DEFAULT FUNDS

Superannuation

The Budget has a slap at default fund processes, cutting funding to modern awards....

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Superannuation

The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers....

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Superannuation

Most superannuation funds simply rebranded existing balanced default options as their MySuper offering under MySuper changes, new research finds....

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Superannuation

The Federal Government has acknowledged the possibility that the FWC’s default fund processes might force some small MySuper funds to close....

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Superannuation

Superannuation industry bodies have welcomed the deferral of the start date for the choice product dashboard by 12 months. ...

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Editorial

The president of the Fair Work Commission has made a personal stand to ensure that the default funds review is completed, but Mike Taylor suggests some will question what...

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Funds management

The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....

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Superannuation

FSC considers legal action over FWC’s refusal to review the status of its expert panel and grant a MySuper extension....

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Superannuation

Government should open tender process for small pool of default funds, says Grattan Institute....

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Superannuation

New survey data has backed the Government’s approach on all approved MySuper products being eligible as default funds....

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Superannuation

Industry Super Australia blames the ‘banks’ for the FSC’s moves to challenge the FWC on its default fund review process....

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Financial planning

The FSC has challenged the validity of moves by the FWC president, Justice Ross, to continue the review of default funds....

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Financial planning

FWC president moves to put review of defaults funds ‘beyond doubt’ by appointment himself to expert super panel....

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Superannuation

The Financial Services Council has called for a halt to the FWC review of default funds until it complies with the Act....

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Financial planning

The president of the Fair Work Commission has rebuffed FSC calls to cease its review of default funds under modern awards....

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MARKET INSIGHTS

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Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

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