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Showing 311 - 320 of 560 results for "MySuper Product"

Super fund shortlist practically advice: IOOF

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
IOOF is questioning the Productivity Commission's recommendation for a "best in show" superannuation fund shortlist, saying it is akin to providing financial advice. The ASX-listed financial services giant said it is uncomfortable with the proposal ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
At a time when default superannuation is under the Productivity Commission spotlight, it is important to recognise MySuper now represents one-quarter of Australia's $2.6 trillion super system - and it's growing fast. Latest Rainmaker analysis ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
... BTFG chief executive Brad Cooper said until now it has supported an "open market" model where any APRA-approved MySuper product is free to compete for default status as opposed to a model where an independent body, that could be susceptible to political ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... in the 12 months to April 2018. The average SMSF returned 6.6% before fees and tax, while the average default MySuper product hit 7.8%, according to SuperGuard360 SMSF performance indices released yesterday. The SMSF sector's lax performance stems ...

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
... average total fee of 1.24% and 1.23% respectively. For what it's worth, NSW has the most expensive and cheapest MySuper product between the two states. On average, a 25-year-old will pay more per week for Death and Total and Permanent Disablement ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth operations ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... could be doing better. If all members in these underperforming products received the median return from a top-10 MySuper product, they would collectively be $1.3 billion a year better off." Additionally, in the choice segment, "more than $50 billion ...

GROW Super seeks RSE licence

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... products on behalf of about 46,000 members, paying an average fee of 1.48% or about 50% higher than the average MySuper product. While some are still little more than a website and a waiting list, those which have launched impress many - incumbent super ...

Agriculture investment under parliament microscope

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
The practical barriers to superannuation investment in Australia's agricultural sector are now the subject of a Federal Parliament inquiry. The house standing committee on agriculture and water resources will accept submissions to the inquiry as the ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
Superannuation funds could top up lifecycle members' end savings by about 30%, if they make a "mid-step" switch to defensive equities instead of gradually increasing allocations to bonds, according to new analysis from Parametric. Parametric's latest ...