APRA releases draft guidance on MySuper transition

From

The Australian Prudential Regulation Authority (APRA) has released for public consultation its draft guidance SPG 410 MySuper Transition. The guidance is intended to assist registerable superannuation entity (RSE) licensees to

continue reading

CSSA: MySuper and Grandfathering

From

The Corporate Super Specialists Alliance (CSSA), whose members work with Australian companies and their workers to provide them with improved life insurance and superannuation outcomes via their corporate superannuation plans,

continue reading

CSSA: common sense approach to default super welcome

From

The Corporate Super Specialist Alliance (CSSA) is very pleased that common sense seems to be prevailing in relation to default superannuation funds. In the CSSA’s response this week to the

continue reading

BT Financial Group statement on Productivity Commission findings

From

One of Australia’s leading superannuation providers has said the Productivity Commission’s recommendations for the selection and ongoing assessment of default funds in modern awards was a win for Australian workers.  BT

continue reading

CSSA: Modern awards restrict employer choice

From

The Corporate Superannuation Specialist Alliance (CSSA) submission to the Productivity Commission Inquiry into Default Superannuation in Modern Awards suggests that the vast majority of employers want to provide the best

continue reading

CSSA: The Government is Back-flipping

From

With submissions on MySuper Tranche 3 due 16th May, the Corporate Super Specialist Alliance (CSSA) is concerned that a significant number of corporate super members are in danger of losing

continue reading

APRA releases proposed MySuper authorisation requirements

From

The Australian Prudential Regulation Authority (APRA) has released for consultation a discussion paper on proposed arrangements for the authorisation of MySuper products. Accompanying the discussion paper is a draft authorisation application

continue reading

Financial services industry rallies to fight FoFA

From

In a huge demonstration of support for the work being done by the Federal Opposition to oppose elements of the Future of Financial Advice (FOFA) reform that threaten the financial

continue reading

MySuper negates Ripoll’s consumer engagement ambitions

From

Measures to be introduced into MySuper will undermine the ambition of Bernie Ripoll, Chair of the Parliamentary Joint Committee on Corporations and Financial Services (the PJC), to improve consumer engagement

continue reading

Socialist approach of MySuper encourages member disengagement

From

The Government’s Stronger Super package released this week unnecessarily dumbs down superannuation, encourages Australians to disengage with their super and wilfully ignores the fact that there are already many viable,

continue reading