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super performance test
Superannuation
Treasurer Jim Chalmers stated the government is seeking to “canvass a range of options” towards reforming the test to improve member outcomes. ...
Superannuation
There is scope for superannuation licensees to further reduce their fees, particularly in trustee directed products, according to an APRA report....
Superannuation
Super funds returns have wavered from the strong momentum going into the new financial year, delivering a median balanced return of -0.1 per cent in August after a 1.5 pe...
Superannuation
APRA has announced 96 trustee directed products and one MySuper product failed to meet the benchmark of its 2023 superannuation performance test....
Superannuation
Industry Super Australia and the Financial Services Council have welcomed improvements to the proposed regime but flagged some continued concerns....
Superannuation
Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to acc...
Superannuation
The FAAA and Chant West remain concerned with how the Your Future, Your Super performance test amendments could impact financial advisers and fund member outcomes....
Superannuation
Super funds look on track to deliver strong absolute returns by the end of the financial year, though inflation continues to pose an ongoing challenge, according to Super...
Features
There are concerns that updated proposals to the Your Future, Your Super performance test will fail to improve the situation for ethical or ESG funds, especially if niche...
Superannuation
Minister for Financial Services, Stephen Jones, has reiterated his support for the superannuation performance test and explained the importance of cracking down on greenw...
Superannuation
ASIC has issued a warning to trustees of MySuper funds which twice failed the performance test that they need to be more member-centric in their communications....
Superannuation
The possibility of including Choice products in the super performance test “isn’t relevant” to the Your Future, Your Super bill, according to Jane Hume, as members in tho...
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 ...