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Showing 91 - 100 of 396 results for "MySuper products"

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... administration fee. The result sees that 22.2% headline return discounted by 1.53%, seeing it rank 10 th among MySuper products for the year. Meanwhile, making the same adjustment to the Future Fund's raw returns would see it drop to 14 th place. Rainmaker ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
MySuper products continue to deliver returns averaging 20% at the end of July, Rainmaker analysis shows. Rainmaker's MySuper Index returned 19.2% in the year to July 2021, surpassing June's rolling one-year return by 40 basis points. This makes July ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... 14, aiming to find solutions to problems that arise from occupational exclusions in group insurance provided by MySuper products. This includes issues for new members and members changing jobs and what options may be required for changes to the current ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper products, out of the thousands of superannuation products available to consumers. From July 2022, trustee-directed products will ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... This week, APRA's inaugural performance test named and shamed the worst-performing superannuation funds. The MySuper products of AMG Super, BT Super, Colonial First State and ASGARD are some of the bad performers from a total of 13 APRA singled out. ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... Katrina Ellis was asked if the regulator is keen on transparency, why it didn't publish the quantum by which MySuper products passed or failed the inaugural YFYS test. The test results released on Tuesday showed 13 funds failed, meaning they fell ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... returns must be taken into consideration. The results of the YFYS test, released yesterday, saw 13 out of 76 MySuper products fail. The failing funds were AMG MySuper, ASGARD Employee MySuper, Australian Catholic Superannuation and Retirement Fund's ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... as a good first step in improving transparency for members but urged for greater focus on poor performing, non-MySuper products. This would "ensure that every Australian could get transparency on where their super fund sits compared to others", she said. ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... firm estimates. The latest fee cut comes as the CFS FirstChoice Superannuation Trust is named as one of the 13 MySuper products that failed the inaugural Your Future, Your Super performance test. "Despite the strength of our recent investment performance ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This represents a pass rate of 84%. The full list of failing funds is: AMG MySuper, ASGARD ...