The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 11 - 20 of 100+ results for "MySuper"|
|... risks. These funds could run campaigns to convert members into choice products that are very similar in structure to the MySuper product. This will mitigate the effectiveness of the legislation." Alternatively, trustees can potentially establish and ...|
|After four years of offering its MySuper option as a lifecycle product, Tasplan plans to switch back to single strategy citing higher costs among the reasons. The $11.5 billion superannuation fund is set for a merger with the $12.6 billion MTAA Super ...|
|... underperformance within the asset classes remains rife, according to new Rainmaker data. Rainmaker's November 2020 MySuper index has reached a record high, bouncing back 15% since March 2020. November saw the local and international share markets ...|
|... market indexes represents almost half of all superannuation assets." The report also revealed that one-third of default MySuper products are tracking below their investment objectives. The report compared super fund asset class sector average returns ...|
|... underway on implementing the merger, the two funds said, adding that they are focussed on establishing a joint entity and one MySuper product. LGIAsuper has $13 billion in assets under management with 75,000 members. Energy Super manages $8 billion in ...|
|... 2020," APRA said. During the period, APRA was proud to increase its transparency and media engagement on matters like the MySuper heatmap, upgrading its quarterly Insight publication, and expanding its consumer-directed website content and social media ...|
|The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...|
|... took place this year, Financial Standard was first and often the only publication across many of them; Perpetual exiting MySuper via SFT to CareSuper , Equipsuper swallowing up the Pitcher Retirement Plan , LESF Super transferring to Smartsave and, the ...|
|... with the default." The report found that there is a wide variation in the kind of default insurance cover offered through MySuper products. For example, ASIC found some large MySuper products offered over 20 times as much default cover as others. The ...|
|... issuer or a gift. Thirdly, superannuation funds cannot charge fees on an ongoing basis for personal advice provided to MySuper products (for a 12-month period). More generally, super funds cannot charge a member fees for advice provided unless the fee ...|
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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