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Showing 241 - 250 of 397 results for "MySuper products"

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
... total MySuper assets are currently held in lifecycle strategies, according to Rainmaker research. About 26% of MySuper products offer lifecycle investment strategies. Retail funds dominate the segments with a 67% share. Even though the assets are mostly ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... Reference Index, SMSFs generated a 5.5% return (before fees and tax) - well below the returns for members invested in MySuper products. The SG360 Default Index, which is based on MySuper returns, achieved 9.6%. This lower performance by SMSFs is the ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
MySuper products now have more than $635 billion in assets and account for about one-quarter of Australia's $2.6 trillion superannuation system. Rainmaker's latest MySuper report shows the sector is growing at twice (19%) the pace of overall superannuation ...

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
... definitions for disability insurance, tackling multiple insurance accounts and covers, and reconsidering default MySuper products. Addressing cyber threats, Rowell said APRA is slated to finalise a prudential standard on IT security by November for a ...

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... receive $35.7 billion in benefits as a pension payment. Overall, superannuation assets climbed 10% to $2.6 billion. MySuper products contributed $635.2 billion to the total asset pool, representing a 19% increase year-on-year. Self-managed super fund ...

Retail MySuper outpacing NFP products

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
Retail MySuper products grew four times faster than not-for-profit (NFP) products in the year to September, Rainmaker's latest MySuper report shows. The pool of retail MySuper assets grew 24% year-on-year to $610 billion, while NFP assets increased ...

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
... bills were reintroduced in September and, among several policies, attempt to strengthen APRA's oversight over MySuper products; and mandate the appointment of independent directors to industry fund boards. They were put on hold after Senator Patrick ...

Meat industry fund welcomes new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... performance to September 2017 of AMIST Super's flagship MySuper option is above the average of all available MySuper products.

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... all super funds. Other reforms include the strengthening APRA's powers to include an annual assessment of all MySuper products, new oversight to ensure that funds are transparent about how they spend members' money, closure of the loophole that allowed ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... average of nearly 200 investment options when many funds have a significant proportion of members in their default MySuper products and hence relatively few members in each of the many choice investment options on offer," she said. "And that is particularly ...