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

Search Results

Showing 51 - 60 of 73 results for "YFYS"

How will members respond to the YFYS test results?

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... different age profiles the wrong idea of what product to go with," she said. Sinnewe said social media conversations about the YFYS performance test and ATO tool suggest members in well performing funds may become disengaged, while those in underperforming ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... "like for like" comparisons and risk and volatility adjusted returns must be taken into consideration. The results of the YFYS test, released yesterday, saw 13 out of 76 MySuper products fail. The failing funds were AMG MySuper, ASGARD Employee MySuper ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... with eyes wide open on that," Barry said. Elsewhere, LGIAsuper chief executive Kate Farrar said Your Future, Your Super (YFYS) can be a tool for super funds to use to select potential merger partners. "I do think that YFYS and the business criticality ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... Cole said. There are 80 MySuper products but four were not tested, as they did not have five years or more of returns. The YFYS performance test The new annual performance test has two components: average investment returns (net of investment costs and ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... is what Industry SuperFunds are all about, and this decision by Maritime Super is an example of that." The results of the YFYS performance test are due to be released tomorrow, with funds expected to be notified no later than today.

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future, Your Super legislation ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... combine historical product performance. It will also engage with the funds it thinks will fail the test a second time. In final YFYS regulations the government changed its stance on administration fees, moving to testing on only last year's administration ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... performance around. But the methodology that will be used to determine this has been scrutinised by the industry. In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test. The last minute changes to the Your Future ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
The government yesterday registered the final regulations for Your Future, Your Super reforms. The bill passed the Parliament on June 17. The regulations have sharpened the methodology for annual performance tests, which it says will incentivise underperforming ...