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Showing 181 - 190 of 380 results for "MySuper products"

MySuper lacks risk and return correlation: Research

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
... inaugural RMetrics MySuper report took a deep dive into the relationship between performance and volatility of MySuper products in the three years to March 2019 and found the level of risk within underlying investments is not commensurate with the reward. ...

Linda Elkins to depart Colonial First State

KANIKA SOOD  |  MONDAY, 8 JUL 2019
... Commission hearings last August, where she was questioned about errors during the company's transition to MySuper products in 2014. This story was updated at 10.30am to reflect new developments.

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... and under, lifecycle strategies outperformed the single strategies. In terms of retail versus not-for-profit MySuper products, NFP continues to dominate the default sector with an 83% market share - a position that remains unchanged since March 2017. ...

Super figures point to NSW victory

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
... reveals New South Wales based super funds are edging out their Queensland opponents 3-2 across five key categories: MySuper products among the top 10 funds in the country Lifecycle products among the top 10 Average fees Default death and TPD insurance ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... concerns to contact AMP directly or their financial adviser," it said. "In 2018, we cut fees on our flagship MySuper products, benefiting approximately 600,000 existing customers as well as new customers, improving member outcomes. In 2019, we also cut ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... returned 7.8%. Overall, total superannuation assets reached $2.8 trillion, up 6.7% in the 12 months to March. MySuper products grew double digits in the last year at 10.8%, hitting $713.3 billion.

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle option ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... for up to four years. Currently, superannuation funds with more than five members must disclose dashboards for MySuper products only. ASIC has amended Class Order CO 14/443 to defer choice super product providers' obligations until 1 July 2023. "This ...

Financial product design and distribution law passes

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... there is a suspected contravention of the law and to make exemptions and modifications to the new arrangements. MySuper products, margin lending facilities, securities issued under an employee share scheme and fully-paid ordinary shares are exempt from ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... coverage for permanent incapacity insurance. Frydenberg said standardising terms, definitions and exclusions for MySuper products would see superannuation funds become more competitive on price, benefit level and claims handling experience. "Stakeholders ...