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Showing 961 - 970 of 1261 results for "MySuper"

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... now looking at Australia's in a bid to drive greater performance." Garcia also addressed the report's assessment that MySuper would not deliver significant fee reductions. "We also need to give MySuper a chance to deliver - it is early days." Garcia ...

Legal action on cards as FWC denies FSC requests

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... Council's (FSC) call for a hearing on the validity of the expert panel as well as its request for a one week extension on MySuper applications. In response to this decision, the FSC restated that it is "considering its position to launch legal action ...

Kinetic Super to reduce admin fees

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... balance. There will be no change to this. The fund also charges an investment management fee of 0.43% per annum on its MySuper option. Kinetic Super chief executive Megan Bolton said: "We are always looking for efficiencies that can improve member contact ...

Bring in Chilean-style super tender process: Grattan Institute

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
... two years. This practice means Chileans pay fees as little 25% of those paid by Australians. The report also argued that MySuper, which was in part designed to bring fees down, will not succeed sufficiently. While many historically expensive retail funds ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... funds in modern awards. The organisation is now seeking an urgent hearing with the FWC before the April 28 deadline for MySuper applications. The organisation has made the removal of superannuation from the modern awards system its top priority and argued ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
Industry Super Australia (ISA) has upped its campaign to keep superannuation in awards, saying it is "deeply concerned" by the big bank-led push to take the Fair Work Commission out of the default super selection process. ISA chief executive David Whiteley ...

Portfolio disclosure's unintended consequences

ALEX DUNNIN  |  TUESDAY, 22 APR 2014
... portfolio disclosure could require them to disclose their intentions about future transactions. Portfolio disclosure around MySuper investments, a segment that Rainmaker expects will be worth an estimated $600 billion in 2017 and which is set to become ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... campaign to become a major player in employer superannuation up a notch, integrating its business banking services and MySuper product on its online banking tool, NetBank. The integration of the two services will make it easier for CBA business clients ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
... from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide default superannuation ...

Industry fund claims experience worse than retail: PWC

LAURA MILLAN  |  FRIDAY, 4 APR 2014
... year insurance contract that needs to be renewed. This phenomenon "has quite interesting implications for the ranking of MySuper products and in a few years insurance could be the weighting tool." "If everything else is equal, the difference between ...