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Showing 571 - 580 of 1260 results for "MySuper"

Put risk on the super comparison table: AMP

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... Australians to accurately compare their super products. We're not there yet." Rainmaker research of a sample of AMP's MySuper lifestage shows it performs broadly in line with the industry average, achieving returns of 7.8%, 7.7% and 4.9% over ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... Superannuation Trustees has hit back at newly launched consumer group Super Consumers Australia after it unleashed an attack on MySuper products yesterday. AIST chief executive Eva Scheerlinck moved to play down the significance of the Super Consumers ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
Lifecycle strategies hold 40% of MySuper's total $756 billion of assets and are becoming mainstream for superannuation funds, according to new Rainmaker research. Lifecycle MySuper total assets grew 21% in the year to June end, to hit $299 billion. ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... a fund's future performance, Rice Warner noted "the best members can do" is consider the investment objective of their MySuper strategy. "Many funds have a MySuper objective equal to an annual return of CPI + X% per annum over rolling 10-years. X is ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... -investment returns, fees and charges, sustainability and in due course insurance - that will be tested on the performance of MySuper funds and eventually broadened to choice products. By the end of 2019, Rowell expects such additional information on ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... reforms of 2013 - for revolutionising and "totally disrupting" the financial advice industry - and the introduction of MySuper and SuperStream as examples of Australia's penchant for refining the system's parameters and weeding out "areas of ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... on and introduced by 30 June 2020, alongside action on the recommendation to halt advice fees from being deducted from MySuper accounts. The government also committed to reviewing measures implemented by government, regulators and financial services ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... the high growth option for example, are split across: investment (0.28%), admin (0.39%) and ICR (0.34%). The EISS Super MySuper Conservative Balanced fund charges 0.24% for investment fees, 0.39% in admin fees and 0.21% in indirect costs. Previously ...

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... FirstChoice Employer lifestage (1970-1974) has returned 9.7% over three years to June end, compared to the median workplace MySuper product's 8.9% return for the period, according to Rainmaker data. Commonwealth Bank's annual results announced last week ...