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Showing 661 - 670 of 2020 results for "Legislation"

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
... existing as a sub-plan of the Tidswell Master Superannuation Plan, Student Super, confirmed its readiness for the legislation to Financial Standard. Student Super chief executive Andrew Maloney revealed only three members of the fund are expected to ...

Sunsuper slashes fees

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... clear that funds should disclose all fees gross of tax to ensure transparency and comparability," he said. The PYS legislation has prompted other funds to increase fees and insurance premiums. GuildSuper, Childcare Super, AustralianSuper, REI Super and ...

Industry funds up premiums

KARREN VERGARA  |  FRIDAY, 28 JUN 2019
... that have recently told members to expect changes to the price of their group insurance cover in light of the new legislation. From 1 July 2019, GuildSuper and Childcare Super will apply new premiums, representing increases of about 9.2% for death, 25.2% ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
... doesn't have to be," Loane said. "The FSC believes it is vital to have an agile solution like a Moratorium which, unlike legislation, can easily adapt and change as new breakthroughs are discovered - which is why we committed to having it in place by ...

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... Institute of Superannuation Trustees pointed out that the proposed changes to SPS 515 do not align with the updated legislation. "We believe that the prudential standard must be amended to align with the legislation and must be more clearly subordinate ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... recommendations and one additional measure for the superannuation industry," the senator said. Furthermore, two pieces of legislation concerning super have been enacted. She flagged the nascent Superannuation Consumer Advocate, which was announced in ...

Former Link general manager joins Mercer

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
... Giles was most recently at Link Group, where was general manager of Rest service delivery, and general manager of legislation and regulatory reform, for over two years. Before Link, he was managing director at advisory firm APG Consulting for two years ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... along these lines are now learning a tough lesson that a press release during an election campaign is not the same as legislation," he says. Financial advisers agree, with many steadfast against making changes to portfolios. Story Wealth Management chief ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... member accounts to an eligible rollover fund (ERF) to facilitate early consolidation, but the "principal impact" of the legislation will be felt in FY20. Link did not disclose how much its earnings will be directly affected by the reforms, but forecasted ...