The FSC has urged the Government to review the targeting of the age pension, suggesting current settings are too generous. ...
The FSC’s new chief executive, Sally Loane, dismisses claims by the ISA that three inquiries have backed the existing default funds under modern awards regime....
Industry super funds’ dominance in the modern award system means higher performing, lower fee funds are being edged out of the market, according to the Financial Services...
Industry Super Australia has reasserted the position it declared in its FSI submission on default funds and investment returns....
Industry fund lobbyists have criticised big banks, saying only $13 billion of savings in bank-owned funds have moved into MySuper. ...
APRA has released the first batch of quarterly MySuper statistics with the FSC stating the average MySuper fund of its members have outperformed equivalent offerings from...
Almost three-quarters of super members believe super funds, their fees and the way they work are not transparent enough, a report showed....
Mercer argues for retention of tax concessionality for super within four-point tax plan....
MySuper products-based fees and performance will reach the front pages of newspapers as APRA begins publishing quarterly returns, John Brogden said....
The FSC has refuted ISA claims about banks offering incentives for default fund selection....
Australia’s superannuation sector is being held back by its slow adoption of technology, Financial Services Council chief executive, John Brogden believes. ...
The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers. ...
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 ...