Industry Super Australia has told the Productivity Commission it is wrong to suggest that being defaulted into a poor performing fund is the biggest risk....
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own super funds....
The default super system was created under significantly different circumstances in the 1980s and does not suit the current robust regulatory environment, according to De...
AIST has welcomed the digitalisation of superannuation choice forms, where a default fund must be named....
The default super fund selection debate needs to put members first and not shareholders, according to an AIST survey....
Default settings and member inertia are key drivers of positive retirement outcomes if there is a sensibly structured environment, according to a report....
The best default model is a hybrid of the employee and employer choice models from the Productivity Commission’s interim report, according to the FSC. ...
The Australian Institute of Superannuation Trustees believes long-term underperforming default funds should lose their default status....
The PC’s recommended default super changes would end the proliferation of super accounts and would reduce overall fees, according to IOOF....
SuperRatings has warned that the exclusion of insurance from the Productivity Commission’s assessment has compromised its initial default super findings....
The Productivity Commission may have argued against making it a political battle, but Industry Super Australia and the Financial Services Council have dug in on opposing ...
The Productivity Commission has pointed to entrenched rent-seeking in the default super sector and recommended radical change, including a once-only allocation to default...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...