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Showing 191 - 200 of 217 results for "Your Future"

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... APRA's Member Outcomes legislation that was introduced in 2017. Hume went on to highlight the benefits of the upcoming Your Future, Your Super reforms, which is estimated to save members $17.9 billion over 10 years. "It is a package that will encourage ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... Commission." "We are concerned that without further consideration, and some additional steps, the implementation of the Your Future, Your Super measures may result in consequences that weaken their policy intent and lead to unintended outcomes for me ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
The government's new Your Future, Your Super investment performance benchmarking is flawed and will have unintended consequences, according to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... revoked. Federal Treasurer Josh Frydenberg unveiled the government's version of testing underperformance as part of the Your Future, Your Super reforms on budget night. Among the criteria, super funds that fail the annual APRA-administered test twice ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... began the letter notifying customers of the increase with: "You've made a great decision in choosing to protect your future should the unthinkable happen. AMP Life is the insurer of your plan and is now proudly owned and managed by Resolution Life ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... products have closed and transferred their members to better performing products." However, with the government's new Your Future, Your Super reforms heatmaps are likely to change. The new package of reforms includes an interactive comparison tool which ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... the Australian Institute of Superannuation Trustees Online Chair Forum, APRA deputy chair Helen Rowell said the 'Your Future, Your Super' reforms are aligned with APRA's agenda. "If passed by the parliament, the 'Your Future, Your Super' ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of the federal budget this week. FSC chief executive Sally Loane started the event by pointing ...

ISA warns Aussies off locking in losses

HARRISON WORLEY  |  TUESDAY, 14 APR 2020
... with the GFC, by investing in infrastructure and other things that create jobs and keep business strong. "Saving for your future is just like protecting our health now- its best done when we all come together."

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... understanding of the customer-value-proposition of super," Ross said. "Super is your money. Premiums are deducted from your future retirement savings." Press said to implement the reforms effectively; trustees need to take a member-centric approach to ...