Search Results | Showing 11 - 20 of 49 results for "Platform products" |
| | | ... retirement members averaged $216,000 and $344,000 respectively to the 30 June quarter. Further, investments via platform products represented $346.8 billion or 28.6% in choice member assets, APRA said. It comes after APRA recently called out a significant ... |
| | | | The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ... |
| | | | ... performance of 57 MySuper products and 590 TDPs, a subset of the choice segment that comprises non-platform and platform products. Of the TDPs, 37 out of 192 platform products failed to meet the test benchmarks. This includes 27 products which have failed ... |
| | | | ... for trustee-directed products (TDP) launched last year. Ninety-six TDPs failed the test, of which 20 were non-platform products and 76 were platform products. After conducting an audience poll, Chu said that many agree that the test encourages short-term ... |
| | | | ... continuing to assess super fund fees in the test but suggested raising the representative member to $100,000 for non-platform products and $250,000 for platform products, up from the current $50,000, as member balances grow. Additionally, the Institute ... |
| | | | ... trustee-directed products both on and off-platform. Of the 96 trustee-directed products to fail, 20 are non-platform products (4%) and 76 are platform products (25%). Further, on-platform products represented just 5% of the total FUM assessed, 50% of ... |
| | | | ... superannuation and chief distribution officer Mark Oliver echoed many of AMP's concerns. Applying the test to platform products is "ill-conceived", he said, adding that the methodology designed for MySuper, where members have one product, is in stark ... |
| | | | ... The new fee applies to superannuation, pension and IDPS clients across the MyNorth, North, Summit and iAccess platform products. The recent fee cut follows on from a reduced administration fee, up to 22% in savings for balances above $250,000. Administration ... |
| | | | ... from $34 and applies to superannuation, pension and IDPS clients across the MyNorth, North, Summit and iAccess platform products. The recent fee cut follows on from a reduced administration fee up to 22% for balances above $250,000. Administration fee ... |
| | | | ... third of the non-super investment market is now concentrated in managed accounts. Five of the 10 fastest growing platform products are either managed accounts of offer model portfolios. The fastest growing are Pursuit Focus Allocated Pension, BT Panorama ... |
|