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Showing 381 - 390 of 568 results for "MySuper product"

Beware 'apples with apples' super comparisons

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
... said APRA and other people critical of performance comparisons need to remind themselves what choosing a default MySuper product actually means. Rainmaker said some critics of performance comparisons use commentary about risk-adjusted returns to explain ...

SelectingSuper fund award nominees announced

MARK SMITH  |  MONDAY, 12 OCT 2015
... Trobe Financial, acknowledge the best funds across 14 product categories that include Super Fund of the Year, MySuper Product of the Year, Workplace Super Product of the Year, Personal Super Product of the Year, Retirement Product of the Year, Consumer ...

Super fees almost halved in five years

MARK SMITH  |  MONDAY, 28 SEP 2015
... significant disparity between the cheapest offered, at 0.46%, and the most expensive, at 1.8%. The lowest price MySuper product that is publicly available is offered by a major bank for a TER of 0.60%, illustrating the ferocity of price competition stemming ...

MySuper fees force super fund to exit high return strategy

LAURA MILLAN  |  MONDAY, 7 SEP 2015
The requirement to charge low fees under MySuper has forced one superannuation fund to exit a Principal Global Investments (PGI) strategy that had returned 13% over five years. PGI chief executive in Australia Grant Foster said that the super fund pulled ...

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Bendigo wealth earnings fall 20pct despite acquisition

LAURA MILLAN  |  MONDAY, 10 AUG 2015
... former leader of advocacy group GetUp and is Australia's first fossil fuel free superannuation fund. Bendigo's MySuper product Smart Start Super saw funds under management get close to $500 million, up from just under $400 million in December 2014. Bendigo's ...

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Assistant Treasurer Josh Frydenberg said there is a significant opportunity for the government to reform the current "poorly-conceived" selection process of default superannuation funds. Speaking at the Financial Services Council (FSC) annual ...

SelectingSuper rejects claim small funds should merge

ALEX DUNNIN  |  WEDNESDAY, 5 AUG 2015
SelectingSuper has rejected the reported assertion that super funds with less than $5 billion in assets should be required to merge. In was reported in Fairfax media this morning that a major superannuation research group has said that funds below this ...

Australian Ethical reduces super fee

ALEX BURKE  |  FRIDAY, 31 JUL 2015
... members." The reduction translates into a 15% reduction in the Total Expense Ratio for the Australian Ethical MySuper product, according to Rainmaker. But with a revised TER of 1.54% it will still be among the highest priced MySuper products in the market ...