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Showing 191 - 200 of 221 results for "performance test"

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future, Your Super legislation is due to hand out its results to superannuation funds on August 30. ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... LifetimeOne LifetimeStart has three-year returns of 8.1% p.a. Both funds indicated they had not yet received their APRA performance test results, which the regulator is to finalise by August 30 "Following much discussion and due diligence, coinciding ...

Superannuation assets hit $3.3tn

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... the Quarterly MySuper Statistics for the June 2021 quarter on August 31, along with the Your Future, Your Super Performance test publication.

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... Quarterly Private Infrastructure Fund Index (Unfrozen) have been selected by the Australian government as the performance test benchmarks. The index provider welcomed news that two of its indexes had been selected. It noted that as super funds increasingly ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future, Your Super regulation included the shorter time-horizon for administration fees ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... members' meetings, and further strengthening of prohibition on funds offering inducements to employers. "The final performance test methodology will see the administration fee component of the test based on the administration fee charged by the product ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products ...

Funds will fail YFYS test multiple times: Parametric

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
... latest researcher to run the numbers says as many as 20% of super funds could fail the Your Future, Your Super performance test in any given year, with a strong likelihood they'll fail again in the years to follow. According to Parametric modelling ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The average super fund has a 10-15% chance of failing the Your Future, Your Super performance test in any given eight-year period, but some may need to dive a little deeper to determine how at-risk they are, Willis Towers Watson says. Following analysis ...