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Showing 1 - 10 of 26 results for "MySuper legislation"

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... misleading or deceptive conduct by Colonial included telling its members that recent legislative changes [MySuper legislation passed in 2012 and effective in 2014] required Colonial to contact them and obtain an investment direction to stay in the FirstChoice ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... products for it to sell," CBA's lawyer said. "Fast forward 12 years later when the government introduces MySuper legislation that creates simple super products, the very notion that some journal entries which washed out between a company and its ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... product - even though the clients had not given instructions for this to happen. This is a violation of the MySuper legislation as the government designed MySuper to be an opt-out scheme and Tran's conduct effectively required clients to opt-out, ASIC ...

GBST partners with MSCI for after-tax services

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
... analytics for superannuation funds in Australia, in-line with the recommendations of the Cooper Review and MySuper legislation. A GBST statement said the announcement ensures that an already significant number of superannuation funds now relying on GBST ...

FSC asks Son of Wallis Inquiry to focus on export growth

LAURA MILLAN  |  FRIDAY, 13 DEC 2013
... the inquiry to look at education standards for financial advisers and to review the impact of the FoFA and MySuper legislation on the sector. The Financial Planning Association (FPA) asked Treasury to allow time for the dust to settle after the major ...

Westpac and BTFG group get MySuper approval

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... deadline. Even if there is a change in government at the 7 September election it is unlikely any changes to the MySuper legislation could be put in place in time to avoid employers having to change default funds for millions of impacted employees.

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
... wealth management division Colonial First State (CFS). Its launch also coincides with the start date of the MySuper legislation. Essential Super will be offered as a companion product to CBA customers' transactions accounts and also via the existing ...

Product dashboards critical to MySuper

LAURA MILLAN  |  FRIDAY, 22 MAR 2013
Online product dashboard provisions under MySuper legislation will be critical to defining how MySuper will work in practice. According to the project director of the Australian Institute of Superannuation Trustees (AIST) David Haynes, the product dashboard ...

Trustee liability issues surface at PJC

BEN COLLINS  |  THURSDAY, 24 JAN 2013
... spoke before a Parliamentary Joint Committee which is investigating the final bill of the Gillard Government's MySuper legislation, part of its wide-ranging Stronger Super reforms, on 22 January this month. While it is an advocate for making fund directors ...

VicSuper and Aust Ethical adopt after-tax benchmark

MARK STORY  |  THURSDAY, 24 JAN 2013
... the interests of managers with that of their members, she says it also enables trustees to comply with the MySuper legislation which requires fund managers to be measured on after-tax performance (where possible). "This announcement is a continued endorsement ...
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