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Showing 511 - 520 of 562 results for "MySuper Product"

Media super ups disclosure, lodges MySuper application

BEN COLLINS  |  TUESDAY, 29 JAN 2013
... overhaul of Australia's retirement system called Stronger Super, means that pension funds that want to offer a MySuper product need to apply to the prudential regulator for a license. "The Board and Executive team have undertaken extensive planning and ...

Super funds argue against unfair fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
... funds might encourage members with big balances to swap into choice investment options, rather than the default MySuper product. Vamos said at least one of its member superannuation funds had called its members with big balances and suggested they swap ...

AIST argues for fee-cap in MySuper submission

BEN COLLINS  |  FRIDAY, 18 JAN 2013
... members are fair and equitable and that some members do not end up paying more in MySuper than they might in non-MySuper product," said AIST project manager David Haynes. AIST, which had made submissions to every stage of the Government's Stronger Super ...

APRA releases final Prudential Standard for MySuper transition

MARK STORY  |  THURSDAY, 13 DEC 2012
... superannuation industry. SPS 410 sets out requirements for the movement of accrued default amounts into a suitable MySuper product before 1 July 2017. This Prudential Standard establishes requirements for an RSE licensee to maintain adequate financial ...

MySuper perceived as re-badging exercise

BEN COLLINS  |  THURSDAY, 22 NOV 2012
After engaging with the superannuation industry, it is obvious that there are a wide variety of responses to MySuper product design, said Bravura Solutions' head of product. Many funds are just treating MySuper as a chance to re-badge the default scheme ...

Don't ignore Lifecycle Funds: Mercer

BEN COLLINS  |  TUESDAY, 13 NOV 2012
... funds by regulatory change, he said a lot don't want to do much more than "re-badge" a default option for their MySuper product. Mercer's Corporate Super Trust launched a default Lifecycle Fund in July last year, and "pretty much all four of the big ...

APRA changes to Super data collection unrealistic: IQ Group

MARK STORY  |  WEDNESDAY, 7 NOV 2012
APRA has proposed to increase its information held about investments for each fund, raising the data items requiring reports from 900 to approximately 4,000 data elements. Funds will need to incorporate new and more sophisticated data management capabilities ...

PC hands down final default super report

ALEX DUNNIN  |  MONDAY, 15 OCT 2012
The Productivity Commission has handed down its report into default superannuation arrangements, coming down largely in favour of the status quo but supplemented with improvements to the selection process and competition between funds. Its core recommendation ...

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
... 2012. This prudential standard sets out requirements for the movement of accrued default amounts into a suitable MySuper product before 1 July 2017. Consultation on the draft guide closes on 5 November 2012 and the final guide is expected to be ready ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
... proposed final Prudential Standard sets out requirements for the movement of accrued default amounts into a suitable MySuper product before 1 July 2017. APRA Deputy Chairman Ross Jones said that although the legislation is yet to be finalised, APRA is ...