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mysuper
Superannuation
The Financial Services Council has acknowledged that a more exacting process is needed to ensure all MySuper funds are fit to be defaults....
Superannuation
Retail and bank-owned super funds’ slow transition of members to MySuper products is most likely a deliberate strategy by retail wealth managers, according to ISA....
Superannuation
The Actuaries Institute has urged an upgrade to super dashboards, claiming existing offerings were often technically unsound. ...
Superannuation
SuperRatings’ MySuper index has rated Statewide Super’s MySuper default investment option as the top performer, with UniSuper coming in second....
Superannuation
The MySuper transfer costs have mostly been passed onto members through a levy and the WSSA is questioning whether it has actually benefitted members....
Superannuation
The lack of alignment between the disclosure of fees and costs between MySuper and Choice products is causing the system’s inefficiency, AIST believes....
Superannuation
MySuper products are hitting its target demographic, according to latest Australian Prudential Regulation Authority data....
Superannuation
New survey data has revealed growing support for the implementation of a default “MyPension” product....
Superannuation
The Government has been warned it risks members launching litigation for losses resulting from unintended consequences of changes to lost super rules....
Superannuation
Assistant Treasurer Josh Frydenberg said the Government still plans to open the default super system and is pushing to define intra-fund advice....
Superannuation
The Financial Services Council has drawn on comments by Assistant Treasurer, Josh Frydenberg, to renew its call to open up the default super regime to all eligible MySupe...
Funds management
With super funds increasingly insourcing elements of their member servicing, questions have been asked about the degree to which scale is necessary to appropriately insou...
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 ...