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

Search Results

Showing 361 - 370 of 397 results for "MySuper products"

APRA to require funds to lodge 35 data forms

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
... be required to provide information describing their financial position at 'entity' level and regarding their MySuper products. New reporting levels will cover the RSE license, the RSE, defined benefits, pooled super trusts, eligible rollover funds, small ...

Active management a 2% tax drag

MARK SMITH  |  WEDNESDAY, 27 MAR 2013
... manager Parametric. Recent legislation requiring superannuation funds have an after-tax investment objective for MySuper products has increased the focus on the impact taxes have on returns. Parametric says that while active management continues to be ...

Equipsuper approved to offer MySuper

ALEX DUNNIN  |  TUESDAY, 26 MAR 2013
... authorisation. The preliminary marketing name for the product is Equipsuper MySuper, noting that only nine of the 14 MySuper products authorised so far have the product class name integrated into their product name. A statement issued by the fund said ...

Only 13 MySuper products so far authorised

ALEX DUNNIN  |  THURSDAY, 21 MAR 2013
The 1 July launch date of MySuper is just three months away and only 13 MySuper products have so far been authorised. The 13 products are those offered by AvSuper, Combined Fund, the Commonwealth Superannuation Corporation, HESTA Super, LUCRF, Media ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
... however, has given no indication it has MySuper in its sights but it has expressed concerns about the idea of MySuper products being appointed as default funds in industrial awards. But given the four year introduction period, the low MySuper licence ...

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
... thresholds to be eligible to act as a KiwiSaver fund, which is why KiwiSaver is considered as a model for how MySuper products will operate following their introduction from July this year. The largest KiwiSaver funds are offered by the OnePath, ASB ...

Super funds argue against unfair fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
... put a limit on fees, people with bigger balances will have to pay an unfair amount for the administration of MySuper products, as the cost of servicing the account does not go up in proportion with its balance after a certain point. Chief executive of ...

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
... SPS 410 MySuper Transition (SPS 410) and the final approved forms for application for authorisation to offer MySuper products and ERFs for the superannuation industry. SPS 410 sets out requirements for the movement of accrued default amounts into a suitable ...

APRA changes to Super data collection unrealistic: IQ Group

MARK STORY  |  WEDNESDAY, 7 NOV 2012
... offence penalty regime. It's understood that these new reports for APRA are multi-layered and require data about MySuper products for 'sub-funds' and for certain choice funds. There will be reporting of multiple levels of returns, including gross returns ...

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
... would have not made employees worse off. The PC has also recommended that default fund selection be open to all MySuper products and not subject to a quota. The PC has recommended this new regime should be reviewed in 10 years time. Minister Bill Shorten ...