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Showing 171 - 180 of 560 results for "MySuper product"

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
ASIC has published a new report, aiming to determine whether consumers are receiving value for money in default insurance in superannuation. Report 675 Default insurance in superannuation: Member value for money explores metrics that ASIC said can help ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
New regulation that requires financial advisers to disclose conflicts of interest and stamp out fees-for-no service have been tabled in parliament. The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to strengthen many ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... across multiple asset classes," Money magazine said. Broken down, AustralianSuper took home the gong for best MySuper product. While it wasn't the highest performer this year, its low cost and returns over three, five and 10 years saw it home. Cbus ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
QSuper is building a new retirement product that guarantees a lifetime income, hoping to combat longevity risk and fears that retirees will run out of money. Chief executive Michael Pennisi told a recent member update that the product, while still in ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Superannuation assets totaled $2.9 trillion at the end of the September 2020 quarter, according to the latest statistics from APRA. Despite the effects of the government's early release of super scheme, coupled with market volatility and a sharp economic ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
Spaceship is adding a new active equities product to its managed funds lineup, with the fees waived off for first $5000 and 10bps per year after. The Spaceship Earth Portfolio is the third fund in Spaceship Voyager, its $225 million managed funds offering ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... especially pleased that the new legislation makes it crystal clear that it's illegal to hawk a member of a MySuper product into a choice product offered by the same fund. The complementary reforms announced in the Federal Budget to end the creation ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
The Australian Institute of Superannuation Trustees has criticised the government's Your Super, Your Choice reforms, saying they fail to protect existing members in underperforming funds. Outlining its view of the reforms, AIST pointed out the need ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
Spaceship is the best-value superannuation for younger members, which, based on new research, is outperforming its competitors by a long shot. Rainmaker's newly-released June 2020 Benchmarking report found Spaceship outclassed its peers in terms ...