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Showing 331 - 340 of 397 results for "MySuper products"

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... current regime, employers must choose a default super fund from a limited list and while retail super funds with MySuper products can apply to be included in modern awards, industry funds overwhelmingly dominate the lists. "The expert panel must be validly ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide default superannuation to certain ...

Industry fund claims experience worse than retail: PWC

LAURA MILLAN  |  FRIDAY, 4 APR 2014
... insurance contract that needs to be renewed. This phenomenon "has quite interesting implications for the ranking of MySuper products and in a few years insurance could be the weighting tool." "If everything else is equal, the difference between industry ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... they belong to. There are 122 modern awards and each one involves a different review process. Retail funds with MySuper products are entitled to apply to be included in the lists, but industry funds dominate the selection as the application process is ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... general advice exemption are minor and will still permit the payment of commissions on compulsory super including MySuper products." The SMSF Professionals' Association of Australia (SPAA) was supportive of the amendments and its chief executive Andrea ...

MySuper authorisations reaches 117

ALEX DUNNIN  |  WEDNESDAY, 5 MAR 2014
There are now 117 authorised MySuper products with corporate funds now entering the product class. The latest information on MySuper authorisations from the regulator APRA shows that of the 17 new authorisations since December 2013 that 13 are for corporate ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... superannuation-related issue that the government is reviewing. "Abolishing the Fair Work Commission selection process for MySuper products is unequivocally the most important reform proposed in the Superannuation Discussion Paper," he told Financial ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
... major selling point that the retail funds such as BT have over the majority of industry funds is their lifecycle MySuper products. In response to the question of whether employers could be relied upon to act in the best interest of their employees (a ...

Retail funds favour lifecycle MySuper options

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
More than half of all retail funds offering MySuper products have adopted a lifecycle approach, while all but four industry funds have opted for static strategic asset allocation (SAA), according to research by Mercer. The release of the research, entitled ...

MySuper authorisations nears 100

ALEX DUNNIN  |  TUESDAY, 26 NOV 2013
There are now 97 MySuper products authorised, with all major employer super brands seemingly well positioned for the 1 January 2014 deadline. Significantly, Mercer's SmartPath and Russell's MySuper authorisations are now in place meaning that more than ...