Search ResultsShowing 1 - 10 of 100+ results for "Productivity Commission"
MySuper heat map lauds industry funds
HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... serving its purpose for the regulator by benchmarking funds following the Royal Commission and final Productivity Commission report. "There are funds that have high fees, low nominal returns and low sustainability. APRA will turn up the heat on these ...
APRA releases MySuper heat map
HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... Specifically, the peak body for industry superannuation said the heat maps should follow the lead of the Productivity Commission in giving primacy to net returns for performance comparisons, and said APRA should not have excluded the effect of administration ...
Super consumer body grateful for intervention
HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to establish a national voice for consumers in Australia's ongoing superannuation debates, the incumbent body has confirmed ...
FSC hails super choice amendments
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... of engagement with the system. "We continue to urge the government to enact the recommendations of the Productivity Commission and Royal Commission and implement a default once system for superannuation so that all Australians can take their super fund ...
Underperformers should not be allowed new members: Silk
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... said. "They're interested in a fund that maximises returns and as you [deputy chair Andrew Leigh] say the Productivity Commission review - which was the most authoritative and comprehensive review that's ever been undertaken of the superannuation industry ...
The cost of mental illness
ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
A new report from the Productivity Commission estimates mental ill-health and suicide is costing Australia up to $180 billion a year, or almost $500 million a day. The Productivity Commission draft report on mental health was published on October 31. ...
Consumers trust super funds about as much as banks
ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... able to enjoy a comfortable retirement," Qantas Super chief executive Michael Clancy said. "The recent Productivity Commission and Royal Commission reports included recommendations about how the superannuation system can be improved, and the government's ...
No one reads the PDS: ASIC
ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... choose a super fund outside the default safety net, but when they do, they are often worse off - as the Productivity Commission research clearly showed," Scheerlinck said. "While meaningful disclosure has a role to play, particularly for industry stakeholders ...
SMSFs not for everybody: ASIC
HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members. The corporate regulator is urging Australians ...
Spotlight on super welcomed
HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... executive Sally Loane adding the default once system recommended by both the Royal Commission and the Productivity Commission were too important to see pushed to one side while the review took place. "Superannuation consumers receive significant benefits ...
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