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Showing 71 - 80 of 110 results for "Choice product"

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Latest research shows MySuper members are $50,000 better off at retirement compared to those invested in choice products. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... that CFS breached section 29WA and must rectify the situation. To APRA, it was clear relevant members were in a choice product (FirstChoice Personal Super) but it was not apparent which ones should be moved to MySuper. CFS did not indicate to it "intended ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... Aon Hewitt may have breached the Corporations Act with regards to three financial advisers moving clients to a choice product and out of a MySuper product. The advisers failed to provide a Statement of Advice and Financial Services Guide, and obtain ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... by ANZ's retail banking risk and compliance team that outlined the above as a key risk of selling the Smart Choice product. "Has there been any consideration given as to how many of the customers who signed up and made contributions or roll-overs ...

Super fund rationalisation painful: PwC

KARREN VERGARA  |  THURSDAY, 21 JUN 2018
The superannuation industry shouldn't underestimate the pain or amount of difficulty it will experience if the proposed rationalisation of underperforming funds eventuates, the second day of Productivity Commission public hearings was told in Melbourne. ...

FS has you covered in 2017

DARREN SNYDER  |  FRIDAY, 22 DEC 2017
... investment performance, member engagement, insurance and innovation. The fund was also awarded Personal Select Choice Product of the Year for the AustralianSuper Personal Plan, and took home the Investment Innovation and Leadership Award. FPA Professionals ...

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
The Federal Government has been forced to pull its controversial superannuation bills for the year after losing the support of key crossbench senators. The bills were reintroduced in September and, among several policies, attempt to strengthen APRA's ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
... investment performance, member engagement, insurance and innovation. The fund was also awarded Personal Select Choice Product of the Year for the AustralianSuper Personal Plan, and took home the Investment Innovation and Leadership Award. Rainmaker Group ...

SelectingSuper finalists announced

ALEX BURKE  |  FRIDAY, 20 OCT 2017
... Year, which in 2016 was won by UniSuper, which also took home MySuper Product of the Year and Retirement Select Choice Product of the Year. Rainmaker said the awards recognise the best workplace, personal and retirement products as well as acknowledgement ...

Super industry makes largest fee cuts since MySuper reforms

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
This year, the superannuation industry saw the largest fall in its total expense ratio (TER) since the introduction of the MySuper reforms - however, this varies significantly across product types and market segments. According to Rainmaker research ...