Search Results | Showing 51 - 60 of 74 results for "Heatmap" |
| | | ... payments and dragging its feet in transitioning members to MySuper. Its lifestage funds copped red ratings in APRA's 2020 heatmap for charging as much as 1.68% in exorbitant administration fees. The transaction is due to complete by mid-2022. After ... |
| | | | The Australian Prudential Regulation Authority has released its final reporting standards for the first phase of the Superannuation Data Transformation (SDT) as it looks to clear out underperformers. Phase one addresses the most urgent gaps in APRA's ... |
| | | | ... $552.6 billion. There were 96 MySuper products at the end of last year, 12 less than the prior year, thanks to APRA's heatmap weeding out underperformers. MySuper's assets reached $812.2 billion, up 7.8%. The minister for superannuation, financial ... |
| | | | ... been on APRA's underperformance radar for delivering sub-par returns over a five-year period, according to the latest heatmap results. Equipsuper and Catholic Super chief executive Scott Cameron said the merger marks another step forward in building ... |
| | | | ... merger but not when funds just combine their back offices," he said. O'Halloran added that APRA's performance heatmap shows there are still 18 struggling funds which, on SCA analysis, are chronically underperforming. "More pressure needs to be ... |
| | | | ... said. During the period, APRA was proud to increase its transparency and media engagement on matters like the MySuper heatmap, upgrading its quarterly Insight publication, and expanding its consumer-directed website content and social media presence. ... |
| | | | ... Superannuation Industry (Supervision) Act 1993 (SIS Act). Thirty-seven products assessed are performing at or above the heatmap investment benchmarks over six years; 27 of these underperformed by up to 75bps; and six products underperform by more than ... |
| | | | ... recent super inquiry pulled up Mercer chief executive for Australia and Pacific zone leader David Bryant about the red heatmap rating APRA slapped across several high admin fee products. At the time, Bryant told Leigh that the super fund is in the process ... |
| | | | ... complicated" to be judged using a specific benchmark and period of time in the market. Referencing APRA's inaugural heatmap, 18 of Mercer's SmartPath lifecycle products were deemed expensive, slugging low-balance members with admin fees of up ... |
| | | | ... scored amber ratings for the performance of its MySuper Lifecycle Under 75 product in APRA's first iteration of the MySuper heatmap, released late last year. Over a five-year period, LGIAsuper delivered net investment returns of 7.69% per year, but pitted ... |
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