient scale, said Lander. "It is ...

SPAA board appoints comms specialist

ELISE BURGESS  |  MONDAY, 22 AUG 2011
... Association of Australia (SPAA). SPAA said the appointment of Bowerman coincides with a peak time of the industry, as the Stronger Super and Future of Financial Advice (FOFA) reforms discuss potential consolidation for the $432 billion SMSF sector. "Robin ...

Submissions open on excess super contribution cap refund rules

ALISON BEVEGE  |  THURSDAY, 18 AUG 2011
... members from accidental breaches by providing value-add services to monitor super fund balances. "As we move towards Stronger Super there's more straight-through processing and visibility on when employers pay contributions, which will lower the risk ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
... Superannuation Funds of Australia, said greater disclosure was already on the agenda for super funds as part of the Stronger Super recommendations. "This also puts it on fund management agenda," she said. Vamos said disclosure was not the panacea everybody ...

Industry looks to draw line under reforms

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... wish our organisation had not paid any attention to it in the last 12 months." Whatever the outcome of FOFA and Stronger Super, the industry will be relieved to get on with business with an air of certainty. "These reforms have been a long time in gestation ...

Government bowing to pressure on super risk commissions

MATT WOODINGTON  |  THURSDAY, 4 AUG 2011
... the time had come for decisions and said that the government hoped to give its response to the Costello report on Stronger Super issues in the last full week of August, followed by draft legislation on FOFA next month. It also hopes to submit legislation ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... said. But the world had now changed and the requirement for operational risk reserves would be introduced with Stronger Super, she said. Stephen Huppert, partner at Deloitte, said APRA would likely set the standards and methodology for new regulation. ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
No agreement was reached by representatives of the Stronger Super Peak Consultative Group on the contentious issue of intra-fund advice, a source present at the meetings has said. The 15-member group could not reach common ground as to what constituted ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten the group's report on the MySuper reforms. The ...

Coalition, small business reject super clearing house model

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
A member of the Stronger Super Peak Consultative Group has rejected the Superannuation Clearing House model and has called for employers to be taken out of the superannuation payment process altogether. Superannuation payments should be deducted by ...