Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 51 results for "RSEs"

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... sandbox" compared to other industries like banking or other managed investment schemes. "If we can't make it work inside of RSEs or inside of superannuation funds, it's going to be incredibly challenging for us to do the stuff that we need to ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... providing value for money for members," APRA said. However, fee reductions shouldn't be at the expense of ensuring products and RSEs remain sustainable, it added.

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... sandbox" compared to other industries like banking or other managed investment schemes. "If we can't make it work inside of RSEs or inside of superannuation funds, it's going to be incredibly challenging for us to do the stuff that we need to ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... watered down, but to be sharpened." APRA's increasingly assertive way of benchmarking super funds' performance means RSEs have no choice but to realign their asset mix and product structures to the heatmap's methodologies, Dunnin added. "The ...

'No easy answer' to ESG disclosures by super fund trustees

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... superannuation fund managers. The days of 'trust us, we'll do the right thing are gone' for good and the report prescribes that RSEs should disclose what they've done and intend to do on behalf of members.

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... suggests 24 small funds, being those with less than $10 billion, are declining and face immediate sustainability issues. "Such RSEs will likely face challenges in addressing areas of underperformance, such as high fees and poor investment returns, and ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... entity licensees, APRA clarified its position on Commissioner Hayne's Recommendation 4.14. Hayne's recommendation affects all RSEs that engage a related party to provide group life insurance, enter into a contract, arrangement or understanding with a ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... of six months after FAR's commencement or 1 July 2022. Insurers, their NHOCs and registerable superannuation entities (RSEs) are slated for a start date of 1 July 2023 or 18 months after FAR's commencement -- whichever happens later. The minister ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... tranche of draft legislation implementing much of the recommendations of the Royal Commission, including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper products. On the eve of the one-year ...

Extension for super fund portfolio disclosures

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... processes and disclosures," ASIC said. The portfolio holdings disclosure requires most Registrable Superannuation Entities (RSEs) licensees to publish information about their fund's portfolio holdings on the fund's website. "ASIC supports greater transparency ...