Minister for Financial Services, Stephen Jones, has reiterated his support for the superannuation performance test and explained the importance of cracking down on greenw...
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....
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...
The Government is arguing that the manner in which the Government has moved to include administration fees within the super fund performance test will strengthen the regi...
Some of the worst-performing super products have been carved out of the performance test putting consumers at risk of being stapled to a dud fund, according to the Austra...
Australian unlisted infrastructure and unlisted property being included in the test will mitigate investment distortions, according to the Association of Superannuation F...
The test does not include admin fees and other non-investment charges which could lead to superannuation funds charging up to four times the median fees, Industry Super A...
A key Parliamentary Committee has been warned that there are significant dangers for the superannuation industry in the lack of detail around the Government’s Your Future...
The significant absence of regulatory detail means that the Government should defer its proposed superannuation performance tests until next year, a Parliamentary Committ...
The government’s proposed superannuation performance test would be detrimental to the super system and is not in the best interests of members, according to Chant West....
Superannuation funds have warned the Government that its proposed new performance test regime risks rewarding short-termism and denying members the benefits of medium to ...
The Government’s proposed superannuation performance test would likely pressure funds to forgo opportunities for long-term outperformance to mitigate the risks of underpe...
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 ...