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Showing 31 - 40 of 64 results for "Super Performance Test"

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
Treasury has commenced consultation on adjusting how the Your Future, Your Super performance test is applied to faith-based products, releasing draft legislation. Under the legislation, APRA would be allowed to consider the religious affiliation of ...

Australian Ethical, Christian Super confirm merger

JAMIE WILLIAMSON  |  THURSDAY, 14 JUL 2022
... had a range of licensing conditions imposed on its licence following its failure of the Your Future, Your Super performance test. One of the conditions was that it must make plans to merge by the middle of this year. Australian Ethical said the details ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
The government's Treasury review into the operation of the Your Future, Your Super (YFYS) laws and MySuper performance tests has had a mixed reception. Assistant treasurer and minister for financial services Stephen Jones said the government is ...

Performance test expansion paused as government announces review

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2022
Treasury has halted the extension of the Your Future, Your Super (YFYS) performance test beyond MySuper products for 12 months while conducting a review of the laws. Minister for financial services Stephen Jones announced that the review will commence ...

Australian Catholic Super, UniSuper sign SFT deed

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... former's planned merger with NGS Super fell through following ACS's failure of the inaugural Your Future, Your Super performance test.

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The prudential regulator has clarified Canberra's Your Future, Your Super performance test by adding new answers to its website. The test applies from July 2021, to My Super products and from July 2022 to trustee-directed products. APRA said it ...

ACSRF, UniSuper confirm merger

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... discussions, shortly before the former was named as one of the 13 funds that failed the Your Future, Your Super performance test.

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
... LUCRF Super's MySuper option was among the 13 products that failed the inaugural Your Future, Your Super performance test last year. At that point, LUCRF and AustralianSuper were already discussing the possibility of merging.

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... needs of very large member segments," he explained. There remains scepticism around the Your Future, Your Super performance test too, with 77% of survey respondents saying that they think the performance test will lead to more benchmark-like returns. ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... picture of the industry." She added that, alongside the MySuper and Choice heatmaps and Your Future, Your Super performance test, increased transparency will benefit members by making it even clearer "who isn't performing and urgently needs to improve ...