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Showing 721 - 730 of 1260 results for "MySuper"

FSC takes aim at complacency in super

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
... premise of the report, as explained by TTS chief executive Douglass Bucknell, is that "it's no longer appropriate for MySuper trustees to just dump two 40-year olds, one projected to retire on the age pension and the other with $1.6 million, in the same ...

Kinetic Super CIO departs

EMMA RAPAPORT  |  MONDAY, 25 SEP 2017
... for the fund's members." According to Rainmaker Information, for the 2017 financial year Kinetic Super Personal Growth (MySuper) option produced a return of 11.9%, placing it in the top five among MySuper options. Over the past seven years the product ...

AustralianSuper moves to opt-in insurance

EMMA RAPAPORT  |  MONDAY, 18 SEP 2017
... insurance where we should have been." According to Rainmaker Information data, based on the latest APRA data at June 2016 for MySuper products, AustralianSuper has the second highest number of members under 25 at 230,143. However they do not have the ...

MySuper milestones monitor industry movement

DARREN SNYDER  |  MONDAY, 11 SEP 2017
... also signified other important milestones for the maturing $2.3 trillion super system. There is now three years of APRA MySuper data, meaning researchers have far more to work with when it comes to analysing MySuper product performance. Complementing ...

Why ASIC delayed RG97

ALEX BURKE  |  FRIDAY, 8 SEP 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. He added that platforms, despite some industry speculation, will not be exempt from similar ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
... the future sustainability of each RSE licensee - inclusive of an assessment of their net returns; cost per member for MySuper products; administration and operating expenses; and whether their insurance offering may be inappropriately eroding member ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... first time in three years to $6.3 billion as these flows contracted 10% from $7 billion in 2015-16. The march towards MySuper has meanwhile continued with this product class surging 26%, and seeing growth two-and-a-half times faster than the broad market. ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... on retirement savings according to the latest super fund analysis. Rainmaker research shows lifestage (also lifecycle) MySuper returns for 40-year-olds have outperformed single strategy MySuper products in the 12 months to June 2017. On average, MySuper ...

Industry fund reduces insurance premiums

KARREN VERGARA  |  THURSDAY, 3 AUG 2017
... represent good value." In the last financial year, Intrust delivered a 12.15% return and placed in the top ten of all MySuper balanced options. It has more than 124,000 members and 15,000 employers.

APRA cuts red tape on superannuation transfers

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... meaning that two given super products can be deemed equivalent as long as their features are broadly similar. Super funds' MySuper products are automatically considered equivalent. Furthermore, these "equivalent rights" can be assessed for groups of ...