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Showing 241 - 250 of 561 results for "MySuper Product"

CFS culls grandfathered commissions, slashes fees

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
About 6000 financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
Superannuation funds are on their way to deliver 13% for the calendar year, and so far retail funds are outstripping industry funds' MySuper returns by 1.8%. The MySuper Index from SelectingSuper returned 10.9% for the 12 months to October end ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
The prudential regulator has told the House of Representatives Standing Committee on Economics that despite tough conditions it has shown an increased appetite to be "constructively tough". APRA chair Wayne Byres told the committee that broader enforcement ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... and services its growing number of members need." AustralianSuper was also named best in show for its flagship MySuper product. "It is one of Australia's most consistent investment performers too, ranking in the top 10 in three of the past five years. ...

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
Two of the most influential lobbying groups in superannuation have taken vastly different positions on APRA's recently unveiled MySuper heat map. The Financial Services Council and Industry Super Australia have aired uniquely different perspectives ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... better performing MySuper products, or be seen as a peer ranking mechanism. "There is no overall assessment. Each MySuper product is assessed against each metric. So it is entirely possible for a product to be white for some investment performance metrics ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
APRA is embarking on a multi-year project to improve the quality of its superannuation data collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny. Known as APRA's Superannuation ...

Industry fund experience lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2019
... the lowest number of negative months in the three years to June 2019. HESTA emerged as the best risk-adjusted MySuper product over the three year period. Meanwhile, EISS Super came out as least volatile. This story first appeared in Industry Moves.

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... authorised representative of Aon Hewitt Financial Advice from July 2011 to November 2018. The Aon Master Trust MySuper product has lower fees and costs than its legacy default super product - party because MySuper products are prohibited from paying ...