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Showing 11 - 20 of 21 results for "Default MySuper products"

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Default MySuper products delivered negative returns in the 2019/2020 financial year, but the results weren't as bad as they could have been. According to the Rainmaker MySuper investment performance index, MySuper products delivered an average return ...

Women-led super funds continue to shine

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... super, the numbers show this has remained steady at 30% since 2016. Rainmaker analysed single strategy, default MySuper products offered by not-for-profit funds totaling about $860 billion in funds under management. The returns are dated 30 June 2018 ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... and tax) in the year to July 2018. Meanwhile the SG360 Default Index, which tracks the performance of default MySuper products, returned 10.2% per annum. Over a three-year period, returns for both the SMSF (7%) and MySuper (6.8%) sectors were almost ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... default MySuper product which would have resulted in $162, 504. SMSFs have historically returned lower than default MySuper products but the performance gap has widened in the last year. SMSFs underperformed default MySuper products by 1.2% over the ...

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 ...

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 ...

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 ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... diminished by $20,000 as a result of retail and bank-owned funds delaying the transition of members into default MySuper products. Research conducted by Rainmaker Information and commissioned by Industry Super Australia shows retail and bank-owned super ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
... allocation." Financial Services Council (FSC) chief executive Sally Loane welcomed the focus on fees among default MySuper products especially as some of the lowest cost MySuper products are retail products, a point reinforced by separate research released ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
The Association of Financial Advisers (AFA) is concerned that mandatory transfer to default MySuper products could lead to consumers losing their existing insurance arrangements and asked for an opt-in arrangement to MySuper. AFA chief executive Brad ...