Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 217 results for "Your Future"

SMSFs primed for best financial interests duty

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... heavily regulated and scrutinised," he said. The new best financial interest duty is part of the government's Your Future, Your Super draft legislation package, which is causing contention across the industry. The best financial interest rules aim ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according to superannuation industry experts who spoke in a webinar, New Draft Legislation ...

Your Future, Your Super on APRA to-do list

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
The government's Your Future, Your Super reforms is one of the prudential regulator's priorities for 2021. The controversial superannuation reforms have been listed as a key policy priority for APRA this year as it prepares to support the reforms' implementation. ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
Superannuation funds are making changes to investment portfolios ahead of the Your Future, Your Super legislation which in turn could lead to more volatility and less diversification for members. Speaking at a media briefing, Schroders head of distribution ...

WTW names new head of retirement

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
... an ever-changing superannuation environment," Campbell said. "With member outcomes, government initiatives such as Your Future, Your Super and the ongoing focus on increased efficiency and value for members, our retirement team will continue find innovative ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The Australian Institute of Superannuation Trustees says the new Your Future, Your Super laws should prioritise underperformance ahead of stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... APRA did not budge on its methodology. Rowell warned underperformers to get their act together and not wait for the Your Future, Your Super's performance test to take hold to improve their products. APRA will keep the pressure on these trustees to ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
Industry Super Australia (ISA) has significantly ramped up its campaign against the Morrison government's Your Future, Your Super reforms package saying it will only serve to help dud funds. ISA said the reforms package will benefit the big banks and ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...