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

Search Results

Showing 401 - 410 of 568 results for "MySuper product"

CMSF closes with focus on policy

LAURA MILLAN  |  FRIDAY, 20 MAR 2015
... while also allowing for board development." He added: "We do not subscribe to the pure competition theory that any MySuper product should be allowed to be a default option for an employer." During the conference, Energy Super chair Bob Henricks and HESTA ...

Super governance at centre stage

ANDREW BRAGG, FSC DIRECTOR OF POLICY AND GLOBAL MARKETS  |  WEDNESDAY, 11 MAR 2015
2015 has already been a bumper year in financial services policy with super front and centre. Reforms to improve superannuation governance, competition and transparency appear to be the first cab off the rank. These reforms look likely to occur in a ...

Retail super bounces back

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index made a remarkable recovery during January as it surged 320 basis points to reach 11.5%, with retail MySuper products stretching their short term segment lead to 0.7%. Three ...

Performance competition returning to default super

STAFF WRITER  |  THURSDAY, 12 FEB 2015
The SelectingSuper MySuper rolling 12 month performance index holding steady on 8.3% during October to December masks something more subtle - the return of performance competition into superannuation and the strong debut of life stage investing. SelectingSuper's ...

Super modern awards anti-competitive: FSC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
Research by the Financial Services Council (FSC) suggests that modern awards are reducing competition in the superannuation industry. FSC's analysis of the modern awards system demonstrates a disproportionate representation of industry, government and ...

MySuper put spotlight on member outcomes: CIFR

MARK SMITH  |  MONDAY, 12 JAN 2015
... lifecycle funds. "The potential for ongoing innovation is enhanced by perceived latitude to make changes to the MySuper product offering, without the need to secure explicit permission or convince members to make a choice. If this perceived latitude ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Australian Prudential Regulation Authority (APRA) published its first round of MySuper data. It showed how much every MySuper product charged a member with an account balance of $50,000. By and large, fees charged by industry and public sector funds ...

MTAA Super awards $200m global credit mandate

STAFF WRITER  |  WEDNESDAY, 10 DEC 2014
... will also be a part of the fixed interest sectors of MTAA Super's diversified investment options, including its MySuper product in which most of its members are invested. AllianceBernstein Australia's institutional channel has won new mandates during ...

FSI favours Chile-style default super auction

JAMES FERNYHOUGH  |  SUNDAY, 7 DEC 2014
... report stated: "[E]ach fund would be required to compete for new workforce entrants to be allocated to the fund's MySuper product, thereby building on the MySuper framework. Individuals would retain the right to exercise choice. Employers would no longer ...

Banks should hold more capital: Murray

AAP  |  SUNDAY, 7 DEC 2014
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found. The final report of David Murray's blueprint for the future of Australia's financial system, released ...