Search ResultsShowing 1 - 10 of 100+ results for "Productivity Commission"
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 ...
What you read in 2019: Superannuation
JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... 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 ...
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. ...
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