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Proposed changes ahead for APRA's heatmaps
ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
The Australian Prudential Regulation Authority is considering making changes to its MySuper Heatmap to reflect the reforms proposed by the government in the federal budget.
Aussies continue to drain super
ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Over the week to September 27, a further 36,000 applications were received by funds for the Early Release of Superannuation (ERS) scheme.
Aware Super moves to acquire OptiComm
ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has provided a proposal to the board of OptiComm to acquire 100% of the telecom company, which delivers fibre to the premises networks.
Aware Super announces $1bn property project
ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has announced the acquisition of a 90% interest in a $1 billion project in New York as part of the fund's partnership with Lendlease.
MySuper reforms could have downsides
ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics.
BT cuts fees, premiums for super members
ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
From October 1, most BT Super members will pay less in admin fees and insurance premiums - except those with a balance less than $17,000 who will see a rise in admin fees.
Perpetual axes geared investment options
ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
A number of underperforming super options have been axed by Perpetual.
Hume clarifies survival of the fittest in MySuper
ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products.
REI Super ups insurance premiums
ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
The $1.6 billion super fund has increased insurance premiums for the second time in 18 months, blaming the Putting Members' Interest First legislation.
Effects of ERS not so bad: Grattan
ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Despite over $34 billion being removed from the super system, the Grattan Institute is sticking to its guns that the effects of the Early Release of Super scheme will not have too great of an impact on retirement outcomes.
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