The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 10 of 40 results for "Stapling"|
|... Services Council is consulting on solutions for group insurance cover for members working in hazardous occupations after stapling. FSC said if a MySuper product's default life insurance cover has occupations-based exclusions, a member working in ...|
|Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...|
|... reduce fees as soon as possible. It has also defined a 'stapled fund' including a tie-breaker rule to decide the stapling fund for members with multiple accounts. Other regulations include specification of how products will be ranked on the online ...|
|... years into its life. As a Choice product with no employer relations, Spaceship's superannuation fund is immune to the new stapling and performance benchmarking requirements. Read more about Spaceship's business model and Moore's career in FS Super's ...|
|... new members, of its roughly 450,000 total membership base. This time around, the driver for opening the fund further is stapling and the drop in arrivals of international students to Australia -- which has led UniSuper to conclude hiring at universities ...|
|... Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will delay benchmarking and stapling until November. The Australian Institute of Superannuation Trustees (AIST) originally supported the objectives of the reforms ...|
|... the bill, while Labor and the Greens objected to it. However, an amendment was passed which will delay benchmarking and stapling until November. Independent Senator Rex Patrick failed to find support for his proposed amendment, which would have extended ...|
|... today reiterated its concerns that the new laws could trap Australians in poor performing super products through its stapling measures. According to ISA, the new legislation could cost Australian workers $230,000 in retirement savings by stapling them ...|
|... Slater and Gordon warned that Australians could end up with less insurance coverage or the wrong insurance policy if the stapling reforms are passed into law. Under the reforms, workers will have one default fund that follows them from job to job. "Some ...|
|... amendments lost out 69 to 59, with only the Greens MP Adam Bandt and independent MP Craig Kelly siding with it. Labor wanted stapling to exclude dangerous occupations, a deferred start date to stapling and inclusion of choice products in the performance ...|
Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
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