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Showing 11 - 20 of 175 results for "Choice of Fund"

Asia Region Funds Passport legislation tabled

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
Legislation to implement the Asia Region Funds Passport Bill was tabled in Federal Parliament yesterday but the Financial Services Council said there is still work to be done. Minister for Financial Services and Revenue Kelly O'Dwyer described the initiative ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... Amendment (Improving Accountability and Members Outcomes in Superannuation Measures No. 2) Bill 2017, Maroney said choice of fund would increase the efficiency of the system and remove the constraints of enterprise agreements. It is "unfair and inefficient" ...

Superannuation gets another makeover

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... the members," she said. Scheerlinck also referred to what she sees as the "unintended consequences" of extending choice of fund for members who are currently excluded but receive additional superannuation benefits under their Enterprise Bargaining Agreements ...

Super doesn't need tender system: ASFA

DARREN SNYDER  |  FRIDAY, 3 MAR 2017
... more competitive market. There are low levels of market concentration at the fund level and initiatives such as choice of fund and member investment choice have enhanced competition. The Chilean model, with only one recent round applicant, has failed ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
... Commission processes to build a merit based safety net of default funds for Australians that rely on their employer's choice of fund. The push comes as an annual review of Australia's four major banks begins at Parliament House today. Review chair, David ...

AMMA adds voice to superannuation choice

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
... Australian employees choosing their own superannuation fund. In response to the Superannuation Legislation Amendment (Choice of Fund) Bill 2016, AMMA has labeled the current ability of unions to control superannuation choice through collective agreements ...

FSC salutes choice reforms, ISA calls for more transparency

ALEX BURKE  |  FRIDAY, 18 MAR 2016
... fund transparency is required. FSC chief executive Sally Loane supported the Superannuation Legislation Amendment (Choice of Fund) Bill 2016, which will allow APRA-approved MySuper funds to enter the default super sector. "The legislation is consistent ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
... retirement future because who else is better placed to make those decisions?" O'Dwyer said. REST has highlighted that if choice of fund was available to all employees, the cost to employers in both time and money spent administering default choices "could ...

Government proposes super portfolio disclosure

DARREN SNYDER  |  THURSDAY, 10 DEC 2015
... super fund. This will extend choice to up to 40% of the estimated two million employees who do not currently have choice of fund. The change also means people with multiple jobs who may currently be forced to maintain more than one superannuation account ...

O'Dwyer outlines government superannuation push

LAURA MILLAN  |  MONDAY, 16 NOV 2015
... strategies. What it will do is provide increased scrutiny and transparency," she said. The government will also "extend choice of fund arrangements to more employees under enterprise agreements and workplace determinations made from 1 July 2016. "Not ...