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default funds
Superannuation
The introduction of MySuper will lead to an acceleration of the current pace of consolidation of superannuation funds, according to the Association of Superannuation Fund...
Superannuation
Big building industry super fund CBus has argued its board members require extensive knowledge of the construction industry....
Superannuation
The Coalition has committed to having APRA develop better superannuation data to make MySuper effective in the default fund space....
Superannuation
Hostplus argues against changes to default funds under modern awards which would place too much pressure on employers....
Superannuation
Setting a specific target and decreasing risk as that target is met has helped defined benefit default funds outperform their defined contribution counterparts, according...
Superannuation
The Government has directed the Productivity Commission (PC) to conduct an inquiry into default superannuation funds in modern awards - something Labor promised as far ba...
Financial advice
FSC has responded to a repeated call by ISA to restrict the default funds under the MySuper system claiming it is protectionist behaviour that exploits a loop-hole in the...
Financial advice
FSC CEO John Brogden has labelled the current default superannuation process a racket, and said it is conflicted and anti-competitive....
Financial advice
The FSC has ramped up its campaign to have the Government change the default fund selection regime....
Financial advice
The Financial Systems Inquiry interim report has pointed to high super fees and has canvassed auctions for obtaining default fund status....
Financial advice
A senior Treasury official admits there is no certainty about how many default funds may ultimately attach to particular awards....
Financial advice
A senior Treasury official admits there is no certainty about how many default funds may ultimately attach to particular awards. ...
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 ...