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Showing 101 - 110 of 378 results for "MySuper products"

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... could lose up to $170,000 in savings. The Rainmaker Superannuation Benchmarking Report found that single strategy MySuper products at least matched, and often beat, the lifecycle MySuper index across all age groups over the three and five-year performance ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... As announced in the 20/21 federal budget, the performance benchmarking tests the net investment performance of MySuper products and is slated to commence from 1 July 2021. The products that have underperformed APRA's standards over two consecutive annual ...

MySuper eyes growth asset returns

KARREN VERGARA  |  MONDAY, 18 JAN 2021
MySuper products are achieving near growth-like returns yet incurring investment risk closer to that of balanced products on average, new research shows. Rainmaker's latest RMetrics report found the 55 MySuper funds analysed delivered three-year ...

Tasplan says goodbye to lifecycle MySuper

KANIKA SOOD  |  MONDAY, 11 JAN 2021
... of 55bps per year. It will use a 90:10 split in growth and defensive assets. MTAA Super uses a single strategy MySuper products. About 83% or $10 billion of the total fund assets were in its MySuper option, according to APRA institution-level data for ...

Super underperformance needs to be addressed: Research

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... indexes represents almost half of all superannuation assets." The report also revealed that one-third of default MySuper products are tracking below their investment objectives. The report compared super fund asset class sector average returns, across ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... default." The report found that there is a wide variation in the kind of default insurance cover offered through MySuper products. For example, ASIC found some large MySuper products offered over 20 times as much default cover as others. The premiums ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... a gift. Thirdly, superannuation funds cannot charge fees on an ongoing basis for personal advice provided to MySuper products (for a 12-month period). More generally, super funds cannot charge a member fees for advice provided unless the fee is charged ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital stable), equities, property, bonds, cash and ESG investment ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... maximise funds under management. Many industry stakeholders are calling for simple regulated products akin to MySuper products. The federal government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). Such products ...