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Showing 331 - 340 of 560 results for "MySuper product"

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
It is crunch time for poor performing superannuation funds which will soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
ASIC has appointed a veteran of managed investments and superannuation regulation to review the costs disclosure settings in RG97. Darren McShane, most recently chief regulation and policy officer of Hong Kong's Mandatory Provident Fund Schemes Authority ...

Superannuation savings reach $2.5 trillion

EMMA RAPAPORT  |  FRIDAY, 24 NOV 2017
Australian's superannuation assets have hit $2.5 trillion for the first time, according to the latest APRA statistics. Figures show an 8.7% increase over the 12 months from September 2016 from $2.3 trillion to $2.5 trillion in total superannuation assets. ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
... because in this modern market it could be a long wait between drinks." Other winners included Hostplus for the MySuper Product of the Year; Sunsuper for Life for Workplace Select Choice Product of the Year; and UniSuper for Retirement Select Choice Product ...

ASIC reviews RG97 impact

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
ASIC announced it will conduct an external review on the effects of the Regulatory Guide 97 fee disclosure reforms, and will again extend its previous September 30 compliance deadline. ASIC said the move was in response to the industry's outcry around ...

SelectingSuper finalists announced

ALEX BURKE  |  FRIDAY, 20 OCT 2017
... the superannuation sector, including Fund of the Year, which in 2016 was won by UniSuper, which also took home MySuper Product of the Year and Retirement Select Choice Product of the Year. Rainmaker said the awards recognise the best workplace, personal ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
APRA is calling on the Senate to increase its regulatory powers to help improve superannuation governance, transparency and member outcomes. APRA deputy chair Helen Rowell told the Senate Economics Legislation Committee aiming to address weaknesses ...

Super industry makes largest fee cuts since MySuper reforms

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
This year, the superannuation industry saw the largest fall in its total expense ratio (TER) since the introduction of the MySuper reforms - however, this varies significantly across product types and market segments. According to Rainmaker research ...

SMSFs narrow performance gap: Rainmaker

KARREN VERGARA  |  MONDAY, 9 OCT 2017
SMSFs underperformed default MySuper options by a narrow margin in the 12 months to August, the latest Rainmaker SuperGuard 360 report shows. The SG360 SMSF reference index, which measures the post-fee investment return of SMSF trustees, delivered slightly ...

AustralianSuper moves to opt-in insurance

EMMA RAPAPORT  |  MONDAY, 18 SEP 2017
AustralianSuper has become the first major superannuation fund to make insurance opt-in for younger members in a bid to stop account erosion. Members of the industry fund who are under 25 when they join up will now be asked to "opt-in" to insurance ...