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Showing 701 - 710 of 1260 results for "MySuper"

Fox joins Tribeca Financial board

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... leadership over his four-year tenure helped the industry traverse through a tumultuous period of reforms, including FoFA, MySuper, professional standards and the Life Insurance Framework. Fox is also part of ASIC's 18-member Financial Services and Credit ...

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
... senators. The bills were reintroduced in September and, among several policies, attempt to strengthen APRA's oversight over MySuper products; and mandate the appointment of independent directors to industry fund boards. They were put on hold after Senator ...

Super funds embrace derivatives to meet retirement goals

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... structures (65%), external manager mandates (47%) and asset allocation core components (26%). More than two-thirds (69%) of MySuper funds and choice or pension products (63%) however, don't employ any downside protection strategies; about 32% said objectives ...

Meat industry fund welcomes new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... members, largely comprised of employees of Australia's meat industry - the overwhelming majority of which are in the fund's MySuper option. Recent Rainmaker data shows the three year performance to September 2017 of AMIST Super's flagship MySuper option ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... boards of all super funds. Other reforms include the strengthening APRA's powers to include an annual assessment of all MySuper products, new oversight to ensure that funds are transparent about how they spend members' money, closure of the loophole ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... an average of nearly 200 investment options when many funds have a significant proportion of members in their default MySuper products and hence relatively few members in each of the many choice investment options on offer," she said. "And that is particularly ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... under-disclosure of costs in many areas. When we reviewed it, the average increase in disclosed costs was about 23 basis points for MySuper products," he said. Fitzpatrick warned platforms will not be exempt from the reforms.

Superannuation savings reach $2.5 trillion

EMMA RAPAPORT  |  FRIDAY, 24 NOV 2017
... Product (around USD$1.2 trillion) or the total market capitalisation of all the stocks listed on the ASX. Total assets in MySuper products also increased significantly, up 24% to $610.2 billion. The self-managed superannuation fund sector also recorded ...

SelectingSuper winners crowned

EMMA RAPAPORT  |  THURSDAY, 16 NOV 2017
... they can because in this modern market it could be a long wait between drinks." Other winners included Hostplus for the MySuper Product of the Year; Sunsuper for Life for Workplace Select Choice Product of the Year; and UniSuper for Retirement Select ...

CFS lifestage funds enter direct infrastructure

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... First State's lifestage funds have reached sufficient scale to invest in direct infrastructure assets for the first time. MySuper FirstChoice Lifestage superannuation products, which hold more than $8 billion in assets and traditionally invested in listed ...