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YFYS

Funds management

Australia’s fund management industry has grown significantly to $4.3 trillion in FUM, however complex regulatory policy prevents the nation from properly competing with i...

Expert Analysis

The annual superannuation performance test results are just days away and some Choice options will also be under the microscope for the first time, writes Craig Day....

Financial planning

The FAAA has warned advisers to be alert if their clients are in an underperforming super fund as this month’s APRA performance test is increased to certain trustee-direc...

Funds management

Now is a difficult time to be a fund manager, according to Maple-Brown Abbott chief executive, Sophia Rahmani, with the firm focusing on distribution to financial adviser...

Superannuation

ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

Superannuation

Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....

Superannuation

The prudential regulator has published its annual MySuper heatmap along with the first Choice heatmap....

Superannuation

Shadow assistant treasurer, Stephen Jones, says he agrees with superannuation performance testing but that he will review the Your Future, Your Super benchmarking metrics...

Superannuation

The Your Future, Your Super reform overlooks different investment approaches a trustee might take, including environmental, social and governance investing, according to ...

Superannuation

Data from the prudential regulator has found members of underperforming super funds are not moving in significant numbers, despite receiving communication about the perfo...

Superannuation

Forty MySuper products resubmitted material data in relation to the Your Future, Your Super performance test. ...

Policy & Regulation

The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....

Financial planning

Advisers will have the opportunity to show their value as the performance test will be a catalyst for member engagement....

Superannuation

The funds that failed the performance test need to figure out their options by the end of the year and most funds will likely not recover. ...

Superannuation

The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....

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