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Showing 441 - 450 of 561 results for "MySuper product"

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 ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... Public sector fund QSuper has expanded the lifecycle model to include account balance as well as age in its new MySuper product, QSuper Lifestage. While most lifecycle products focus exclusively on age, with younger members on more growth oriented strategies ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The financial services industry and the advice community have has mixed reaction to the bill introducing changes to the Future of Financial Advice (FoFA) with mixed reactions. "The Financial Planning Association is supportive of the amendments, other ...

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 ...

YBR doubles wealth management revenue

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
... and investment services business, the RetireRight superannuation fund and the Smarter Money managed fund. YBR MySuper product, RetireRight, currently has over 800 clients and over 40% of the new accounts came from direct clients. The take-up of wealth ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... that people who in theory are disengaged from super are looked after. You say then, well, everyone who's got a MySuper product is fine. But there's going to be within certain workplaces MySuper products that are tuned for them in terms of insurance ...

BT reveals post-awards strategy

JAMES FERNYHOUGH  |  THURSDAY, 20 FEB 2014
BT Financial Group will pitch its MySuper product to at least 30,000 employers via Westpac's business bank should the government proceed with its plan to take superannuation out of modern awards. Vicki Doyle, head of corporate and retail super at BT ...

Pressure mounts on super in modern awards

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
... that "[t]he government remove default superannuation funds from modern awards and allow an employer to choose any MySuper product to be the default fund for their workplace."