While the test has played a key role in removing underperforming MySuper products, its approach to the Choice segment warrants further discussion, according to profession...
The industry body has recommended an approach that recognises unique advice needs, noting current super regulation and legislation is “overwhelmingly designed with simple...
Speaking to Super Review, Assistant Treasurer Stephen Jones said interest shown to date by institutional investors like super funds in the government’s cornerstone Future...
According to the industry body, funds should have an obligation to transfer members in failing products to better-performing products in a timely way....
Treasurer Jim Chalmers stated the government is seeking to “canvass a range of options” towards reforming the test to improve member outcomes. ...
A global investment executive has told Super Review why, much like the common adage, Australia’s super sector runs the risk of being a jack-of-all-trades, but master of n...
Treasurer Jim Chalmers has announced the government will soon consult to improve the superannuation performance test amid claims that it disincentivises sustainable inves...
As it endeavours to strike a balance between implementing a clearer and simpler regulatory framework while still holding industry to account, the prudential regulator has...
Over 65 per cent of flows into the $4.3 trillion funds management industry come from superannuation, according to a report by KPMG and the FSC, but unintended consequence...
FSC chief executive, Blake Briggs, is calling for CGT relief to be extended to trustee-directed products to prevent members from being left in underperforming funds for t...
As trustees grapple with increased performance scrutiny from APRA alongside offering a variety of member investment options, industry experts expect to see consolidation ...
With so much M&A activity in the superannuation space, challenges in their implementation are indicating a slowing pace ahead with the possibility of the industry having ...
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 ...