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Showing 51 - 60 of 73 results for "Stapling"

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds. AustralianSuper chief executive Ian Silk shot down media ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... Legislation Committee this morning, Mercer implored the government to consider a delay to the implementation of the super fund stapling mechanism slated to come into effect from July 1. In opening, Mercer senior partner and national leader for research ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... industry funds, and a law firm while working as an academic. The Your Super, Your Future reforms, which also include stapling and the new underperformance test, are yet to be voted on. The government has proposed a July 1 go-live date. The economics ...

Dexus establishes JV for Sydney building

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... Capital Diversified Property Fund. If the agreement goes ahead, the Dexus fund and AMP Capital fund would merge through a stapling transaction. However, Dexus would need agreement from the responsible entities for both funds and 50% of Dexus unit holders ...

Dexus plans merger with AMP Capital fund

ELIZABETH MCARTHUR  |  TUESDAY, 16 MAR 2021
... months of engagement with unit holders. Under the agreement, the Dexus fund and AMP Capital fund would merge through a stapling transaction. "AMP Capital Diversified Property Fund is a strategic fit with Dexus Wholesale Property Fund's existing portfolio ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... address "structural flaws in the superannuation system", the explanatory memorandum reads. The bill covers four key areas: stapling; addressing MySuper funds' underperformance; launching the YourSuper comparison tool; and the best financial interest ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... adjusted their asset allocation to be more benchmark aware." Mather said of the package, reducing multiple accounts by stapling members and increased transparency is seen as a positive but the performance benchmarking remains the biggest challenge for ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that employer schemes are potentially under threat. Prior to ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... Institute of Superannuation Trustees says the new Your Future, Your Super laws should prioritise underperformance ahead of stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation, AIST is urging the ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... reforms, which was unveiled in the 2020-21 budget, has four main components that will introduce an underperformance test, stapling, a comparison tool, as well as accountability and transparency obligations that will put trustee spending under the microscope. ...