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Showing 251 - 260 of 568 results for "MySuper product"

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 ...

AustralianSuper rules out SMSF options

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... Silk said at the sidelines of an ETF conference at ASX in Sydney yesterday. Silk also ruled out switching its MySuper product from single strategy to lifestage. "We have looked at lifestages...but we find that there is a much higher proportion of people ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... CFS' failure to transition $3.2 billion of accrued default amounts over to the lower-cost, higher-performing MySuper product in a timely way in the best interests of members. "The contraventions at the heart of this case resulted in members in FirstChoice ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
As APRA raises the bar for the superannuation sector, trustees are readying themselves for discomfort. But the prudential regulator believes the pain is necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees ...