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Showing 21 - 30 of 117 results for "Pension product"

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
Fees for members of a $1.6 billion industry superannuation fund will change from 2020. Effective January 1, REI Super will change fees across a number of its options, according to a notice to members. Some options will see a fee cut, while fees on others ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... Award. Meanwhile the Queensland fund's QSuper Income - QSuper Aggressive product was awarded Best balanced pension product for its double digit returns over one, three, five and 10 years. This year's awards saw Money add several new categories ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... members of the MLC Super Fund. IMF Bentham and William Roberts are inviting those who had certain MLC Super or Pension product accounts prior to July 1 2016 and those who continued to have certain MLC Super or Pension product accounts following July ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Equity Trustees announced it will acquire a superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has ...

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
The Northern Territory Government and Public Authorities' Superannuation Scheme (NTGPASS) awarded Statewide Superannuation a new mandate, replacing AustralianSuper. Statewide will manage the default superannuation of new government employees. From ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... 1.19% to 1.9%. Its group superannuation product charges a 2.01% fee, while the cash option in the First Choice pension product charges 1.14%. Elkins said the pension product is inclusive of a 60bps trailing commission that explains the poor performance. ...

EU to offer cross-border pension scheme

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
... scheme that operates under one jurisdiction and ultimately gives consumers more choice. The Pan-European Personal Pension product (PEPP) is a voluntary pension, aiming to give consumers more choice when saving for retirement. The scheme is portable among ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... CBA's distribution of its Essential Super product and ANZ's distribution of its Smart Choice Super and Pension product (Smart Choice Super) through bank branches. It found that it was a "common practice" for the branches to offer superannuation ...

IOOF boosts flagship platform

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
IOOF is increasing efficiencies for financial advisers through a raft of enhancements to its leading retail platform, including non-lapsing binding nominations. Advisers using the IOOF Pursuit platform no longer need to update binding nominations every ...

Derivatives costly and ineffective: Research

KARREN VERGARA  |  MONDAY, 29 JAN 2018
The majority of superannuation pension products eschew derivative strategies due to high costs and lack of effectiveness, latest research shows. Only one-third (37%) of superannuation funds in Milliman's latest survey are using derivatives to protect ...