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Showing 621 - 630 of 1260 results for "MySuper"

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... competitiveness of the superannuation system. Chief among the Commission's recommendations was the best-in-show shortlist of MySuper products that incited some industry backlash. The Association of Superannuation Funds of Australia chief executive ...

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... introduced tomorrow, which super funds would make the cut? If performance were the key metric used to determine which MySuper products are shortlisted, latest Rainmaker analysis of three-year returns - as at November 2018 - shows the top 10 would comprise ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... Commission. ISA said while the Australian retirement system should change its focus from accumulation to retirement income, a MySuper-type approach wasn't the answer. "We do not support the CIPRs approach because it establishes a point-of-sale where ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... recommends the Government to legislate all APRA-regulated funds be required to undertake annual outcomes tests for their MySuper and choice offerings, with clear benchmarking requirements for all MySuper and choice investment options. The report said ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... Draft Report released in May 2018. Chief among the recommendations was pushing ahead with a best-in-show shortlist of MySuper products, despite feedback from the industry that feared it would "game" the process and harm competition. Members should be ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... stifle competition and create huge barriers for innovative new products." "However, we strongly support raising the bar for MySuper products to ensure individuals are not defaulted into poorly performing funds. True competition requires high-performing ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... is "disappointed" that ASIC has not backed this. "This is critical to enable consumers to compare the fees and costs of MySuper products with the fees and costs of superannuation held via a platform. Most bank-owned and other retail choice superannuation ...

Super funds edge towards a flat 2018

DARREN SNYDER  |  THURSDAY, 27 DEC 2018
... calendar year 2018 started in horrible fashion for Australia's superannuation funds as about $22 billion was wiped from MySuper returns since January. However, some funds were able to manage the downside well. Recording this is the SelectingSuper ...

MYEFO sees bond issuance drop

ALEX DUNNIN  |  TUESDAY, 18 DEC 2018
... said. Despite capital markets uncertainty, through the past 12 months the average portfolio weighting of single strategy MySuper products to fixed interest has held steady at 13%, the researcher added.

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... AIST is urging ASIC to extend the new disclosure requirements to provide transparency and comparability for members of MySuper and choice products, and provide greater comparability of fund performance.