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Showing 121 - 130 of 559 results for "MySuper product"

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... returned 22.2%. To gauge how that return would flow through to members if the fund were a government sponsored MySuper product, Rainmaker applied a general taxation rate of 6% to its performance and an assumed 0.2% annual administration fee. The result ...

MySuper continues stellar performance

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... of seven age cohorts on the back of strong equity markets. CBA's Essential Super is best-performing lifecycle MySuper product across the most age cohorts, followed by Mine Super, CFS FirstChoice Employer and Telstra Super. Rainmaker's Retail MySuper ...

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... suspended from today. After September 10, the fund will switch members who don't switch themselves to its MySuper product. A spokesperson said the decision stems from "declining member demand" for the single-asset class option, which has made it ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
Occupational exclusions in group insurance are under the microscope as the federal government reviews their fairness and appropriateness. Senator Jane Hume has opened consultations for the review until October 14, aiming to find solutions to problems ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
ASIC says it will be watching that super funds don't force members of failing MySuper or Choice options to their other products that don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
Only half of superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
At the AIST's annual investment conference, APRA general manager superannuation 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 ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... Super's MySuper, BT Super MySuper and lastly, the Victorian Independent Schools Superannuation Fund's MySuper product. Rainmaker analysis concluded, similarly to Frontier, that several of the funds that failed the test were actually good performers. ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
On the opening day of its annual ASI Conference, and in light of the APRA performance test results, the Australian Institute of Superannuation Trustees' Eva Scheerlinck has expressed concern about the number of Australians that remain unaware their ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Colonial First State yesterday said it will drop the administration fees on its FirstChoice Employer Super products from, ahead of the Your Future, Your Super test results today. Effective October, CFS will charge FirstChoice Employer customers 30bps ...