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Showing 931 - 940 of 1260 results for "MySuper"

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
Banks would not legally be able to offer incentives to business bank clients to entice them into their MySuper products, the Financial Services Council has said. The statement came in response to claims from Industry Super Australia that, in the event ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
... reconsider the benefits of index approaches. These trends include new regulations which emphasises cost reductions (such as MySuper), while others stem from product innovations in the indexing space, such smart beta. The new figures have come soon after ...

Banks will struggle to profit from super: Sunsuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 23 JUL 2014
... superannuation as the downward pressure on fees continues, according to Sunsuper chief executive Scott Hartley. Hartley said MySuper and increasing transparency - as well as scrutiny from the Financial System Review - is making it impossible for banks ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
... decisions - such as whether taking an income stream should be mandatory or there should be an opt-out default option akin to MySuper - may take longer. Questions such as compulsory annuitisation - which was given a prominent place in the FSI interim ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
... under-regulated retirement phase. One of these was compulsory annuitisation. The other three were: extending a default MySuper-style product into retirement; policy incentives to encourage the take-up of income streams; and amending laws to make it easier ...

FSI zeroes in on vertical advice and retirement income

LAURA MILLAN, JAMES FERNYHOUGH  |  TUESDAY, 15 JUL 2014
... measure, to encourage retirees to take income streams rather than lump sums; a default retirement income option, akin to MySuper, that retirees can opt out of; and compulsory annuitisation. The interim report also floated the possibility of maintaining ...

What happened to the ISA-FSC accord?

JAMES FERNYHOUGH  |  WEDNESDAY, 9 JUL 2014
... bank-owned retail funds are eager for this to happen, as they will be able to target their business bank customers with their MySuper products. Whiteley, however, has hope that the system as it stands will remain. "My instinct is that any government ...

Funds return 11% in May

STAFF WRITER  |  MONDAY, 7 JUL 2014
... long term segment gap is 1.3 percentage points meaning that the segment convergence that appeared immediately post the MySuper launch seems to have washed through the system. Focusing on balanced options among workplace funds rather than defaults paints ...

Sunsuper prepares for end of super in awards

JAMES FERNYHOUGH  |  THURSDAY, 3 JUL 2014
... awards, both BT and Colonial First State intend to use their business bank connections to gain new employers for their MySuper products. When asked whether he was concerned about this apparent distribution advantage that big banks have over industry ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... industries. Financial Services Council director of policy Andrew Bragg said: "Unless the advertisement compares like with like MySuper products, they will be meaningless for the 80% of Australians who are in default funds. "The latest version of the ...