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Showing 51 - 60 of 64 results for "Super Performance Test"

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... funds will continue as actively managed portfolios. The deal follows CFS's failure of the Your Future, Your Super performance test in August alongside 12 other MySuper products. "It is important for our members that we act quickly to ensure that our ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
After failing the inaugural Your Future, Your Super performance test, Asgard Employee Super will shutter next month, with many members being transferred to BT's Retirement Wrap. Members of the fund were actually notified ahead of the performance ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
... the $6 billion fund was named as one of the 13 MySuper products to fail the inaugural Your Future, Your Super performance test. Following that, the Sydney Morning Herald reported claims from unnamed former employees of poor culture, frivolous spending ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... Bank and KKR in partnership. FirstChoice was one of the 13 MySuper products to fail the Your Future, Your Super performance test. Ahead of the results, it also moved to cut its administration fees significantly, dropping from a flat fee of $60 a year ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... superannuation funds will be prompted to change their investment profile as a result of the new Your Future, Your Super performance test, an Australian Institute of Superannuation Trustees survey shows. The poll, conducted at AIST's annual ASI Conference ...

Time to weed out dud funds: Delaney

ELIZABETH MCARTHUR  |  THURSDAY, 2 SEP 2021
... fund on track to have inflows of $20 billion next year. Asked for his thoughts on the Your Future, Your Super performance test Delaney agreed with many in the industry that it is imperfect in its measurement of performance. However, he made it clear ...

APRA leaves door open for benchmark tweaks

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... to finding better benchmarks, especially for unlisted assets, in both its heatmaps and Your Future, Your Super performance test. Speaking at AIST's annual investment conference, Ellis said APRA can change the indices either via seeking approval from ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... unaware their super fund is underperforming. Scheerlinck acknowledged the release of the Your Future, Your Super performance test results as a good first step in improving transparency for members but urged for greater focus on poor performing, non-MySuper ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... Superannuation Trust is named as one of the 13 MySuper products that failed the inaugural Your Future, Your Super performance test. "Despite the strength of our recent investment performance and having very competitive fees, our FirstChoice Employer ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...