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Showing 61 - 70 of 1071 results for %22Super Consumers Australia%22

Super fund selection driven by fees: SCA

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
Australians prioritise fees and charges when choosing a new superannuation fund, according to Super Consumers Australia (SCA) research. SCA's pilot nationwide survey on Australian superannuation trends revealed that 67% of consumers consider fees ...

Drawdown reforms boosts post-retirement phase

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... that drawdown of retirement income is low, and bequests remains high, with retirees drawing down 17% less income from their super than what is considered optimal. A more efficient drawdown system will result in higher retirement consumption of $397 billion ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... demonstrated that this focus has reduced administration fees for consumers of MySuper products." Likewise, Super Consumers Australia (SCA) director Xavier O'Halloran praised the government's YFYS review for its plan to test some of the highest-free ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... 2021, but again, dropped off last year. "An area that we see driving some of these trust trends and weighing in to help consumers think about these decisions, is transparency around sustainability and ethical practices," she said. "So, these trends are ...

Super funds are lousy at communications: Strategist

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Marketing strategist Toby Ralph says super funds must overhaul their member communications, as the days of arranging cohorts by demographic are long gone. Addressing the crowd at the Conference of Major Superannuation Funds (CMSF) in Melbourne, Ralph ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... awarded, but can't be paid until the Scheme has been established," he said. "If the CSLR Bills are not passed this month, consumers will be waiting until 2024 to receive compensation." Jones aims to put the legislation over the line when parliament reconvenes ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... executives. By introducing a strengthened accountability framework, the FAR seeks to prevent misconduct that may harm consumers and the financial system. The FAR imposes four key sets of obligations, including accountability, key personnel, deferred ...

Advice complaints decelerate: AFCA

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... understand Statements of Advice (SOA), and to provide them with clarity in documentation in "plain English ensuring consumers understand the type of advice it's provided". Singh raised an interesting point with respect to the proposed SOA changes ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... Summit. On Tuesday, ASIC announced court proceedings against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading statements about the sustainable nature and characteristics of some of its superannuation ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... dropping in real terms and affecting many, many more Australians." Meanwhile, industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase ...