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Showing 111 - 120 of 378 results for "MySuper products"

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... place." Twenty-four of BT Funds Management's lifecycle products scored mostly red, the worst possible rating MySuper products can be graded for a period of five years based on net investment returns. BT general manager of superannuation Melinda Howes ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... billion in the same period last year. APRA regulated assets were down 0.8%, of which $753.6 billion was invested in MySuper products which saw a loss of 3.3%. Annual member contributions also took a hit, bringing in $23.3 billion down 1.8% compared to ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... or corporate mandate channels. Its equities-heavy superannuation product topped recent Rainmaker analysis of MySuper products for members in their 20s, with 12.3% p.a. over three years ending June, and considering single-strategy products. The second ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... all super funds, the group said, citing the Productivity Commission's finding that choice products underperform MySuper products on average. "Without this, the members of products not included in the YourSuper comparison tool and performance assessment ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... superannuation open to claims it's a product designed only for old people," the report read. "In 2020, default MySuper products charged on average 0.15% p.a. for administration, 0.8% p.a. for investment management and $78 p.a. for member account-keeping." ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
... underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and use APRA's annual Member Outcomes Assessment to determine whether a product is considered to be underperforming. ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... likely to change. The new package of reforms includes an interactive comparison tool which allows members to see MySuper products ranked by fees and investment returns. In light of this, deputy chair Helen Rowell confirmed APRA will consider potential ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... retirement savings," she said. The package includes an interactive comparison tool which allows members to see MySuper products ranked by fees and investment returns. The tool will be based on information by APRA-regulated funds and persistently underperforming ...

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics. Advance Human Solutions managing director Alexandra ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...