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your future your super
Superannuation
Minister for financial services, Stephen Jones, has confirmed the annual performance test is “here to stay” and he will shortly announce the findings of his review into Y...
Superannuation
Superannuation funds which passed the Your Future, Your Super performance test by a significant margin have increased their fees by 5%, according to Grattan research....
Superannuation
Members who opted to remain in a superannuation fund which failed the Your Future, Your Super test lost $1.6 billion in 12 months, according to Industry Super Australia. ...
Superannuation
The Financial Services Council has urged the Government to ensure performance testing does run counter to consumer choice as it reviews the Your Future, Your Super legisl...
Superannuation
The Your Future, Your Super legislation is having an unintended outcome of forcing superannuation funds to move away from meeting promises to members in order to meet the...
Superannuation
Superannuation funds will need to adjust their business models if they want to survive in an environment of increased competition because of regulatory change, says Cbus ...
Funds management
After poor results in the inaugural Your Future, Your Super performance test, the appointment came with the aim to have both MySuper products performing in the top quarti...
Superannuation
The industry superannuation fund has not entered into any new sponsorship agreements since the Your Future, Your Super legislation and does not believe any of its sponsor...
Superannuation
The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....
Insurance
The council has proposed to prohibit terms in MySuper group life policies that could cause a claim to be declined in default group life insurance in superannuation on the...
Superannuation
There has been reduction of 13 million unwanted super accounts since 2015 and it is expected to fall by a further 500,000 thanks to stapling. ...
Superannuation
A second failure of the You Future, Your Super performance test the next year was even higher as it would include nearly 90% of the same data, according to Parametric Por...
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 ...