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Showing 161 - 170 of 214 results for "Your Future"

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... the superannuation guarantee to 12%, the gender super gap, Treasury's proposed changes to proxy voting, and the Your Future, Your Super reforms' "ministerial powers" to ban investments. She noted that while SG will increase to 10% from July 1 ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... efficiency. APRA will also receive $9.6 million over the next four years to supervise and enforce the implementation of the Your Future, Your Super reforms. A further $1.6 million will be given to Super Consumers Australia to support stronger outcomes ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... 171 to 154. In addition, KPMG believes the ongoing impact of APRA's heatmap will continue to drive mergers while the Your Future, Your Super measures will drive flows to mega funds because of their brand awareness. However, KPMG noted the key issues ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Labor senators' dissenting report on Your Future, Your Super reforms published yesterday says the opposition can't recommend the Bill passes in its current form for reasons including its rushed start date. Senate Economics Legislation released ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration fees to the new performance testing for funds, an omission that ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The senate economic committee's report on Your Future, Your Super reforms has been delayed by a week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator ...

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... superannuation funds from investing in ESG-focused assets, many have argued. FSC, in its submission to the Treasury on Your Future, Your Super reforms, supported BFID. However, it wants legislation to clarify that long-term investment decisions, including ...

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... from the system. Speaking at the Senate Standing Committee on Economics Inquiry into the Treasury Laws Amendment (Your Future, Your Super) Bill 2021, Cbus chief executive Justin Arter is concerned that choice funds have the most underperformance and ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... that the $203 billion super fund is advocating for a top 10 best-in-show MySuper list to be embedded in the pending Your Future Your Super bill. He told yesterday's Senate Economics Legislation Committee discussing the new legislation that members ...