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Showing 341 - 350 of 560 results for "MySuper Product"

MySuper milestones monitor industry movement

DARREN SNYDER  |  MONDAY, 11 SEP 2017
... now three years of APRA MySuper data, meaning researchers have far more to work with when it comes to analysing MySuper product performance. Complementing this was the final transition of all workplace default members to a MySuper account. Excluding ...

Why ASIC delayed RG97

ALEX BURKE  |  FRIDAY, 8 SEP 2017
ASIC senior executive leader, investment managers and superannuation Ged Fitzpatrick explained to delegates at the Australian Institute of Superannuation Trustees Super Investment Conference why the regulator delayed the RG97 reforms. He said the approximate ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
Superannuation savings climbed 10% in 2016-17 to reach $2.3 trillion, with performance income accounting for almost all the flows, according to figures released by APRA this week. Within segments, not-for-profit (NFP) funds climbed 12% to $983 billion ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... how they have been constructed. What's also important is the whole of life return for a member of a lifecycle MySuper product will encompass both the growth asset phase and the de-risking lower growth asset phase. "A commentary of superannuation returns ...

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
APRA is reducing the barriers for super funds to transfer members and merge or wind up products following industry consultation. The regulator's Prudential Practice Guide SPG 227 Successor Fund Transfers and Wind-ups (SPG 227) widens the definition ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... way it spends members' money. Strengthening default MySuper products including a stronger annual assessment of MySuper product outcomes to ensure the investment and insurance strategies, fees, scale and returns are promoting the financial interests of ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
Permitting the entrance of further competition in the superannuation marketplace would reduce fees by $292 million per year across 14 million MySuper accounts. A report issued by Deloitte Access Economics (DAE) finds that the facilitation of choice ...

EOFY: Super funds to hit double digit returns

STAFF WRITER  |  FRIDAY, 30 JUN 2017
Rainmaker analysis of super fund returns for 2016-17 shows this will be the eighth consecutive year of positive returns with cumulative returns since the GFC breaking through 90%. SelectingSuper expects the buoyant investment returns could see more ...

Weaker returns for SMSFs: Rainmaker

KARREN VERGARA  |  THURSDAY, 8 JUN 2017
Self-managed super funds delivered lower returns compared to MySuper products in the 12 months to April, according to Rainmaker's SuperGuard 360 SMSF performance index. The SG360 SMSF reference index generated a return of 10.3%, slightly underperforming ...