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Showing 11 - 20 of 66 results for "Stapling"

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... failure and constraining the trustee's ability to meet its members' objectives," he said. Jones admits that the stapling measures can be improved. "There are concerns with the systems, legal framework and outcomes of stapling that are generating ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... $20,000 from their accounts, making many providers vulnerable, Rainmaker Information executive director Alex Dunnin said. Stapling, which kicked off in 2021, tied young members to the first superannuation fund they joined and also made it harder for ...

Stapling's consequences must be addressed: Cbus

ANDREW MCKEAN  |  MONDAY, 14 NOV 2022
Cbus has recommended that the stapling provisions in Your Future, Your Super (YFYS) laws be urgently addressed to reverse the uninsurance risk for workers in hazardous occupations. In its submission, Cbus said stapling reforms have led to many members ...

Life after legalsuper: Proebstl

ELIZABETH FRY  |  FRIDAY, 11 NOV 2022
... scale. Funds have also used investment performance to build their brands and to attract and retain members," he said. "Stapling has changed the way funds attract members and there is a significant opportunity for funds to further differentiate themselves ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... ready to move, so we think out of the gates we'll have some strong flows," Lovett said. While he admits the recent stapling laws present a challenge, Lovett said it's all about perspective. "In the short term, yes - stapling is a potential barrier ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... including single-sector, externally managed, member-directed and retirement products. Finally, Grattan Institute said stapling should be implemented in full, but investment will be needed. "Investments to streamline the process will ease the burden on ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... be $225,000 worse off at retirement. ISA warned that further losses could accrue because of the previous government's stapling reform that can tie members to failing funds unless they act. As previously reported by Financial Standard, YFYS stapling requirements ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... measure of the quality of the service," Watson says. Aside from wrestling with service quality, sustainability, costs and stapling, the rollout of ESG remains a challenge. "We find that not all managers have embraced the integration of ESG into investment ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... of indices reduce choice for members; and what are the longer-term impacts on market dynamics. The application of the stapling process is also being considered, including specific feedback as to how it's operating at the workplace level and in conjunction ...

Financial product registrations up 30%

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... super investment options. As previously reported by Financial Standard, Your Future, Your Super reforms, particularly stapling and the annual performance test, have put pressure on segments of the super sector. KPMG forecasts that pressures on certain ...