Minister for Financial Services, Stephen Jones, has confirmed he expects the Your Future, Your Super performance test to be extended by 800 funds from August. ...
ASIC has issued a warning to trustees of MySuper funds which twice failed the performance test that they need to be more member-centric in their communications....
Morningstar has revealed which MySuper options topped the charts across numerous categories for the December 2022 quarter. ...
Subdued investment returns over the course of 2022 have dragged the value of superannuation assets, according to the latest APRA statistics....
While the heatmaps revealed generally strong super fund performances, the ASFA and AIST remain concerned about underperforming funds and definitions of sustainability....
The Australian Prudential Regulation Authority (APRA) has revealed that five funds have failed to meet the benchmark of its second MySuper performance test....
Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products for 12 months....
Westpac is expecting to sign a heads of agreement for its underperforming BT Super MySuper product by the end of the financial year....
The Australian Prudential Regulation Authority (APRA) is consulting with industry on plans to expand the breadth and granularity of the superannuation data it publishes....
The prudential regulator has published its annual MySuper heatmap along with the first Choice heatmap....
The administration cost for BT’s MySuper and Choice members will reduce from $108 per annum to $56 per annum....
Christian Super has been imposed with additional licence conditions after it failed the MySuper performance test with the prudential regulator requiring it to implement a...
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 ...