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Showing 511 - 520 of 568 results for "MySuper product"

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, but rather than suggest MySuper is flawed policy, it highlights how it is fundamentally an internal industry issue rather ...

Combined Super gets MySuper approval

LAURA MILLAN  |  FRIDAY, 22 FEB 2013
... Combined Fund, received the authorisation from the Australian Prudential Regulation Authority (APRA) to offer a MySuper product. The industry fund for workers in education and related sectors, is one of the first funds to get an APRA authorisation, following ...

Cbus MySuper fund gets green light

MARK SMITH  |  WEDNESDAY, 20 FEB 2013
Cbus, the construction and building industry superannuation fund, has received approval for its MySuper product. The super fund joins Sunsuper which became the first provider to see its MySuper offering get the nod from the regulator on 15 February. ...

No fuss transition to 'no frills' super: Sunsuper

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
... and efficient," Nicholson said. Superannuation funds that obtain the APRA authorisation will be able to offer a MySuper product from July 1st this year. From January 1st 2014, only those products that meet the MySuper standards will be able to accept ...

Anxiety over 'all-things super' takes toll on MySuper uptake

MARK SMITH  |  FRIDAY, 15 FEB 2013
The number of superannuation funds applying for a license to run a MySuper product is likely to fall well short of expectations, according to estimates from the Australian Prudential Regulation Authority. The application process for the low-cost no-frills ...

KiwiSaver up 36% to A$12.2bn

ALEX DUNNIN  |  TUESDAY, 5 FEB 2013
KiwiSaver combined funds under management reached A$12.2 billion at end December last year after posting annual growth of 36%, more than twice the growth rate experienced by Australian super funds. KiwiSaver is the New Zealand equivalent of Australia's ...

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 ...