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Showing 541 - 550 of 568 results for "MySuper product"

Member interests and employer choice paramount

ELISE BURGESS  |  TUESDAY, 10 APR 2012
... a designated Fair Work process would not be required as an employer would be free to select any APRA regulated MySuper product," said the FSC. "This approach has the benefit of removing conflicted industrial parties from selecting default superannuation ...

MySuper should engage with lifecycling: Cooper

MELANIE TIMBRELL  |  WEDNESDAY, 28 MAR 2012
... asset allocation would be geared to growth rather than defensive assets. The issue of a set fee for a lifecycle MySuper product, however, was an issue of concern for IMCA attendees, with confusion over how lifecycle products would be fairly priced and ...

Funds remain unconvinced on lifecycle MySuper product

MELANIE TIMBRELL  |  THURSDAY, 22 MAR 2012
... Trustees. A recent survey of 40 not-for-profit funds found only 10% of funds are planning to offer a lifecycle MySuper product, with 74% of respondents anticipating the asset allocation of their MySuper product will be geared to more growth than defensive ...

APRA calls for dialogue with funds on MySuper

MELANIE TIMBRELL  |  WEDNESDAY, 21 MAR 2012
Superannuation funds thinking about offering a MySuper product should start talking to APRA now, said the regulator, who acknowledged the timeframe was tight, but said there should be "no surprises" when the draft standards are released next month. ...

PJC releases MySuper report

CLAIRE MCGREAL  |  WEDNESDAY, 21 MAR 2012
... large employer requirement of 500 or more members of the funds needs to be satisfied upon authorisation of the MySuper product, and at the end of each annual reporting period. The PJC said it was concerned the proposed "threshold test" which enabled ...

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
... registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers a MySuper product and applying personal duties to the directors of corporate trustees in their own right. It also provides details of the ...

Disclosure regulations unnecessary: FIRSTSUPER

ELISE BURGESS  |  WEDNESDAY, 15 FEB 2012
The superannuation disclosure debate and industry transparency was raised again yesterday after ASIC promised future guidance for super funds, meanwhile one super fund that already uses disclosure practices has called the actions "unnecessary". Peter ...

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
... action against a trustee. For example, a member should not be able to take action merely because, in hindsight, the MySuper product's net investment performance was not as good as that of another MySuper product," Anderson said. The submission also questioned ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... tender process. Under the proposed amendments, trustees would require a separate authorisation from APRA for each MySuper product offered, conceivably resulting in thousands of authorisations for each tailored product that is offered for a different ...

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
... clarification of the proposed new sub-section 29VN(b) which asks that super trustees of a fund that include a MySuper product conduct an annual review to ensure that the trustee is acting in the best interest of all fund members, both in and out of MySuper ...