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Showing 61 - 70 of 73 results for "Default MySuper"

Beware 'apples with apples' super comparisons

DARREN SNYDER | FRIDAY, 23 OCT 2015

... Information said APRA and other people critical of performance comparisons need to remind themselves what choosing a default MySuper product actually means. Rainmaker said some critics of performance comparisons use commentary about risk-adjusted returns ...

FSI response fans default super flames

MARK SMITH | WEDNESDAY, 21 OCT 2015

... outlined in the 2010 Cooper review. The FSC highlighted that a number of companies have very low fees in their default MySuper options, such as Bendigo MySuper at 0.65% and ANZ MySuper at 0.60%. "Consumers are not able to benefit from these competitive ...

Retail funds get behind campaign to lower fees

LAURA MILLAN | TUESDAY, 11 AUG 2015

... higher fees than industry funds, Loane argued that "a number of FSC member companies have very low fees in their default MySuper options." However, "these low cost MySuper options are prevented by legislation from competing with industry, corporate and ...

Super delivers 12.2% for year end April

ALEX DUNNIN | WEDNESDAY, 3 JUN 2015

Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN | MONDAY, 20 APR 2015

... asset allocation." Financial Services Council (FSC) chief executive Sally Loane welcomed the focus on fees among default MySuper products especially as some of the lowest cost MySuper products are retail products, a point reinforced by separate research ...

REI Super extends Ibbotson consultancy mandate

MARK SMITH | TUESDAY, 20 JAN 2015

... is part of the Morningstar Investment Management Group, provides advice and management for REI Super's low-cost default MySuper option as well as the fund's other investment options. "We value our relationship with REI Super, and we're very pleased to ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH | FRIDAY, 12 DEC 2014

... the issue at the centre of its interim report, floating a number of possible reforms. These included extending a default MySuper-style product into retirement; policy incentives to encourage the take-up of income streams; amending laws to make it easier ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN | FRIDAY, 17 OCT 2014

The Association of Financial Advisers (AFA) is concerned that mandatory transfer to default MySuper products could lead to consumers losing their existing insurance arrangements and asked for an opt-in arrangement to MySuper. AFA chief executive Brad ...

Young Australians clueless about life insurance

JAMES FERNYHOUGH | WEDNESDAY, 17 SEP 2014

... engaged, with over 60% saying they had good understanding and less than 6% saying they had no understanding at all. Default MySuper products are required by law to include life cover. The high level of disengagement among fund members means some may ...

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH | THURSDAY, 17 JUL 2014

... under-regulated retirement phase. One of these was compulsory annuitisation. The other three were: extending a default MySuper-style product into retirement; policy incentives to encourage the take-up of income streams; and amending laws to make it easier ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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