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Showing 11 - 20 of 73 results for "YFYS"

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
... have more confidence in generating excess returns above the benchmark is what is important in a [Your Future, Your Super] YFYS world." Head of Robeco Australia Stephen Dennis said that enhanced indexing strategies offer advantages over traditional passive ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... Australia's retirement system. Despite recent changes to the Australian retirement system, including the Your Future, Your Super (YFYS) reforms, aggressive super fund consolidation and launch of the Retirement Income Covenant (RIC), 40% of Australian ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... "APRA's heatmaps are still struggling to come to grips with lifecycle products. Even products that passed the heatmap and YFYS performance are displaying in some metrics a sea of red," he said. "This supports the narrative that these methodologies ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
The carve out from the Your Future, Your Super (YFYS) performance test for faith-based funds has been axed by the government, despite it being an election policy. In December 2021, the government said it would adjust the performance test to account ...

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
Chant West says the dire consequences of failing the Your Future, Your Super (YFYS) performance test is outweighing the rewards for passing, causing some funds to make passing the test their primary investment focus. "We are seeing clear evidence of ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
... Economy ' report says super funds haven't invested more capital into private markets because of the Your Future, Your Super (YFYS) performance test and that there are opportunities to create further investment in the sector. Specific to super, Frontier ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... attributed the exploitation of these loopholes for the enduring gap between the best and worst performing MySuper products. In its YFYS review submission, ISA stated that in the lead up to the first round of performance tests, 35 MySuper products revised ...

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 ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... mass-market offering rather than an industry- or employer-specific fund," the submission reads. Grattan Institute said the YFYS reforms are just one ingredient in fixing the problems within the super sector that have led to poor member outcomes. It called ...