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Showing 11 - 20 of 20 results for "MySuper licence"

LGS takes stand on Bangladesh, gains MySuper licence

ALEX DUNNIN, JAMES FERNYHOUGH  |  THURSDAY, 11 JUL 2013
Local Government Super NSW (LGS) has become the first fund in Australia to sign on as a supporter of the 'Investor Statement on Bangladesh,' while also being latest fund to be authorised to offer a MySuper product. LGS has joined over 190 global shareholders ...

WA Local Super gets MySuper licence

JAMES FERNYHOUGH  |  TUESDAY, 2 JUL 2013
WA Local Super has become the first Western Australia-based super fund to be awarded its MySuper licence. The industry fund, which originally catered to local government employees but is now open to the general public, has funds under management of ...

UniSuper awarded MySuper licence

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... Superannuation giant UniSuper, which caters to the higher education and research industry, has been awarded its MySuper licence. The fund's current 'balanced' default option will become its MySuper offering for Accumulation 1, Accumulation 2 and Spouse ...

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
The federal government's superannuation reform agenda is complete following the passage of four bills through the Senate last night. Included in the new laws (listed below) was an increase in concessional contribution caps to $35,000 for people over ...

Coalition pledges support for super laws amendments bill

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... government's Superannuation Laws Amendment Bill, granting tax relief to superannuation funds which do not acquire a MySuper licence. Under MySuper regulations, funds which do not offer a MySuper product must transfer the funds of members' who hold a ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... Wilcocks said. "There's a significant flow on effect." Wilcocks said that smaller industry funds unable to get a MySuper licence by the deadline will essentially be forced to merge - unless they want to challenge the Australian Prudential Regulation ...

HOSTPLUS awards custody tender to Citi, gets MySuper licence

ALICE URIBE  |  TUESDAY, 23 APR 2013
... invest in its underlying investment platform. Today HOSTPLUS also announced that it had received approval of its MySuper licence by the financial services regulator Australian Prudential Regulation Authority (APRA). HOSTPLUS chief executive David Elia ...

AvSuper gets MySuper approval

LAURA MILLAN  |  WEDNESDAY, 13 MAR 2013
The Australian Prudential Regulation Authority (APRA) awarded superannuation fund AvSuper with a MySuper licence, the super fund announced yesterday. Under the new licence, AvSuper will be able to offer members a MySuper option wich includes a single ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
... products being appointed as default funds in industrial awards. But given the four year introduction period, the low MySuper licence application rate may suggest few funds see much of an 'early mover' advantage particular given many funds are expected ...

Industry backs MySuper reforms

MICHAEL HOBBS  |  MONDAY, 2 AUG 2010
... funds of all shapes and sizes to offer MySuper products. Reynolds said most not-for-profit funds would apply for a MySuper licence. "MySuper is not just about super for the 'disengaged'. Arguably it will also deliver super for the 'thinking' man or woman ...
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