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Showing 691 - 700 of 1260 results for "MySuper"

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
MySuper products now have more than $635 billion in assets and account for about one-quarter of Australia's $2.6 trillion superannuation system. Rainmaker's latest MySuper report shows the sector is growing at twice (19%) the pace of overall superannuation ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... of multiple accounts and unnecessary multiple insurance cover needs more attention; as does default insurance through MySuper. Rowell also told the Superannuation Committee of the Law Council of Australia that the code's enforceability and oversight ...

Industry fund and CommInsure unveil digital claims process

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
... super fund, with early beginnings in rural Australia, is open to everyone. More than 90% of members are invested in its MySuper option. Whitehelm Capital's partnership with Prime Super has also played a key role in delivering outperformance. Whitehelm ...

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 ...

Women-led super funds outperform again

ALEX DUNNIN  |  THURSDAY, 8 MAR 2018
... Rainmaker research reveals. Rainmaker assessed 66 super funds to derive a W-index score and contrasted this against the fund's MySuper or default investment option and its relative investment performance. The W-index is a weighted ratio that describes ...

Acorns launches its own super product

ALEX BURKE  |  MONDAY, 5 MAR 2018
... option for younger savers, and if one applies the standard $50,000 balance, fees come out at 0.84% (lower than the 1.1% MySuper average). It's worth noting, though, that given Acorns reported last year having about 300,000 users and $100 million in funds ...

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
... to receive $35.7 billion in benefits as a pension payment. Overall, superannuation assets climbed 10% to $2.6 billion. MySuper products contributed $635.2 billion to the total asset pool, representing a 19% increase year-on-year. Self-managed super fund ...

Industry fund CIO retires

DARREN SNYDER  |  THURSDAY, 22 FEB 2018
... arrangements of the fund's $9 billion MyLife MyMoney Superannuation Master Trust which invests for Catholic Super, MyLife MySuper, a financial planning company and a bank dedicated to the Master Trust's 80,000 super members. Catholic Super said Lette ...

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 ...

Retail MySuper outpacing NFP products

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
Retail MySuper products grew four times faster than not-for-profit (NFP) products in the year to September, Rainmaker's latest MySuper report shows. The pool of retail MySuper assets grew 24% year-on-year to $610 billion, while NFP assets increased ...