My Super

Policy and Regulation

ASIC strategy: targeted surveillance

The Australian Securities and Investments Commission (ASIC) will be taking a targeted surveillance approach to how superannuation funds undertake intra-fund advice, with particular regard to disclosure and transparency. The focus falls under the regulator’s facilitated-compliance approach as My Super kicks in at the beginning of July, according to Gerard Fitzpatrick, senior executive leader for investments […]
Retirement

Industry funds deny low-cost status

Industry funds will not own the low-cost space post-Stronger Super and the industry should be prepared for the influx of bespoke products like SMSFs and individually managed accounts (IMAs), said Paul Watson, executive manager of member choice and advice at Hostplus. Speaking at last week’s Post-Retirement Conference, held by Conexus Financial in association with AIST, […]
Insurance

Rising premiums and tender differentiation

When Media Super switched from ING’s One Path last December to Hanover Insurance Group, it ended a relationship that began in 2008. At the time, One Path was the group insurer for Just Super, which merged with Print Super into Media Super, a $3 billion industry fund that primarily attracts workers in the media and […]