Search Results | Showing 111 - 120 of 568 results for "MySuper Product" |
| | | Superannuation continues to break milestones, reaching $3.4 trillion in the year to September. Thanks to a 55% allocation to equities, the latest APRA statistics show that the superannuation pool reached another record high. Some 23% of total assets ... |
| | | | ... action may follow, Cole said. "Ultimately, the best way for EISS to optimise outcomes for members of its struggling MySuper product is to transfer them to a more sustainable and better performing product as soon as possible," she said. "The new licence ... |
| | | | Financial Standard understands BT is preparing to announce the sale of its superannuation business, with the group confirming changes are underway. Financial Standard understands several roles were made redundant yesterday, with more expected throughout ... |
| | | | ... Super's MySuper, BT Super MySuper and lastly, the Victorian Independent Schools Superannuation Fund's MySuper product. While it's still early days, APRA is urging workers to reassess their super arrangements as soon as possible. "The trustees ... |
| | | | ... test value in the December heatmap. APRA said it intends to publish the performance test values as part of the MySuper product heatmap, due to be released in December this year. The regulator also disclosed the representative administration fees and ... |
| | | | ... individualised portfolio without the hassle of administrating and consolidating off-platform assets," he said. AMG's MySuper product was one of 13 funds that failed APRA's inaugural performance test. It joined the likes of ASGARD Employee MySuper, Australian ... |
| | | | Choice products charge significantly higher and tend to underperform compared to MySuper options, new analysis by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will ... |
| | | | ... management of superannuation have swirled for years. Should this materialise, comparing costs with the average MySuper product would see the Future Fund charge significantly more. Currently, MySuper has a total cost ratio of 1.07% on average (see Figure ... |
| | | | ... in 10 default MySuper products reduced fees in 2020/21, with fees now averaging 1% overall. The average default MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% ... |
| | | | ... misled members on almost 13,000 regarding investment decisions, possibly deterring them from moving to a cheaper MySuper product. "The $20 million penalty handed down to Colonial is a timely reminder to superannuation trustees not to mislead members ... |
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