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Showing 151 - 160 of 380 results for "MySuper products"

Super women: Female-led funds on top

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... That's according to the latest data coming out of Rainmaker Information, which found that female-led funds with MySuper products perform better than their male-dominated counterparts. Funds with MySuper products have an average of 38% female representation ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... at no additional cost is potentially deceptive and allowing it to be charged from super accounts but not from MySuper products creates an uneven playing field.

Fight for MySuper advice fees kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
... to access quality financial advice is not in our members' or the community's best interests," Stewart said. "MySuper products are designed to be simple, but that doesn't mean that members in these products don't require the same advice and guidance to ...

Super chief opposes SG increase

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2020
... under-performance is a risk where the total value of SMSF is equivalent to the amount invested in highly regulated MySuper products. "Of the total superannuation assets of $746.2 billion, 25.5% are invested in SMSFs. This is nearly the same amount invested ...

What SMSFs will look like in 2030

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... aren't thinking about retirement. He predicted a shift away from MySuper to choice products that are aligned to MySuper products - saying these will suit those who want to stay in a product with low fees but have a different risk profile. "I'm bullish ...

Retail funds outperform, but industry funds dominate

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... MySuper product and Telstra Super's Corporate Plus MySuper Growth option both returning 9.4% over three years. MySuper products earned 15.2% for the year ending December 2019 according to the analysis, representing the sector's best performance in six ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... consequence, there is still an emphasis on product disclosure legally. With APRA focussed on eliminating poor performing MySuper products and ASIC's new design and distribution obligations and product intervention powers, Rice Warner predicts financial ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer Josh Frydengberg ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... fees in superannuation. Draft legislation will remove the ability of super trustees to charge advice fees from MySuper products. Trustees would still be permitted to charge fees in relation to intra-fund advice as administration fees. That draft also ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... at close of business on Monday, which for the first time will allow trustees to compare the outcomes of all 96 MySuper products offered in Australia. Speaking with Financial Standard, TTS managing director and chief executive Douglas Bucknell said the ...