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Showing 1 - 10 of 15 results for "YourSuper"

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
Minister for superannuation Jane Hume has lauded the government's YourSuper comparison tool as a success, with one million visits. "Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison government," ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
... fulfilled our obligations under the legislation, which was that we publish who passes and who fails, and also the ATO's YourSuper comparison tool is really the tool for people to turn to, to look at the performance and [for] comparing products," ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... failed the performance test at August end. BT's Retirement Wrap is the RSE for both. According to the ATO's new YourSuper tool, the Asgard option that's closing has returned 7.9% over seven years, while the BT Super option has returned 8.06%. ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... fulfilled our obligations under the legislation, which was that we publish who passes and who fails, and also the ATO's YourSuper comparison tool is really the tool for people to turn to, to look at the performance and [for] comparing products," ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... members with multiple accounts. Other regulations include specification of how products will be ranked on the online YourSuper comparison tool, information to be included in notices for annual members' meetings, and further strengthening of prohibition ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... memorandum reads. The bill covers four key areas: stapling; addressing MySuper funds' underperformance; launching the YourSuper comparison tool; and the best financial interest duty. Under the new stapling rules, the Australian Institute of Superannuation ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... impact on member outcomes for asset allocation - usually the most important source of investment returns. And of the YourSuper comparison tool, the firm said it will not be able to compare the data accurately given its simple metric.

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... underperformers with little risk that potential new members will end up in underperforming funds. Rice Warner thinks the YourSuper comparison tool will not be able to accurately and equitably compare performance given its simple metric. "Setting YourSuper ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... pointed out that all fees should be included in performance comparisons. "The annual performance assessment and the YourSuper comparison tool should include administration fees to provide an overall net outcome measure. This will avoid confusing consumers ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... the super fund from accepting new members. In notifying about poor performances, trustees must alert members to the YourSuper comparison tool to help them compare and select a superannuation product that meets their needs. Treasury Laws Amendment (Measures ...
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