Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 37 results for "MySuper offering"

Time to review MySuper effectiveness

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
A superannuation advisory group says now is an opportune time for funds and members to review MySuper offerings and question whether it's the solution they were looking for. One of superannuation's largest reforms, the transition of default members ...

Legalsuper names new CIO

MARK SMITH  |  MONDAY, 1 JUN 2015
... to strong investment performance, the fund has managed to lower the aggregate fee for a $50,000 balance in its MySuper offering by 19% since the end of last financial year. Smith will play a lead role in advising the investment committee and board on ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
The campaign to keep super in awards suffered another setback on Thursday when the Australian Chamber of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... address the fact that, while retail funds have traditionally been much more expensive the industry funds, ANZ's MySuper offering is currently the cheapest on the market. None of the industry bodies addressed the Grattan Institute's recommendation for ...

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The removal of super from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin. Currently, super funds wishing to provide ...

AMP to launch integrated mobile app

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
... goals" approach to retirement savings, rather than a peer group comparison of performance, as part of its new MySuper offering. Success will be measured less by return on investment, and more on whether the member is on track to meet expected retirement ...

Westpac and BTFG group get MySuper approval

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
Westpac and BT Financial Group has become only the third retail conglomerate superannuation provider to gain MySuper authorisation. The wealth group has been approved to offer three MySuper products that will be used across its ASGARD, BTFG and Westpac ...

UniSuper awarded MySuper licence

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... industry, has been awarded its MySuper licence. The fund's current 'balanced' default option will become its MySuper offering for Accumulation 1, Accumulation 2 and Spouse Account members. "Given the investment strategy of our 'Balanced' option, with ...

REI and Club Plus get MySuper green light

MARK SMITH  |  WEDNESDAY, 24 APR 2013
... industry fund REI said its existing default choice, the Trustee Super Balanced Option, will become the fund's MySuper offering. "The Trustee Super Balanced option contains all the MySuper attributes of a single diversified investment option; with low ...

CFS first retail fund to win MySuper approval

MARK SMITH  |  MONDAY, 22 APR 2013
... (CFS) has become the first retail fund to win Australian Prudential Regulation Authority (APRA) approval for its MySuper offering, the company announced today. Given the green light on Friday, the authorisation paves the way for CFS to launch its MySuper ...