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Showing 301 - 310 of 397 results for "MySuper products"

Retail super bounces back

STAFF WRITER  |  THURSDAY, 5 MAR 2015
... 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 ...

Performance competition returning to default super

STAFF WRITER  |  THURSDAY, 12 FEB 2015
... reflects the strong debut of life stage investing options within the MySuper sector as most of the eight retail MySuper products in the top 20 were life stage options. Indeed the top four products at end December were retail products: IOOF Employer Super ...

Super modern awards anti-competitive: FSC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
... MySuper listings in the 122 modern awards. Retail funds, meanwhile, only account for 5% (83% of retail funds with MySuper products approved by The Australian Prudential Regulation Authority (APRA) are excluded from the default modern award system). According ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... strengthen its main objective of removing superannuation from awards altogether, thus opening up the market to all MySuper products. In this cause, industry fund Cbus's recent woes in the Royal Commission into Trade Union Corruption and Governance - ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
... borrowing by superannuation funds and the introduction of a competitive process to allocate new workforce entrants to MySuper products. Provisions that deny some workers the ability to choose their own super fund should also be removed. The report says ...

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
... efficiency during accumulation: Introduce a formal competitive process to allocate new default fund members to MySuper products, unless a review by 2020 concludes that the Stronger Super reforms have been effective in significantly improving competition ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... MySuper statistics released by the Australian Prudential Regulation Authority (APRA). The figures show balanced MySuper products delivered on average 1.5% net returns to members, compared to 2.1% in the June quarter. This puts the half year average at ...

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
Less than half of retail workplace default account balances have been transferred across into MySuper products, raising concerns the slow retail MySuper transition is costing retail super fund members hundreds of millions of dollars in extra fees. Rainmaker ...

Super returns dip to 9.0 pct

STAFF WRITER  |  TUESDAY, 4 NOV 2014
... not-for-profit (NFP) super funds achieved 12 month returns of 9.3% and retail funds (ie corporate master trusts and retail MySuper products) achieved 7.9% for a segment gap that has bounced up again to 140 basis points. The researcher said the long-term ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
... Australia, for example, recently said: "Wholly indexed investment approaches embraced by the cheapest retail MySuper products have on average underperformed comparable Industry SuperFund balanced options on a net basis by 83 basis points per year over ...