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Showing 441 - 450 of 568 results for "MySuper product"

CBA wants Senate to fix corporate super advice

LAURA MILLAN  |  MONDAY, 12 MAY 2014
Commonwealth Bank (CBA) has expressed concern that the ban on conflicted remuneration will affect corporate superannuation advisers and has asked the Senate inquiry into the Future of Financial Advice (FoFA) to find a way to solve the issue. The bank ...

Equip to launch pension version of MySuper

JAMES FERNYHOUGH  |  FRIDAY, 9 MAY 2014
... executive Danielle Press has revealed. The product is designed to be a default pension fund for members in the MySuper product. Its development preempts a possible move to extend the MySuper regime to the retirement phase. Speaking at the Australian ...

'Choice' dashboard, portfolio disclosure delayed to 2015

ALEX DUNNIN  |  TUESDAY, 6 MAY 2014
... introduction of the portfolio holdings disclosure regime will be delayed 12 months to July 2015. Rollout of the MySuper product dashboard is unaffected by the announcement. The delay is in response to government and industry concerns that the choice ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ...

Bring in Chilean-style super tender process: Grattan Institute

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
... engaged account holders continue to be charged higher fees." Nor does MySuper solve the disengagement issue. "The MySuper product may help those who want to compare superannuation products, but find it hard to do so. However, there are few in this category. ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
The Financial Services Council's (FSC) request to review the constitution of the Fair Work Commission (FWC) expert panel on super and awards has met with opposition from Industry Super Australia (ISA). The FSC questioned the validity of the FWC expert ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... to become a major player in employer superannuation up a notch, integrating its business banking services and MySuper product on its online banking tool, NetBank. The integration of the two services will make it easier for CBA business clients who have ...

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

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... government is looking to take the FWC out of the process altogether, meaning employers will be free to choose any MySuper product as their default fund. Both Westpac and Commonwealth Bank of Australia have stated that in a post-awards environment, they ...

Industry fund claims experience worse than retail: PWC

LAURA MILLAN  |  FRIDAY, 4 APR 2014
The claims experience at industry superannuation funds has deteriorated in recent months and is now worse than in retail funds, PriceWaterhouseCoopers partner Barry Rafe said. Speaking at the Financial Services Council 2014 Life Insurance Conference ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... the Financial Systems Inquiry to remove super from awards and to amend legislation so employers can select any MySuper product as the default fund for their employees. In a submission to the Murray inquiry, CBA said that "the process to select default ...