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Showing 271 - 280 of 318 results for "Member Outcomes"

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No 1) Bill 2019, which passed on April 4, strengthens APRA's power following criticisms it ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
... McMahon accused the Government of "preferring politics over policy," by refusing to support ALP amendments to the member outcomes bill before parliament, which would have forced super funds to report their performance for comparison with others. "Labor ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... included an attachment outlining APRA's areas of focus for 2019 to 2020. These include assessing and improving member outcomes, trustee board capabilities and culture, risk governance, conflicts of interest, data and reporting, accountability and remuneration ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... enforcement powers however is hampering its new initiatives. Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Bill 2019, which gives APRA greater power to take civil penalty action against trustees ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
... outlined three specific plans. It is headlined by a plan to ensure trustees are prepared to implement the new member outcomes assessments from July 1. The prudential regulator also flagged its plan to complete the post-implementation review of the prudential ...

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... welcomed the prudential regulator's ability to more forcefully pursue trustees it feels are not delivering quality member outcomes. "Further consolidation in the industry is a likely product of this work. It is difficult to argue that Australia needs ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
... opportunity still unexploited for most funds," she said. "The Productivity Commission laid down some paths to better member outcomes, including higher returns and lower fees, which make sense in theory but are controversial in practice. Our message is ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... members with a more personal, individual narrative of their super journey," she said. "Importantly, improving member outcomes is at the heart of these successful campaigns."

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
APRA has finalised new measures aiming to strengthen superannuation member outcomes that will take effect from 1 January 2020. Among the initiatives, the regulator will require RSE licensees of MySuper and choice products to assess, annually benchmark ...

AIST awards innovative achievements

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
... with a more personal, individual narrative of their super journey," Scheerlinck said. "Importantly, improving member outcomes is at the heart of these successful campaigns."