There is skepticism that the prudential regulator will succeed in benchmarking the performance of Choice products, particularly as it is struggling to collect meaningful and comparable data across the 90 or so MySuper products.
Eva ScheerlinckFebruary 5, 2020
The prudential regulator has warned trustees of superannuation funds that flashed red or amber on its controversial MySuper heat maps late last year that they should act now to improve performance and reduce fees.
Sarah JonesJanuary 30, 2020
Assistant Minister for Superannuation Jane Hume has slammed the $2.9 trillion superannuation industry for its "complacency and inertia,” saying poorly-performing funds have “no place to hide” and that small funds should consider merging.
Elizabeth FryJanuary 29, 2020
Michael Rice has been made an Officer of the Order of Australia in Sunday’s Australia Day honours. He was recognised for his “distinguished service to business and economics, particularly to the actuarial profession, and through advisory roles."
Elizabeth FryJanuary 28, 2020