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Showing 421 - 430 of 1044 results for "Productivity"

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... consumers don't choose a super fund outside the default safety net, but when they do, they are often worse off - as the Productivity Commission research clearly showed," Scheerlinck said. "While meaningful disclosure has a role to play, particularly ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
ASIC is warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members. The corporate regulator is urging Australians ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... Australia, which it claims costs the economy around $60 billion per year. According to the group, lost wages, decreased productivity and support services related to mental health cost businesses around $13 billion each year. Commissioner for the Royal ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... with chief executive Sally Loane adding the default once system recommended by both the Royal Commission and the Productivity Commission were too important to see pushed to one side while the review took place. "Superannuation consumers receive significant ...

Retirement income under review

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
The government has established a review into Australia's retirement income system, following through on the Productivity Commission's recommendation. Announced on Friday afternoon, the review's terms of reference will examine the three pillars ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... exacerbated by the industry resisting changes that would ensure people end up in better performing products. "The Productivity Commission proposed a suite of options, including 'best in show', which would have the immediate effect of stopping ...

It's time for super to move on: Combet

HARRISON WORLEY  |  WEDNESDAY, 28 AUG 2019
... According to the ISA chair, the arguments of the past between retail and industry super need to end, especially given the Productivity Commission "validated" industry super's rhetoric of outperformance compared to its retail counterparts. In so doing ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... diligently to help Frydenberg push through numerous legislative reforms stemming from the banking Royal Commission and Productivity Commission inquiry into superannuation. This includes the proposed conduct accountability regime, single default account ...

Association policy lead to join Treasury

ELIZABETH MCARTHUR  |  THURSDAY, 15 AUG 2019
... superannuation reforms, the establishment of FASEA and its educational and ethical standards, the Royal Commission and the Productivity Commission's superannuation review. George provided a summary and analysis of the Federal Budget for the SMSFA every ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... like-for-like comparison that focuses on risk as the key metric. The propensity for research houses, the media - and even the Productivity Commission - to use average returns as the ultimate yardstick for outperformance has drawn the ire of some that ...