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Showing 171 - 180 of 396 results for "MySuper products"

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 ...

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 ...