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Showing 161 - 170 of 396 results for "MySuper products"

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
... However, transfers of members between MySuper produces will, in almost all cases, satisfy the equivalency test given MySuper products are legally required to have the same core characteristics and embedded rights, Carmody said. Carmody went on to say ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit funds are ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... MySuper benchmarking report has seen industry funds on top for market share and performance as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. The largest super fund ...

NFP super fund performance revealed

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... month of March was -9%. While not naming names, Rainmaker compiled a tally of March investment returns from 15 MySuper products run by NFP funds - including some of the country's largest - that declare daily unit prices and crediting rates. The analysis ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... "potentially in doubt". The June update was set to only include new data for the fees and costs of Australia's MySuper products, and was confirmed by APRA last week. However, the spokesperson said discussions were still ongoing within the regulator ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... Royal Commission heard former CFS general manager Linda Elkins admit 15,000 super members had not been moved to MySuper products by the deadline. The Royal Commission also heard CFS encouraged customers to stay in super options with commissions and/or ...

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 ...