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Showing 181 - 190 of 346 results for "Productivity Commission"

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... a group - including those in pre-retirement accumulation phase - are "surprisingly conservative." The Productivity Commission's May 2018 report notes SMSFs are inefficient compared to MySuper products unless they have at least $1 million. The SMSF Association ...

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... ways of forcing more change to the system." "Apart from the Royal Commission hearings, we've had the Productivity Commission draft report, the ASIC SMSF advice report, budget recommendations on SMSF audits, and the FASEA reforms, to name but a few ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... added. Further sectors such as energy and telecommunications services will be added over time. "The recent Productivity Commission review on Competition in the Australian Financial System reported that the average Australian household could be saving ...

Super fees outpace asset growth: Research

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The rate at which superannuation funds slug members fees is growing faster than the underlying assets being managed, latest research shows. Rainmaker Information's March quarter Benchmarking report shows members paid a total of $32 billion in super ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... balanced investors and SMSFs above these amounts are akin to balanced-growth investors," the report said. The Productivity Commission recently reported that SMSFs have broadly tracked the long-term investment performance of APRA-regulated funds, on average. ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness and efficiency, APRA agreed with the Commission's recommendation that persistent underperformance ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Super fund members satisfied but restless

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
... super funds cannot rest on their laurels, given the fundamental shifts that are expected to flow from the Productivity Commission and the Royal Commission," Choi said. Member guidance services are the key to further filling the satisfaction gap, with ...

SMSFs: Low balance, low satisfaction

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
Satisfaction with self-managed superannuation funds dropped in the last 12 months, particularly for those with a balance of less than $250,000. Latest insights from Roy Morgan show that while satisfaction with the financial performance of SMSFs is down ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... also taken the step to remove default cover for young people, as proposed in the Federal Budget and the Productivity Commission's draft report. Cover for new members under the age of 25 is now on an opt-in basis. They will then be defaulted into life ...