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Showing 11 - 20 of 69 results for heatmap

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... performance via the transparency provided on performance metrics in its MySuper and Choice Heatmaps. It will publish the heatmap, which is being updated using data submitted through the new APRA Connect system, for the first time in early 2023. Working ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
The regulator has placed additional conditions on the trustee's RSE licence, flagging serious concerns with Diversa's ability to manage risks and deliver quality outcomes for members. APRA explained that the new conditions are designed to address ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
AvSuper confirmed its potential merger with Commonwealth Super Corporation is progressing, while also significantly reducing administration fees for members. Following an Expressions of Interest process, AvSuper signed a Memorandum of Understanding ...

SS&C launches super offering, secures Mine Super mandate

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... with access to leading technology capabilities that will help the fund deliver superior member outcomes. Last week, APRA heatmap data showed that Mine Super's MySuper product was poor performing in the context of a rolling eight-year benchmark. Further ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... industry have questioned the performance evaluation methodology. Rainmaker Information executive director Alex Dunnin said heatmap assessment models may not be as useful as many industry observers once thought. "APRA's heatmaps are still struggling ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... or insurance as a result of the funds singing this MoU. Yesterday, as reported by Financial Standard, according to APRA heatmap data, Mine Super's MySuper product was said to be poor performing in the context of Heatmap benchmarks over eight years. ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The annual MySuper heatmap shows there are six products that had significantly poor performance in relation to the benchmark. EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
Assistant treasurer and minister for financial services Stephen Jones has doubled down on overhauling transparency requirements so members can access clearer, more meaningful, and more consistent information about their fund. "Decades of scattergun ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
Frontier's ' Super in the Economy ' report says super funds haven't invested more capital into private markets because of the Your Future, Your Super (YFYS) performance test and that there are opportunities to create further investment in the sector. ...