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| | | ... superannuation sector underscores most of this year's biggest stories, including the impacts of the Your Future, Your Super performance test, while the departures of some big names also caught readers' attention. That said, just as in years gone ... |
| | | | New research commissioned by the Financial Services Council (FSC) highlights the case for a mechanism to support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent ... |
| | | | ... farmland have exceeded 10% over all one-year periods since 2015, except for the period to March 2021. The Your Future, Your Super (YFYS) performance test is another investment impairment, as the lack of a clear benchmark for this asset class complicates ... |
| | | | ... $6000 or less will begin paying an administration fee of $1.50 week, or $78 a year. In accordance with the Protecting Your Super rules, the fees will be capped at 3% of the balance and anything charged in excess of this will be rebated back to the member. ... |
| | | | ... before the election that it wouldn't touch superannuation," Littleproud said. "Not only is Labor now coming for your super, Labor is also coming for the unrealised increased value of assets in a SMSF, which sets a dangerous precedent." On February ... |
| | | | ... and evaluating investment risk, modelling and managing liquidity, carrying out stress testing, assessing Your Future Your Super headroom, doing macro-economic research, managing foreign exchange risk, and implementing portfolio overlays. "So it made ... |
| | | | ... results demonstrate the need for system-wide quality testing. This year, 97 products underperformed the Your Future, Your Super test, including 96 Choice products and one MySuper offering. Collectively, the failed options hold about $4 billion in retirement ... |
| | | | AMG Super is getting out of MySuper as its product fails the Your Future, Your Super performance test for a third time. AMG Super has announced to members that it will close its MySuper product early next year. The notice was issued to members on August ... |
| | | | ... need to retire while maintaining your living standards is about 3% to 8% higher than last year," SCA said. "But if your super is in a typical balanced fund, you would have seen your balances grow by about 9% over the last year, helping to make up this ... |
| | | | ... indigenous populations. I think we can say, 'If you've lived in this postcode for five to 10 years, you can access your super at this age'," he said. "That's the attractive part of superannuation, that's how it's pitched; it's ... |
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