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Showing 421 - 430 of 561 results for "MySuper product"

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... executive John Brogden said. Research found that ANZ Smart Choice Super is currently the cheapest public offer MySuper product in the market, with a 0.6% fee, while ANZ Staff Super is the cheapest fund overall. ANZ managing director of global pensions ...

Submissions open for SuperStream pass through amendments

JAMES FERNYHOUGH  |  MONDAY, 4 AUG 2014
... fund must pass the contributions data on to the correct fund. "The effect of this is that each fund that offers a MySuper product must provide a service so that an employer who has chosen the fund as their default can deliver all contributions data to ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
Banks would not legally be able to offer incentives to business bank clients to entice them into their MySuper products, the Financial Services Council has said. The statement came in response to claims from Industry Super Australia that, in the event ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
In July last year Industry Super Australia (ISA) chief executive David Whiteley stood alongside Financial Services Council (FSC) chief executive John Brogden and announced that the two wings of superannuation would be burying the hatchet. They wouldn't ...

Sunsuper prepares for end of super in awards

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
Industry super funds should ready themselves for the removal of superannuation from the modern awards system, according to Sunsuper chief executive Scott Hartley. Six months into his role at the fund, the former NAB exec told Financial Standard he thought ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in ...

Top AMP exec leaves to join BT

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
... switch their MySuper account to BT. "Across the Westpac Group brands we have eight million Australians who have a MySuper product with another provider," he said. "Melinda will bring even more focus to our product and service offering, with her understanding ...

MySuper flips members out of millions: CSSA

JAMES FERNYHOUGH  |  TUESDAY, 24 JUN 2014
... never be able to obtain again." In most cases these double-flipped members will be paying much lower fees in the MySuper product and will still have insurance cover, albeit at a potentially reduced rate. The CSSA has an interest in this matter, as flipping ...

Research contradicts group risk claims crisis

MARK SMITH  |  MONDAY, 16 JUN 2014
Price hikes widely anticipated in the super fund group risk market have not manifested in any more than a small handful of funds. That is the finding of the 2014 Rainmaker superannuation group insurance survey of 14,834 risk options offered by 206 super ...

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
... upheld his organisation's position, adding: "We want an open, competitive process which allows every APRA-approved MySuper product to compete for default superannuation contributions. "A genuinely competitive market will lead to more transparency, lower ...