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Showing 191 - 200 of 346 results for "Productivity Commission"

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... of members' money, under the binding code. Combining the codes was a key recommendation in both the Productivity Commission report and the recent Senate standing committee on life insurance. The FSC will release a draft version of the Superannuation ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at the FSC Summit in Melbourne ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
The SMSF Association has slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... lastly, engage with a variety of stakeholders for better outcomes. Later today, a panel will address the Productivity Commission recommendations on life insurance in superannuation, featuring Productivity Commission deputy chair Karen Chester who wrote ...

Super fund shortlist practically advice: IOOF

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
IOOF is questioning the Productivity Commission's recommendation for a "best in show" superannuation fund shortlist, saying it is akin to providing financial advice. The ASX-listed financial services giant said it is uncomfortable with the proposal ...

New lead for Productivity Commission

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Federal Government appointed a new chair of the Productivity Commission. Michael Brennan will commence as chair from September 11, replacing Peter Harris in the role. He has been appointed for a five-year period. Brennan is the deputy secretary ...

Raiz close to super product launch

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... make voluntary contributions. The product helps address some of the key issues identified in the recent Productivity Commission draft report into superannuation - such as the multiplicity of super accounts, by simplifying how customers engage with their ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
... commissioner role, which went to Peter Achterstraat AM. "This [Walters'] appointment, coupled with the Productivity Commission, will also support our desire to lead on micro-economic reform," NSW Treasury Secretary Michael Pratt said. In his new ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... $50,000 to over $600,000 and their weekly premium costs could range from $0.45 to $7.80," he said. The Productivity Commission said it will look into default life insurance as part improving the superannuation system. Cbus told the recent Productivity ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
At a time when default superannuation is under the Productivity Commission spotlight, it is important to recognise MySuper now represents one-quarter of Australia's $2.6 trillion super system - and it's growing fast. Latest Rainmaker analysis ...