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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... specific focus on the choice segment, which so far has not been subject to the same level of data collection as MySuper products. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the move would finally allow members ... |
| | | | ... Vodafone and Travel Corporation Australia. In the recent Rainmaker RMetrics report ranking the best risk-adjusted MySuper products, Club Plus Super achieved the lowest number of negative months in the three years to June 2019. HESTA emerged as the best ... |
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