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Showing 161 - 170 of 380 results for "MySuper products"

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... wealth solutions which help our clients build wealth for retirement. They follow separate fee cuts for AMP's MySuper products and MyNorth wrap platform clients in 2018 and 2019," she said. The reductions are part of AMP's major program to simplify ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... industry super funds have over their retail counterparts when it comes to member outcomes. Just 15 of the 96 MySuper products managed to score white cells across all categories of performance. Of those products, 12 are offered by industry super funds. ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
The prudential regulator has finally published its long-awaited heat map for MySuper products, with deputy chair Helen Rowell saying it's likely many in the industry will feel uncomfortable. APRA released the first iteration of its MySuper heat ...

Industry funds dominate risk-adjusted MySuper returns

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... fund continues to lead Australia's superannuation industry when it comes to providing risk-adjusted returns in MySuper products, producing a risk-adjusted return of 9.3% p.a. and a Sharpe ratio - the amount of returns per unit of risk - of 2.0 over a ...

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... net profit as it trimmed its platform fees. This included lowering the investment management fees for lifestage MySuper products. In August, it halved the maximum trail commissions that advisers could collect for its nil-entry-fee (NEF) options that ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... for the period. However, retail's win over industry only holds for the most recent periods. "While retail MySuper products currently have the advantage over the short-run, NFP MySuper products on average remain ahead over the three, five and 10-year ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... superannuation heat map, Byres said the goal is to help drive better member outcomes by "shining the light" on MySuper products that need to improve. "For the past couple of years, we have been focused on using data to weed out the under-performers in ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
... clarifying expectations, improving clarity for the section on comparison component of the outcomes assessment for MySuper products and removing unnecessary and duplicative drafting relating to the insurance strategy assessment. APRA reiterated it expects ...

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... rigour" across the super system, including the choice sector, where underperformance was more prevalent than in MySuper products. "This is the first step to ensuring consumers have the information they need to be able to look at different funds and products ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... Helen Rowell revealed how the regulator's long-mooted heat map system for demonstrating the performance of MySuper products will work. Set to be widely uncovered later today, APRA's heat map focuses on underperforming funds and not high performers ...