Page 4 - Future Your Super News Today

Conservative choice products will be challenged by the Your Future Your Super (YFYS) performance test, with a number of problems and inconsistencies in the new regime set to be revealed, says a superannuation consultant.

With the Reserve Bank on a definite course towards raising interest rates, it’s time for investors to think hard about how to protect their returns from inflation.

But the cheapest retail funds are now as low cost as the cheapest not-for-profit funds, research shows.

ASIC today released updated information for employers and trustees about changes affecting the distribution of superannuation products as a result of

New super laws mean you need to check your insurance We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Shane Hempenstall was working as an interstate truck driver when he was struck on the head and suffered a brain injury that caused him to become totally and permanently disabled (TPD). Before the accident, his employer Scott Group had signed the 58-year-old up to an MLC superannuation fund which claimed to have a TPD payout of ...

New year, new super changes New year, new super changes As a host of changes to super kicked off at the start of the new financial year, industry and government squared off around who the new reforms might benefit. A A  As of 1 July the super guarantee rises to 10 per cent of workers’ base salary, with industry fund advocacy group Industry Super Australia touting its benefits for younger employees in particular. “In total Australians will get an extra $1.5 billion paid in super in the next...

Who’ll benefit from this year’s super changes? By Sarah Kendell 01 July 2021 As a host of reforms hit the super space for the 2021-22 financial year, government and industry players have been quick to highlight their benefits and flaws. As of 1 July the super guarantee rises to 10 per cent of workers’ base salary, with industry fund advocacy group Industry Super Australia touting its benefits for younger employees in part...

‘The biggest reforms’ since compulsory super was introduced will ‘staple’ workers to a fund and allow for easier comparisons

The ACTU condemns the passage of the Your Future Your Super bill through the lower house. This bill represents an ideological attack on the...

Barnaby Joyce had ‘real concerns’ provision would have allowed future Labor government to cancel investments in fossil fuels