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

Search Results

Showing 221 - 230 of 516 results for "Your Super"

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... last year's budget though, because we're still dealing with it," Birks said, referring to the Your Future, Your Super changes introduced in the FY 21 budget. These changes are yet to be passed into law. "We had Parliament sit last week and they ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... superannuation guarantee to 12%, the gender super gap, Treasury's proposed changes to proxy voting, and the Your Future, Your Super reforms' "ministerial powers" to ban investments. She noted that while SG will increase to 10% from July 1, the ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... also receive $9.6 million over the next four years to supervise and enforce the implementation of the Your Future, Your Super reforms. A further $1.6 million will be given to Super Consumers Australia to support stronger outcomes for super fund members. ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... addition, KPMG believes the ongoing impact of APRA's heatmap will continue to drive mergers while the Your Future, Your Super measures will drive flows to mega funds because of their brand awareness. However, KPMG noted the key issues for mergers this ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
More than half of superannuation members surveyed by MLC reveal they are taking their retirement savings more seriously and are watching the stock markets more closely than ever. About 53% of the 1004 participants that took part in the survey said they ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Labor senators' dissenting report on Your Future, Your Super reforms published yesterday says the opposition can't recommend the Bill passes in its current form for reasons including its rushed start date. Senate Economics Legislation released ...

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration fees to the new performance testing for funds, an omission that was panned ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
The senate economic committee's report on Your Future, Your Super reforms has been delayed by a week, as superannuation funds await specifics ahead of the proposed July 1 start date. The senate economics legislation committee, chaired by Liberal senator ...

Include ESG in BFID: FSC

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... funds from investing in ESG-focused assets, many have argued. FSC, in its submission to the Treasury on Your Future, Your Super reforms, supported BFID. However, it wants legislation to clarify that long-term investment decisions, including those which ...