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

Search Results

Showing 11 - 20 of 784 results for super kanika sood

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... way to spark fear and confusion among members," ASFA chief executive Martin Fahy said in post-result comments. Meanwhile, Super Consumers Australia director Xavier O'Halloran said it did not matter if consumers knew by how much their funds passed ...

ABPs alone won't meet retirement income covenant: Knox

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
Mercer's David Knox says super funds won't be able to meet the Retirement Income Covenant's requirements via account-based pensions alone and will have to look at other solutions. The government's latest guidance on the Retirement Income ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... from the government gives it a "strong credibility" signal. Financial Standard is the official media partner of AIST's Super Investment Conference for 2021. Click here to subscribe to AIST's newsletter.

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... regulator is open to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference, Ellis said APRA can change the indices either via ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
QIC has appointed a new chief investment officer for its $58 billion state investments team, as the incumbent retires. Allison Hill succeeds Jim Christensen who is retiring after five years with the firm. Hill joined QIC in January 2018 after working ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... officer Debbie Alliston announced her resignation. She was replaced by former chief investment officer of Equip and Catholic Super Anna Shelley. In all, the 27-strong MAG team has lost 12 members in the last two years, including internal movements, according ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future, Your Super legislation is due to hand out its results to superannuation ...