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Showing 171 - 180 of 575 results for "Directed"

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... 80 MySuper products, out of the thousands of superannuation products available to consumers. From July 2022, trustee-directed products will also face the test. However, "trustee-directed" products definition doesn't include many Choice products, meaning ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... open to exploring changes next year but added the number of funds it will look at next year is much higher, as trustee-directed products face their first test alongside the second round for MySuper products. "This was the first time we've done it ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... test by August 31 under the new Your Future, Your Super reforms. The first round covers MySuper products alone. Trustee-directed products will face the test from July 2022. In the July 30 letter, APRA said ahead of undertaking the first performance test ...

Super fund reporting, auditing reform consultation opens

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
... enable regulators' oversight of superannuation funds," Hume said. "$1 in every $10 Australians earn is compulsorily directed into superannuation. The Morrison government continues to reform the sector to be more transparent, efficient and fit for ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... sale of its MLC Wealth Business to IOOF with its retained wealth businesses focused on servicing high net worth and self-directed segments, through its Private Wealth division," it said in ASX filings. "NAB will review opportunities to extend its private ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products will face the test from July 2022. In the July 30 letter, APRA said ahead of undertaking the first performance ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... control over how their hard-earned money is invested," Winters said. "Australia has a well-established history of self-directed investing that is in stark contrast with our habit of defaulting into black box super funds. Most people consider the barriers ...

Adviser ETF use grows

ANNABELLE DICKSON  |  TUESDAY, 29 JUN 2021
... now invested across our ethical range," Vynokur said. "There has been strong demand for this kind of solution from self-directed and advised investors alike. Advisers are responding to this demand. We expect the trend of increasing adoption of responsible ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... has few employees in front-facing customer roles and vaccination is not mandated, it will not provide paid leave unless directed by state and/or federal governments to do so. However, many of those that the FSU said declined made additional leave available ...

Advisers turn to ETFs during COVID

KARREN VERGARA  |  MONDAY, 21 JUN 2021
... they are focused on executing on a strategy. That's why we didn't see the trading frenzy like we did in the self-directed segment," Stewart said. At the height of COVID-19, Stewart said that advisers stuck to their strategies and stayed the course ...