The Federal Opposition has claimed a victory over the Minister for Financial Services, Bill Shorten, by extracting amendments to MySuper legislation which prevents accrue...
MySuper is set to change the underlying dynamics of the superannuation industry, and as TAL’s Gavin Lai and Renee Voutt point out, insurance providers will not be immune....
ASFA expresses concern to APRA that the Government's legislative approach to MySuper fails to recognise objectives of the Cooper Review....
Corporate Super Specialist Alliance warns of consequences flowing from default fund MySuper approach....
The Government claims it has delivered on the Productivity Commission’s default fund recommendations, but Mike Taylor writes that the devil is in the detail....
The regulatory controls on the manner in which SMSFs approach risk insurance coverage for fund members are tightening in a number of respects, writes Macquarie Adviser Se...
The AFA's Brad Fox says the Government's approach to MySuper legislation appears to have been a foregone conclusion because the Government released its majority report ju...
Mike Taylor writes that the Productivity Commission’s final report on default funds under modern awards delivered a formula which is unlikely to survive a change of Gover...
Lawyer warns Productivity Commission recommendations just add more bureaucracy, cost and possible disadvantage for funds....
Concerns have been raised over the independence of the proposed default superannuation panel and the review period for MySuper products selected under modern awards....
Industry bodies have taken issue with the exposure draft regulations for rollovers and contributions in submissions to Treasury that take aim at the three-day performance...
Key sections of the financial services industry have lamented the Productivity Commission's failure to open up the default funds arena to more competition by removing man...
The Association of Financial Advisers (AFA) has claimed that tricky drafting of the legislation delivering MySuper has effectively infringed the property and income right...
Federal Opposition insists on key amendments to MySuper legislation to prevent automatic transfers where members have previously actively chosen default investment option...
Govt warned its MySuper legislation may actually represent interference in valid investment decisions made by super fund members....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....