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Showing 171 - 180 of 217 results for "Performance test"

ETFs hit $125bn milestone

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Australia's exchange-traded fund sector reached another milestone, hitting $125 billion in August. Equity ETFs continue to dominate inflows, representing the majority (85%) of total flows for the month. International equity ETFs had over $1.4 billion ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... months. CFS's MySuper product FirstChoice was recently named among the 13 funds that failed APRA's first performance test for MySuper members. On the day CFS was slated to receive the results (and a day before APRA posted the results more widely) ...

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... regulated would also be fascinating to see unfold," he said. "For example, would it also be subject to the APRA performance test?"

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... two funds said they have decided to not merge. At the time both funds said they had not yet received their APRA performance test results, which the regulator posted to funds on August 30. In the final results, NGS passed but ACSRF failed. "Following ...

ASIC to watch member shunting to untested super products

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... super funds don't force members of failing MySuper or Choice options to their other products that don't face a performance test. The first round of the Your Future, Your Super performance only test applied to 80 MySuper products, out of the thousands ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's annual ASI Conference ...

Time to weed out dud funds: Delaney

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... fund on track to have inflows of $20 billion next year. Asked for his thoughts on the Your Future, Your Super performance test Delaney agreed with many in the industry that it is imperfect in its measurement of performance. However, he made it clear ...

How YFYS test will change currency investments

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
A panel at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference has discussed how the Your Future, Your Super test and ESG will change funds' approaches to currency. QIC head of currency Stuart Simmons said super funds could ...

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... lecturer Elisabeth Sinnewe says some members may be lulled into a bad choice about superannuation when they read the performance test results. Sinnewe discussed the behavioural aspects of consumer choices, especially when they receive a letter from their ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference, Ellis said APRA can change the indices either via seeking approval from ...