|Search Results||Showing 1 - 10 of 100+ results for "Productivity Commission"|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission final reports at the beginning of the year set in motion a wave of change unmatched by any previous round ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
|... 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 ...|
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Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
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Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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