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Search ResultsShowing 1 - 10 of 12 results for "Eligible Rollover Funds"
Government passes advice, super reforms
ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... advisers will now need prior written consent each year from clients before deducting fees, while funds from Eligible Rollover Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the Financial Sector ...
MySuper funds face new test, member bans
KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... not go into details on this. What is missing or delayed: ERS extension, Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. Adjusted drawdown rates ...
Super fees hit record lows: Research
JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... product, this converts to 1.6% of GDP. Looking at 93 not-for-profit funds, 68 retail offerings and seven eligible rollover funds, the average fee charged to members now sits at 1.04%. In 2018-19, the average was 1.12%. Not-for-profits came out on top ...
More MySuper accounts close than open: APRA
HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... that would contribute include account consolidation, superannuation funds transferring zombie accounts to eligible rollover funds, and people retiring." Alex Dunnin, director of research at Rainmaker said the volatility of these account measures, especially ...
Rainmaker Information selected by CANSTAR
STAFF WRITER  |  TUESDAY, 1 NOV 2016
... the Australian market. This includes retail funds, industry funds, government funds, corporate funds and eligible rollover funds. Rainmaker Information its research platform includes a total of 711 individual superannuation and retirement products representing ...
APRA to require funds to lodge 35 data forms
ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
... products. New reporting levels will cover the RSE license, the RSE, defined benefits, pooled super trusts, eligible rollover funds, small APRA funds, sub funds, MySuper products and investment options for these MySuper products and other 'seect' investment ...
Boost for corporate sector as Stronger Super details emerge
MATT WOODINGTON  |  WEDNESDAY, 21 SEP 2011
... funds and members locate and consolidate multiple member accounts. Those with balances under $1000 and in eligible rollover funds, will be transferred into the member's current active account unless they opt out. There are also new measures around the ...
SuperTrace wins Heron award
COMPANY RELEASE  |  THURSDAY, 11 JUN 2009
... part of the Commonwealth Bank Group, a five star quality rating in its annual review of Australia's 16 eligible rollover funds. SuperTrace won strong scores in four key areas including investment arrangements, the impact of fees, and organisation and ...
Member protection costs will hurt: AUSfund
MICHAEL HOBBS  |  WEDNESDAY, 30 JAN 2008
Super fund managers should consider placing inactive members into eligible rollover funds to reduce member protection costs, according to AUSfund. Warren Fawcett, manager of the Eligible Rollover Fund (ERF) at AUSfund, said member protection costs would ...
The $200 super gift
MICHAEL HOBBS  |  THURSDAY, 29 NOV 2007
... them to consolidate their super, however many have not responded. AUSfund has one of Australia's largest eligible rollover funds (ERF), which has more than 1.7 million unclaimed super accounts. "Unclaimed super accounts pour into our fund every week ...
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