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Showing 1 - 10 of 16 results for "SuperStream reforms"

SuperStream deadline nearing for employers

DARREN SNYDER  |  WEDNESDAY, 27 MAY 2015
... 50,000 employers across Australia have now changed the way they make super contributions in line with the ATO's SuperStream reforms. The ATO expects more than 25 million member contributions will be processed using the SuperStream electronic standard ...

Fund member admin in spotlight at super forum

STAFF WRITER  |  FRIDAY, 30 AUG 2013
... administration and member services have become areas of discussion of late following the introduction of My Super and SuperStream reforms, which have prompted a fundamental review of the way many super funds operate. Among the speakers will be Robert ...

Bravura gets go-ahead for Super TIC app

JAMES FERNYHOUGH  |  THURSDAY, 8 AUG 2013
... member's tax file number and accompanying details against the ATO's client register. This is part of the wider SuperStream reforms, intended to make superannuation rollovers simpler. Bravura's chief operating officer, APAC, Jason Tong said: "Our position ...

FSC denounces lost super threshold rise

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
... particular." Brogden said the move went against the recent Stronger Super reforms. "This government's own SuperStream reforms have made it easier to bring accounts together." He said the new threshold "will unfairly capture the savings of many young ...

Shorten maps out government super legacy

ALEX DUNNIN  |  TUESDAY, 18 JUN 2013
... superannuation will also be gone. "The downward pressure on fees and charges triggered by the MySuper and SuperStream reforms will add to the bottom line of every working Australian's superannuation savings," he said.

APRA warns licensees warning about 3 day rollovers

ALEX DUNNIN  |  MONDAY, 22 APR 2013
... service as their means for uniquely identifying member tax file numbers (TFNs). The requirements are part of the SuperStream reforms that have already passed through both houses of Parliament. The most strategically significant is the new rollover requirement ...

Industry under-prepared for SuperStream: Bravura

MARK SMITH  |  MONDAY, 22 APR 2013
... financial services industry's back-office technology systems are woefully under-prepared for the government's SuperStream reforms, according to Bravura global head of investment product Darren Stevens. Part of the reason, he said, is that most institutions ...

Challenger hops on SuperStream gateway

MARK SMITH  |  WEDNESDAY, 27 FEB 2013
... Super System Review estimated that savings of up to $1 billion per annum are achievable from implementing the SuperStream reforms, which can then be passed on to members in the form of lower fees. "Not only will auto processing save time, it will improve ...

ATO upgrades SMSF and SuperSeeker website

ALEX DUNNIN  |  TUESDAY, 26 FEB 2013
... transfer any balances directly into another registered super fund, an enhancement made possible following the SuperStream reforms. The ATO SuperSeeker service is used by almost 2,000 people per day who are using it to reclaim a daily estimate of $8.8 ...

APRA warns trustees about data integrity

BEN COLLINS  |  FRIDAY, 13 JUL 2012
... contributing to data issues has been a lack of common prescribed data standards within the industry, which the SuperStream reforms will now address. "Notwithstanding this, trustees have a role to play in ensuring that all existing and new member data ...
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US-Iran tensions send markets into panic mode

ELIZA BAVIN
Global markets are bracing for fallout after the US conducted strikes with B-2 Stealth bombers on three Iranian nuclear sites over the weekend.

ESSSuper, UniSuper spearhead member satisfaction

KARREN VERGARA
ESSSuper and UniSuper lead the way for the significant increase in superannuation member satisfaction, a new survey from Investment Trends reveals.

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA
The Australian Financial Complaints Authority (AFCA) is urging financial advisers to gain clarity and better understanding on whether the wholesale investor test applies when advising SMSFs.

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