Search Results | Showing 11 - 20 of 32 results for "retail MySuper" |
| | | Retail MySuper products grew four times faster than not-for-profit (NFP) products in the year to September, Rainmaker's latest MySuper report shows. The pool of retail MySuper assets grew 24% year-on-year to $610 billion, while NFP assets increased ... |
| | | | ... third. Because of the lower fees in these funds, though, they collectively represent less than 50% of fee revenue. Retail MySuper products have much lower fee structures than their choice counterparts, but because the majority of retail assets remain ... |
| | | | ... 13.7% respectively. As July's deadline loomed for the MySuper transition, Rainmaker said it is not surprising that retail MySuper accounts grew in the last three years from $17 billion to $103 billion and most of this growth occurred in the past 12 months. ... |
| | | | ... other recently launched boutique superannuation products but this places them slightly higher than the average retail MySuper product. Members willing to pay a higher 1.85% fee for the personal product variant, however, get access to more investment ... |
| | | | ... were given to switch their default members into MySuper products; impacts that could "multiply four-fold" if the retail MySuper product they're placed in underperforms by 1% - something ISA says has been the trend since MySuper's 2013 inception. While ... |
| | | | ... the retail lifecycle funds represented 1.98 million member accounts, with additional members in single strategy retail MySuper funds. As the balances accumulate for the members in these new retail accounts it is likely that the assets share of MySuper ... |
| | | | ... fears banks will leverage existing business relationships or use inducements to entice employers to switch to a retail MySuper default product. The Association of Superannuation Funds of Australia provided balance to the debate. The industry body's chief ... |
| | | | ... reforms to deliver lower fees to working Australians," FSC chief executive Sally Loane said. Even if traditionally retail MySuper products have higher fees than industry funds, Loane argued that "a number of FSC member companies have very low fees in ... |
| | | | ... retained, arguing that scrapping it would collectively cost employers $1.8 billion. Dropping the safety net would allow retail MySuper funds to compete in the default superannuation sector, but ISA's statement said it would "impose a time-consuming financial ... |
| | | | ... performance index made a remarkable recovery during January as it surged 320 basis points to reach 11.5%, with retail MySuper products stretching their short term segment lead to 0.7%. Three year super fund average annual returns are, however, higher ... |
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