Search Results | Showing 1 - 10 of 111 results for "Protecting Your Super" |
| | ... coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting Members Interests First (PMIF) policies have contributed to a substantial reduction in superannuation insurance ... |
| | | ... $6000 or less will begin paying an administration fee of $1.50 week, or $78 a year. In accordance with the Protecting Your Super rules, the fees will be capped at 3% of the balance and anything charged in excess of this will be rebated back to the member. ... |
| | | ... the issue and be transparent about which funds are failing to look out for their members. That said, the Protecting Your Super reforms introduced the stapling of accounts in November 2021, meaning the creation of unintentional duplicate accounts should ... |
| | | ... the former chief led it through a transformational and turbulent period in the sector. "... including the Protecting Your Super reforms, the COVID-19 early release scheme, the introduction of the Your Future, Your Super (YFYS) performance measures, and ... |
| | | ... intra-fund consolidation is the first step." QMV Legal managing partner Jonathan Steffanoni noted that the "Protecting Your Super" reforms introduced a default account stapling law in November 2021. This law is likely to reduce unintentional duplicate ... |
| | | ... hike to COVID-19 and government reforms, and the February 2020 hike to Putting Members Interests First and Protecting Your Super. T asplan attributed its 7% fee hike in September 2020 to PYSP and PMIF. |
| | | ... the largest outflow at 6.2%. Group risk premium inflows decreased 0.6% over the year as a result of the Protecting Your Super and Putting Members' Interests First legislation. Despite this, AIA Australia recorded 27.3% growth followed by QInsure at 3.8%. ... |
| | | ... has been a key player in introducing plans to remove grandfathered commissions to financial advisers, the Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding ... |
| | | The Protecting Your Super Package legislation which asked super funds to hand over inactive accounts to the Australian Taxation Office (ATO) has returned $4.3 billion to members in about 17 months. Between 1 November 2019 and 28 February 2021, nearly ... |
| | | Financial advisers will now need prior written consent each year from clients before deducting fees, while funds from Eligible Rollover Funds must now be reunited with members within 28 days. Two key pieces of legislation were passed yesterday: the ... |
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