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Showing 741 - 750 of 1260 results for "MySuper"

Default retirement products not good enough: Milliman

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... information have an opportunity to become a central retirement hub for members," Gebler stated. Gebler believes that, unlike MySuper products which largely appear relatively similar, CIPRs should look fundamentally different if funds have genuinely analysed ...

Two Victorian advisers cop bans

KARREN VERGARA  |  TUESDAY, 16 MAY 2017
Two former AMP Group-aligned financial advisers copped temporary bans from ASIC for operating without an AFSL and providing inappropriate advice. ASIC's investigation found MySuperMan director David Heycock and employee Stuart Arnold-Levy provided unlicensed ...

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... however, signalled a $2.7 billion redemption in the coming 12 months as a result of BT Financial Group implementing new MySuper regulation. Certain funds managed by BTIM will therefore be repriced leading to a reduction in management fee revenue by about ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
... $199 million. AMP said these were largely driven by increased superannuation consolidation activity and the transition to MySuper, with superannuation outflows increasing by $278 million (24%) on last year. Despite this, member contributions were up ...

BTFG drags Westpac performance

KARREN VERGARA  |  MONDAY, 8 MAY 2017
... million decreased by 11% as a result of lower advice income, transitioning customers from legacy products to lower-fee MySuper products, higher regulatory compliance costs, as well as a spike in general insurance claims from Cyclone Debbie. The life ...

Face-to-face advice rises at UniSuper

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
... recipient of the 2016 Rainmaker SelectingSuper 'Fund of the Year', 'Retirement Select Choice Product of the Year', and 'MySuper Product of the Year' awards, acknowledging its strong member engagement, particularly around the retirement phase, and top ...

Media Super launches $30m revolving fund

KARREN VERGARA  |  MONDAY, 10 APR 2017
... develop innovative and low-risk investments that have contributed to the turnaround in investment returns for its default MySuper (Balanced) option in the last two years. The R&D Tax Credit regime is administered jointly by Innovation Australia (with ...

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
... the efficiency and competitiveness of the superannuation system to be undertaken sometime after 1 July 2017. Default (MySuper) products, as shown in the following figure, represent more than $450 billion dollars, and about $800 million in annual contributions. ...

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
... the Statewide Super team," Comito said. Statewide Super is a AAA-rated fund as assessed by SelectingSuper. Its default MySuper option was ranked number one for performance in the three years to 30 June 2016.

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... or in personalised testimonials. As a retail product, Spaceship GrowthX will not have access to the workplace default MySuper option, meaning that members will have to actively transfer their funds into Spaceship and away from their employer's default ...