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Showing 711 - 720 of 1260 results for "MySuper"

Industry fund appoints governance and risk head

EMMA RAPAPORT  |  THURSDAY, 9 NOV 2017
... administration fee cut to $750 from $1575. The fee cuts occur at the same time Equip revealed its investment fee for its MySuper default option had increased to 0.64% per annum under RG97, up from 0.57% per annum.

ASIC reviews RG97 impact

KARREN VERGARA  |  THURSDAY, 2 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.

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... APRA-regulated super funds with more than four members, along with another 2071 small APRA funds with four or less members. MySuper, which was introduced in 2013, has led to a spike in consolidation as a number of funds exited the industry due to a lack ...

SelectingSuper finalists announced

ALEX BURKE  |  FRIDAY, 20 OCT 2017
... facets of the superannuation sector, including Fund of the Year, which in 2016 was won by UniSuper, which also took home MySuper Product of the Year and Retirement Select Choice Product of the Year. Rainmaker said the awards recognise the best workplace ...

Intrust offers more premium reductions

KARREN VERGARA  |  THURSDAY, 12 OCT 2017
... protection premiums by as much as 12%. The discount will impact the fund's life and TPD premiums across three products: Core MySuper, Executive and Select, said Intrust chief executive Brendan O'Farrell. New rates will take effect on 1 January 2018 and ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... impact the interests of fund members, such as occurred with Trio." Rowell welcomed the proposal to replace the legislated MySuper 'scale test' with a broader 'outcomes assessment' as the existing scale test is insufficient to indicate whether a trustee ...

Super industry makes largest fee cuts since MySuper reforms

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
... year, the superannuation industry saw the largest fall in its total expense ratio (TER) since the introduction of the MySuper reforms - however, this varies significantly across product types and market segments. According to Rainmaker research, the ...

We cannot underestimate humans: Sicilia

DARREN SNYDER  |  MONDAY, 9 OCT 2017
... longer time horizon over which to invest. Rainmaker Information shows in the 12 months to 30 June 2017, the top ranked MySuper single investment strategy was Hostplus with an annual return of 13%. The industry fund was awarded the Rainmaker SelectingSuper ...

SMSFs narrow performance gap: Rainmaker

KARREN VERGARA  |  MONDAY, 9 OCT 2017
SMSFs underperformed default MySuper options by a narrow margin in the 12 months to August, the latest Rainmaker SuperGuard 360 report shows. The SG360 SMSF reference index, which measures the post-fee investment return of SMSF trustees, delivered slightly ...

Merger leads to fee cuts at Equip Super

ALEX BURKE  |  TUESDAY, 3 OCT 2017
... administration fee cut to $750 from $1575. The fee cuts occur at the same time Equip revealed its investment fee for its MySuper default option had increased to 0.64% per annum under RG97, up from 0.57% per annum. "The administration fee reductions were ...