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Showing 531 - 540 of 1045 results for "Productivity"

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... to balanced investors and SMSFs above these amounts are akin to balanced-growth investors," the report said. The Productivity Commission recently reported that SMSFs have broadly tracked the long-term investment performance of APRA-regulated funds, on ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness and efficiency, APRA agreed with the Commission's recommendation that persistent ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. The 686-page document, released ...

Super fund members satisfied but restless

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
... "Still, super funds cannot rest on their laurels, given the fundamental shifts that are expected to flow from the Productivity Commission and the Royal Commission," Choi said. Member guidance services are the key to further filling the satisfaction gap ...

SMSFs: Low balance, low satisfaction

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... the June 2017 figures. The decline in satisfaction is interesting in the context of the Royal Commission and the Productivity Commission's draft report, both of which brought appropriate minimum balances for establishing an SMSF into the spotlight. ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... fund has also taken the step to remove default cover for young people, as proposed in the Federal Budget and the Productivity Commission's draft report. Cover for new members under the age of 25 is now on an opt-in basis. They will then be defaulted ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... $508 billion of members' money, under the binding code. Combining the codes was a key recommendation in both the Productivity Commission report and the recent Senate standing committee on life insurance. The FSC will release a draft version of the ...

Best in show should not dampen competition: Bowen

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... Chris Bowen said it is hard to argue against a case for better-performing superannuation funds as put forth by the Productivity Commission, yet the best in show approach must be careful that it doesn't dampen competition. Speaking at the FSC Summit in ...

SMSFA slams PC draft findings

KARREN VERGARA  |  WEDNESDAY, 25 JUL 2018
The SMSF Association has slammed the Productivity Commission for labelling smaller-sized self-managed super funds as "fundamentally flawed" and for not comparing returns on a level playing field. In its submission to the Productivity Commission's draft ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... reform; and lastly, engage with a variety of stakeholders for better outcomes. Later today, a panel will address the Productivity Commission recommendations on life insurance in superannuation, featuring Productivity Commission deputy chair Karen Chester ...