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Showing 11 - 20 of 196 results for superannuation industry regulations

Australia lags in global fund disclosure: Morningstar

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
... Global Investors Experience report, Australia falls behind other developed markets in terms of managed fund and superannuation disclosure requirements. Morningstar said the opaque nature of Australia's Portfolio Holdings Disclosure regulations present ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... are among the proposed changes to the Your Future, Your Super legislation Jones floated yesterday under Superannuation Industry (Supervision) Amendment (Your Future, Your Super- Addressing Underperformance in Superannuation) Regulations 2023. Changing ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... pension payments and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw a minimum pension amount based on their age when they start an income ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... According to APRA, just 4% of super fund members (43,000 people) aged between 65-69 have more than $1 million in their superannuation account. Rainmaker Information executive director of research Alex Dunnin explained only 1% of all super accounts hold ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... industry. KPMG listed market volatility, higher inflation and interest rates as the top issue for super funds. Superannuation advisory partners Melinda Howes, Lisa Butler Beatty and Linda Elkins said with global recession looking more likely in 2023 ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... more risk people, more ops people, more data, more people, and more reporting people. "Further, the role of the superannuation trustee will expand as well because they're suddenly monitoring a far broader remit than what they were previously." "When ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... the floodgates to supplementary performance tests to the detriment of product holders. Correspondingly, a submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products. "It's not ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... Australians of faith the opportunity to invest their super in accordance with their religious beliefs." A submission by Industry Super Australia (ISA) said that the performance test should be applied consistently to all super products covered by the ...

Draft SMSF auditor registration regulations to update fees, language

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... (SMSF) auditor registration regime. According to Holding Redlich partner Luke Hooper, Section 128L of the Superannuation Industry (Supervision) Act 1993 (SIS Act) prescribes the matters that those fees are payable for, in respect of approved SMSF auditors ...

Aware Super director wins Trustee of the Year

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
... and a member of its investment committee and direct assets committee. She has over 25 years' experience in superannuation in both the private and public sector, including several years APRA's predecessor, the Insurance and Superannuation Commission ...