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Showing 21 - 30 of 97 results for "Group Super"

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
In another year of lockdowns and uncertainty, Financial Standard 's most read stories show all eyes were on the changing nature of the superannuation sector. Industry consolidation and the Your Future, Your Super performance test underscore the ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals. Liberal MP Jason Falinski led the questioning ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... VISSF, TWUSUPER, Toyota Super, Suncorp, Mine Super, Mercer, Maritime Super, LUCRF Super, AvSuper and Commonwealth Bank Group Super. AvSuper, Commonwealth Bank Group Super, LUCRF, Mine Super, Maritime Super, Mercer, Suncorp, Toyota Super and TWUSUPER ...

Adviser-led TPD claim admittance rates fall

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... listed their admittance rates and claims paid out ratios for four channels (individual advised, individual non-advised, group super and group ordinary). For the individual advised channel, admittance rates stood at: death (96%, same as 2018), TPD (81% ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
... Superannuation Fund ($2.5 billion) and Colonial Super Retirement Fund (about $3 billion). Meanwhile, Commonwealth Bank Group Super had about $12.7 billion and Commonwealth Essential Super had about $3.3 billion in assets.

Ellerston listed Asia fund adds director

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
Ellerston Asian Investments has added a former super fund chief investment officer to its board. Marian Carr joined as a non-executive director on December 1. She has previously worked as the chief investment officer of the CSR Group superannuation ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
Another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders Balanced Fund, appointing another investment manager to its Balanced Socially responsible option. Legalsuper has terminated AMP Capital as investment manager of ...