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Search ResultsShowing 1 - 10 of 100+ results for "Productivity Commission"
IFM adds to leadership
HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... the locus of misconduct in the Royal Commission, and were found to systematically underperform by the Productivity Commission," Combet wrote.
Senator criticises lazy super system
JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...
IFM Investors hits back at MP demanding probe
KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... the locus of misconduct in the Royal Commission, and were found to systematically underperform by the Productivity Commission," Combet wrote in the letter that runs four and a half pages. "Nor is it clear that you have asked APRA and ASIC to review the ...
Retirement funder adds two new executives
ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
... operating officer at Sportsbet, as well as RELX (formerly Reed Elsevier) and as an economist for the Productivity Commission. "I'm excited to work for a business that is solving a real problem for an important cohort of Australians - helping Australians ...
Australia only needs 15 super funds: Consultant
HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... associated with administration and fund operations, not raw dollars under management." Chhikara said the Productivity Commission's mooted best in show list is already in effect, noting much of the net member switching flows in the system is captured ...
Grattan calls for lower super fees
HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... national gross domestic product - is higher than that paid by many other nations. The institute said the Productivity Commission's "best in show" system would ensure workers were defaulted into funds which performed well when it comes to fees and performance ...
Government loves SMSFs: Hume
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... of choice," Hume said. "So we're thinking of ways to support that movement." Hume said that while the Productivity Commission found low returns for SMSFs with balances below $500,000, fintechs may have a role to play in changing that. The minister said ...
Problems persist with PYSP communication: ASIC
ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... people being railroaded into keeping insurance which may have been useless," O'Halloran said. "As the Productivity Commission found the cost of insurance can set members retirement balances back by around $85,000. Super funds need to be very careful ...
Push for more foreign investment
ELIZA BAVIN  |  FRIDAY, 7 FEB 2020
... Australian capital projects, shares or corporate and government bonds. Those against the scheme, including the Productivity Commission, believe the benefits are negligible and only serve to benefit the visa holders and fund managers. The commission called ...
Your Super, Your Choice debate heats up
ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... insurance levels, effectively forcing these individuals to maintain multiple super account." The FSC cited Productivity Commission modelling suggesting an individual with two accounts for their whole working life will be 6% worse off than those with ...
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