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Showing 1 - 10 of 178 results for "Choice of Fund"

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... employers can retrieve stapled fund details and provide this information, if available, to the employee to inform their choice of fund, Treasury said. "This will make it easier for employees to see, consider, and select their existing fund when they ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... the New Payments Platform and error messaging will be improved to ensure swifter rectification. Meantime, revised choice of fund rules will make it easier for employees to nominate their super fund when being onboarded at a new job; employers will be ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... if I had to sum up in a single word of what's to come for the Australian ETF market, it would be 'choice' - more choice of fund managers, more thematic ETFs, more active strategies, and more alternative assets such as cryptocurrencies. There's lots of ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... Securing Australians' Superannuation consultation paper also seeks feedback on how employee onboarding and their choice of fund could be improved under payday super. In the 2023-24 Budget, the government announced that from 1 July 2026, employers will ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... an IT system to streamline the process for digital service providers. It will also finalise improvements to its Choice of Fund form in April to improve the onboarding experience for employers who use the ATO form. As this solution beds down, the government ...

The first 30 years: Super's biggest changes

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Choice of fund, shrinking investment horizons and the sheer size of the super industry have been pinpointed as the biggest changes of the last 30 years. In a panel discussion on day two of the Australian Institute of Superannuation Trustees ASI Conference ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... legislation introduced in 2013. ASIC claims Rest members were denied their lawful rights to super portability and choice of fund, which in turn caused financial loss. It also meant Rest retained greater funds under management than it otherwise would ...

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... that employee with the same fund, in accordance with the previous determination or agreement, will comply with the choice of fund requirements," the memorandum said. The bill addresses the findings of the Financial System Inquiry and the Productivity ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... banned. Additionally, trustees cannot influence employers to encourage their employees to nominate the fund as their choice of fund. Superannuation funds that fail to comply with the new provisions face civil or criminal penalties. In the event of a ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
... member ratings should be taken into account as input in determining the top 10, as they have the final decision on choice of fund."
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