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Showing 261 - 270 of 397 results for "MySuper products"

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... MySuper transitions as a result of their Accrued Default Amounts now being fully transferred across into lower cost MySuper products. Within MySuper, lifecycle investments grew even faster as they jumped 34% and have now broken through the $200 billion ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... research shows lifestage (also lifecycle) MySuper returns for 40-year-olds have outperformed single strategy MySuper products in the 12 months to June 2017. On average, MySuper lifestage products for people in their 40s returned 11.6% compared to 10.8% ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... two given super products can be deemed equivalent as long as their features are broadly similar. Super funds' MySuper products are automatically considered equivalent. Furthermore, these "equivalent rights" can be assessed for groups of members rather ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... including information on how the fund sets its fees and the way it spends members' money. Strengthening default MySuper products including a stronger annual assessment of MySuper product outcomes to ensure the investment and insurance strategies, fees ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
... attractive to consumers and would be forced to lower their fees. Currently this is not what is observed, amongst MySuper products there are variations of well over one percentage point between the lowest and highest fee products." Putting forth its recommendation ...

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
... breaking through 90%. SelectingSuper expects the buoyant investment returns could see more than one third of MySuper products break double digits. Driving the returns this financial year is that in four of the past five years superannuation funds on ...

Weaker returns for SMSFs: Rainmaker

KARREN VERGARA  |  THURSDAY, 8 JUN 2017
Self-managed super funds delivered lower returns compared to MySuper products in the 12 months to April, according to Rainmaker's SuperGuard 360 SMSF performance index. The SG360 SMSF reference index generated a return of 10.3%, slightly underperforming ...

Retail super fund members increasingly satisfied

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
... gains among lower-value clients." "This is possibly due in part to the introduction of the no-frills, low-cost MySuper products over recent years which appears to be mainly impacting on the less engaged, lower-value customers who didn't actively select ...

Default retirement products not good enough: Milliman

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... have an opportunity to become a central retirement hub for members," Gebler stated. Gebler believes that, unlike MySuper products which largely appear relatively similar, CIPRs should look fundamentally different if funds have genuinely analysed and ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
... decreased by 11% as a result of lower advice income, transitioning customers from legacy products to lower-fee MySuper products, higher regulatory compliance costs, as well as a spike in general insurance claims from Cyclone Debbie. The life insurance ...