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Showing 11 - 20 of 26 results for "MySuper legislation"

AIST argues for fee-cap in MySuper submission

BEN COLLINS  |  FRIDAY, 18 JAN 2013
... Australian Institute of Superannuation Trustees' submission to the final tranche of the Federal Government's MySuper legislation will highlight problems with asset-based administration fees. After putting the finishing touches on its submission to the ...

MySuper tranche three clears House of Reps

BEN COLLINS  |  FRIDAY, 30 NOV 2012
Tranche three of the Government's MySuper legislation has passed with complete support through the House of Representatives, on the last sitting day for the year. Passed yesterday, the Bill contains one of the key components of the Gillard Government's ...

MySuper: industry not dead if proper action taken

LINDA HAUSKEN  |  MONDAY, 29 OCT 2012
Under the Government's MySuper legislation, it is vital for corporate super specialists to engage with their clients and focus on exited members, warns CESSA. Douglas Latto, president at the Corporate Super Specialist Alliance (CESSA) said that the ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
... today that it has released for public consultation its draft guidance for the transfer of funds under the MySuper legislation. The guidance is intended to assist registerable superannuation entity (RSE) licensees to meet their obligations under Prudential ...

Changes sent packing

BEN COLLINS  |  THURSDAY, 6 SEP 2012
... and funds would have to consider in their decisions going forward. Crew also said in his address, that the MySuper legislation would affect the relationship between insurers and superannuation. "There is a huge amount of work involved for super funds ...

MySuper flipping ban passes lower house

BEN COLLINS  |  THURSDAY, 23 AUG 2012
Tranche one of the Federal Government's MySuper legislation has passed through the House of Representatives, with some last-minute amendments. A push by Greens deputy leader and employment spokesperson Adam Bandt to stop employers gouging additional ...

CSSA calls on Treasury for MySuper clarity

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
... calls on Treasury to provide greater clarity and details on grandfathering provisions that will apply to the MySuper legislation, or move the implementation date to 2014. To date, Treasury has not released any details relating to platform superannuation ...

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
... implementation," he said. "The government has not introduced the whole package but just a few tranches of the MySuper legislation." However, he said it was quick to impose a new tax on the financial services sector in the form of a $470 million levy ...

Centralised portfolios better for tax

BEN COLLINS  |  THURSDAY, 28 JUN 2012
... whole portfolio rather than across four or five components, as well as cost, both transaction and tax." The Mysuper legislation that recently passed through parliament stipulates that trustees in APRA regulated funds must consider taxation consequences ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
Tranche three of draft MySuper legislation has raised the stakes in super governance, but the industry is looking to the consultation process to remedy long-held concerns over inequalities between the not for profit and retail sectors. The draft legislation ...