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Showing 51 - 60 of 170 results for "Performance Test"

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. Earlier this year, APRA released a report that showed 24 smaller ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... costs and maintaining the quality of service," he says. Watson says the legislative "guardrails" include the performance test and the heat maps. To those, he wants to add a third guardrail which is service quality. "Being kept on hold by a contact centre ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... and the wage disparity in some instances," Taylor says. BUSSQ passed the prudential regulator's inaugural performance test last year. Even so, the prudential regulator pushed funds with less than $30 billion in assets to merge with their larger counterparts. ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... month, AMG Super's MySuper product was closed to new members. While it did fail the Your Future, Your Super performance test for the second year running, and a forced closure of the option to new members would have been a consequence of that, AMG ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... said. "I'm not concerned about that." The consultation paper also touches on the consequences of failing the performance test, asking whether there is evidence to indicate that the notification and website publication requirements have been effective ...

Active Super reaffirms commitment to regional members

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
... Stockwell said Active Super's potential for growth is strong. It recently passed the Your Future, Your Super performance test and now ranks third on the ATO's YourSuper comparison tool for a 30-year-old with a $50,000 balance. "It's great ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
While the annual Your Future, Your Super performance test is focused on stamping out underperformance, its impact on industry consolidation is likely already shifting, according to KPMG. The results of the second annual performance test are expected ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... monitor underperformance notifications and other communications by trustees that have products that fail the APRA performance test and take enforcement action against misleading conduct relating to fund performance. It will continue the surveillance ...

Martin Currie introduces Aussie equities strategy

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Martin Currie Australia, the active equity specialist investment manager of Franklin Templeton, has launched an Active Insights strategy that focuses on fundamental analysis. The Active Insights strategy employs a unique process to capture outperformance ...