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DEFAULT FUNDS

Superannuation

The Budget has a slap at default fund processes, cutting funding to modern awards....

Superannuation

The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers....

Superannuation

Most superannuation funds simply rebranded existing balanced default options as their MySuper offering under MySuper changes, new research finds....

Superannuation

The Federal Government has acknowledged the possibility that the FWC’s default fund processes might force some small MySuper funds to close....

Superannuation

Superannuation industry bodies have welcomed the deferral of the start date for the choice product dashboard by 12 months. ...

Editorial

The president of the Fair Work Commission has made a personal stand to ensure that the default funds review is completed, but Mike Taylor suggests some will question what...

Funds management

The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....

Superannuation

FSC considers legal action over FWC’s refusal to review the status of its expert panel and grant a MySuper extension....

Superannuation

Government should open tender process for small pool of default funds, says Grattan Institute....

Superannuation

New survey data has backed the Government’s approach on all approved MySuper products being eligible as default funds....

Superannuation

Industry Super Australia blames the ‘banks’ for the FSC’s moves to challenge the FWC on its default fund review process....

Financial planning

The FSC has challenged the validity of moves by the FWC president, Justice Ross, to continue the review of default funds....

Financial planning

FWC president moves to put review of defaults funds ‘beyond doubt’ by appointment himself to expert super panel....

Superannuation

The Financial Services Council has called for a halt to the FWC review of default funds until it complies with the Act....

Financial planning

The president of the Fair Work Commission has rebuffed FSC calls to cease its review of default funds under modern awards....

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