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Showing 1 - 10 of 195 results for "Your Future"

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... of a particular covered asset class," APRA said in response to super funds' most frequently asked questions on Your Future, Your Super. "Per SIS Regulation 9AB.2(2)(c) of the SIS Regulations, if a beneficiary of the fund cannot require the trustee ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test. Effective May 27, Australian Food Super is terminating the Shares option and opening two separate, single ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... hunting for a merger partner in December 2021, spurred by its default MySuper investment option failing the inaugural Your Future, Your Super performance test in August of that year. "Following discussions with the board, team and external partners ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... consultation so it is fair and sustainable, the Actuaries Institute Summit heard. Mercer associate Kieran Chu said while the Your Future, Your Super (YFYS) performance test was designed to protect members from underperforming products with respect to ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... of completing an application, depending on the employer's size. However, stapling rules introduced as part of the Your Future, Your Super reforms in November 2021 would ostensibly put a dampener on Mercer's ability to attract new members to its new corporate ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... have multiple super accounts and consolidate them into the account of their choice. The stapling measures under the Your Future, Your Super legislation, introduced in November 2021, have been an additional driver in this area. "Initiatives such as account ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... funds are expected to remain the largest pre-retirement sector, with the stapling measures favouring them under the Your Future, Your Super package. Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... transition, climate change mitigation and sustained high-tech growth," she said. One example highlighted is Australia's Your Future, Your Super reforms which has encouraged consolidation of pension providers. "Government influence on pension schemes ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... factors like RG97, the Financial Accountability Regime, regulators' focus on greenwashing and continued scrutiny via Your Future, Your Super are driving demand for risk and compliance talent. Ongoing consolidation among super funds and sustained ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... level, further mergers, increased competition, a shifting regulatory member focus and the skewed favourability of the Your Future, Your Super (YFYS) stapling legislation, will exert further pressure on funds to achieve membership based strategic objectives." ...
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