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Showing 231 - 240 of 514 results for "Your Super"

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... public hearings held by economics legislation committee in Sydney this morning. The hearings relate to Your Future, Your Super reforms currently before the parliament. The bill includes a proposal for superannuation trustees to be subjected to "best ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... hike to COVID-19 and government reforms, and the February 2020 hike to Putting Members Interests First and Protecting Your Super. T asplan attributed its 7% fee hike in September 2020 to PYSP and PMIF.

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... the largest outflow at 6.2%. Group risk premium inflows decreased 0.6% over the year as a result of the Protecting Your Super and Putting Members' Interests First legislation. Despite this, AIA Australia recorded 27.3% growth followed by QInsure at 3.8%. ...

Hume expands portfolio

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... has been a key player in introducing plans to remove grandfathered commissions to financial advisers, the Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
QSuper says the Your Future, Your Super bill's proposals may result in higher operational costs at superannuation funds and delays in decision-making, alongside less talent for their boards. In its submission to the YFYS consultation, the industry ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... arrangements, and fees and costs. The reporting framework now includes updates to facilitate the proposed Your Future Your Super amendments. APRA deputy chair Helen Rowell said the completion of phase one will be a major step in the regulator's efforts ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... statement back in December last year when responding to the Morrison government's announcement of the Your Future, Your Super reforms package. ISA had said the reforms package will benefit the big banks and for-profit super sector allowing them to take ...

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
The Protecting Your Super Package legislation which asked super funds to hand over inactive accounts to the Australian Taxation Office (ATO) has returned $4.3 billion to members in about 17 months. Between 1 November 2019 and 28 February 2021, nearly ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation currently sitting before parliament, will force trustees to prove they are acting in the best financial interests ...

Women need to rebuild super: AMP

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... who have withdrawn funds as part of the early release program is to take stock now, and start taking steps to rebuild your super balance," she said. "Our super system is a purpose built, tax friendly way of building long-term retirement wealth. It's ...