FSC slams Fair Work Commission involvement in MySuper

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The Financial Services Council briefed government and Treasury yesterday on the excessive costs associated with the Fair Work Commission process for selecting MySuper default funds and is calling for the

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FSC commends discussion on default superannuation and governance

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The government’s move to examine the issue of competition in default superannuation system under modern awards has been commended by the Financial Services Council. This follows the release of a

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2013 Member Sentiment & Communications Report

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Key findings of the Investment Trends 2013 Member Sentiment & Communications Report: MySuper set to become a battleground as competition grows between superannuation funds One-way valve to self-managed super funds

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MySuper bites into employee benefits

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Employers may be forced to reduce the benefits they provide for their employees as a result of Stronger Super legislation, as certain super funds change their structure to comply with

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Aon Master Trust receives MySuper authorisation

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The Aon Master Trust has received its MySuper authorisation from the Australian Prudential Regulation Authority. On 1 January 2014, the Aon Master Trust will launch Aon MySuper. Pierre Kraft, Managing

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Bendigo Wealth granted a MySuper authorisation

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Sandhurst Trustees, which forms part of Bendigo Wealth, has been granted authorisation by the Australian Prudential Regulation Authority (APRA) to issue a MySuper product under the new regime implemented by

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AMP MySuper offers approved by APRA

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AMP will launch its two MySuper offers from 1 January 2014, following approval from the Australian Prudential Regulatory Authority. AMP Financial Services will draw on the investment expertise of AMP

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BT Financial Group receives MySuper approvals for actively-managed lifestage funds

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BT Financial Group has received approval from the Australian Prudential Regulatory Authority for its MySuper licences and will launch actively-managed lifestage funds as its MySuper solution. A lifestage fund means

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MySuper: Default super selection a step too far

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The Corporate Super Specialist Alliance (CSSA) has made a submission to the Standing Committee on Education, Employment and Workplace Relations, objecting to the selection of default super funds being incorporated

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MySuper Tranche 3 puts member benefits at risk

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MySuper Tranche 3 is a rush job which attempts to force MySuper legislation through before the key issues can be laid on the table and properly debated, according to the

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