product dashboard

Investment Strategy

Funds put product dashboard in the dark

Some super funds have incurred the displeasure of the Australian Securities and Investment Commission (ASIC) by putting links to their product dashboard in unobtrusive positions on their website. The product dashboard provides members with five essential facts on their Mysuper fund; the return target, actual returns, a comparison with previous returns, the level of investment […]
Opinion

The misguided idealism of Arthur Sinodinos

There are many reasons to applaud the discussion paper issued by Treasury on better governance and transparency in superannuation, but its ownership by someone without an in-depth knowledge of retirement planning is worrying. That Arthur Sinodinos, the minister for financial services and assistant treasurer, also has a background in banking and thus a clear bias […]
Policy and Regulation

MySuper: on time, biding time

First State Super’s chief operating officer Graeme Arnott is concerned at the amount of MySuper regulations that remain unresolved as the launch date approaches. However, he has pledged to take the fund’s MySuper product live on July 1, unlike funds such as Sunsuper, which is delaying the launch of its products to more easily comply […]
Policy and Regulation

Stronger Super reporting phased in from 2014

New statistical data collections that form part of new Stronger Super requirements will now be phased in from 2014, says Australian Prudential Regulation Authority deputy chair Ross Jones. The exception will be superannuation funds with MySuper authorisation. “The reporting framework is still not completely finalised. There’s still work to be done, for example, on the […]