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super performance test
Superannuation
The professional body is calling for the annual performance test to transition to a two-metric test, so it better aligns with the overarching duty of super fund trustees ...
Superannuation
AustralianSuper, Rest, and HESTA agree on the need to retain and enhance the test, yet they differ in their perspectives on the specific areas that warrant further refine...
Financial advice
While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...
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...
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 ...