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Showing 21 - 30 of 532 results for "MySuper product"

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... assets over the next few years. Brighter Super won Money magazine's Best of the Best Award in 2023 for Best-value MySuper product. The group unveiled a new board line-up of 15 members at the start of the year. More than 100 SPSL staff will move to Brighter ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... others, which is particularly relevant if they have received advice from unscrupulous providers to switch from a MySuper product to a high fee, underperforming Choice product." She added that more needs to be done to ensure members can't be stapled to ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
The federal government has released the outcomes of its review into the Your Future, Your Super laws, flagging among many findings, that it will "fine-tune" the performance test and extend the performance period to 10 years. Starting with the highly ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
Women-led MySuper products have outperformed on average by a consistent 0.3% per annum over three, five and 10 years, new analysis shows. Rainmaker Information looked at the performance of 18 women-led MySuper products, being those with women in senior ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
Industry super defied the odds by growing its asset pool by 14% at the end of 2022 while other sectors contracted. According to APRA's latest statistics, industry super fund assets reported double-digit growth to reach $1.1 trillion compared to the ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
At the annual Association of Superannuation Funds of Australia conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
HESTA has welcomed its one-millionth member and reaffirmed its commitment to growth through its three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware ...

SS&C launches super offering, secures Mine Super mandate

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... will help the fund deliver superior member outcomes. Last week, APRA heatmap data showed that Mine Super's MySuper product was poor performing in the context of a rolling eight-year benchmark. Further, regarding the sustainability of member outcomes ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
Industry groups, consultants and research houses have reacted to findings about Australia's best and worst performing super funds. APRA heatmaps for MySuper products were released yesterday, exposing many sub-par products, but some in the industry ...