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

Search Results

Showing 51 - 60 of 76 results for "Default MySuper"

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
... clearer definitions for disability insurance, tackling multiple insurance accounts and covers, and reconsidering default MySuper products. Addressing cyber threats, Rowell said APRA is slated to finalise a prudential standard on IT security by November ...

Defensive bias hurting SMSF performance: Research

ALEX BURKE  |  TUESDAY, 13 FEB 2018
... assets - particularly international equities - in the average SMSF is dragging down its performance relative to default MySuper indices, according to SuperGuard 360 research. In the 12 months to 31 December 2017, the SG360 SMSF reference index returned ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... an average of nearly 200 investment options when many funds have a significant proportion of members in their default MySuper products and hence relatively few members in each of the many choice investment options on offer," she said. "And that is particularly ...

SMSFs narrow performance gap: Rainmaker

KARREN VERGARA  |  MONDAY, 9 OCT 2017
SMSFs underperformed default MySuper options by a narrow margin in the 12 months to August, the latest Rainmaker SuperGuard 360 report shows. The SG360 SMSF reference index, which measures the post-fee investment return of SMSF trustees, delivered slightly ...

Government gives super system further makeover

DARREN SNYDER  |  TUESDAY, 25 JUL 2017
... managed, including information on how the fund sets its fees and the way it spends members' money. Strengthening default MySuper products including a stronger annual assessment of MySuper product outcomes to ensure the investment and insurance strategies ...

Weaker returns for SMSFs: Rainmaker

KARREN VERGARA  |  THURSDAY, 8 JUN 2017
... SMSF performance index. The SG360 SMSF reference index generated a return of 10.3%, slightly underperforming the default MySuper index of 11.1%. Lower returns were driven by differences in asset allocation, which made "a material difference to relative ...

Media Super launches $30m revolving fund

KARREN VERGARA  |  MONDAY, 10 APR 2017
... develop innovative and low-risk investments that have contributed to the turnaround in investment returns for its default MySuper (Balanced) option in the last two years. The R&D Tax Credit regime is administered jointly by Innovation Australia (with ...

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
... the Statewide Super team," Comito said. Statewide Super is a AAA-rated fund as assessed by SelectingSuper. Its default MySuper option was ranked number one for performance in the three years to 30 June 2016.

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... or in personalised testimonials. As a retail product, Spaceship GrowthX will not have access to the workplace default MySuper option, meaning that members will have to actively transfer their funds into Spaceship and away from their employer's default ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... could be diminished by $20,000 as a result of retail and bank-owned funds delaying the transition of members into default MySuper products. Research conducted by Rainmaker Information and commissioned by Industry Super Australia shows retail and bank-owned ...