Search ResultsShowing 11 - 20 of 100+ results for "MySuper"
APRA responds to industry concerns
ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
... issues, clarifying expectations, improving clarity for the section on comparison component of the outcomes assessment for MySuper products and removing unnecessary and duplicative drafting relating to the insurance strategy assessment. APRA reiterated ...
Underperformers should not be allowed new members: Silk
HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... would essentially mean underperforming super funds could not onboard any new members. Silk added APRA's recently unveiled MySuper heatmaps were a good idea conceptually. He said if the tool works as well as the regulator hopes it will, it will have the ...
Super Fund of the Year named
ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... features 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 ...
Industry fund bumps up fee for ESG option
KANIKA SOOD  |  TUESDAY, 19 NOV 2019
... members are invested in the option, according to its annual report for the FY19. Its recent return has been on par with the MySuper balanced option, but it falls behind on 10-year annualised returns. The ESG option returned 6.8% in the year to June end ...
FSC, ISA face off over APRA heat map
HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... 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 on APRA's new ...
Media Super winds up income investment option
ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... their Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation of their investment options to be drawn down as ...
No pat on the back for high performers: APRA
HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... chair Helen Rowell revealed how the regulator's long-mooted heat map system for demonstrating the performance of MySuper products will work. Set to be widely uncovered later today, APRA's heat map focuses on underperforming funds and not high ...
Cbus enters corporate super
JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... employees will be transferred into Cbus Industry Super. The new offering will see a member defaulted into Cbus' Growth MySuper option, if they don't choose otherwise, but includes the benefit of automatic tailored insurance dependent on the member's ...
APRA begins super data transformation efforts
HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... have a specific focus on the choice segment, which so far has not been subject to the same level of data collection as MySuper products. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the move would finally allow ...
Industry fund revamps MySuper offering
KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...
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