The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 61 - 70 of 100+ results for "MySuper"|
|... would essentially mean underperforming super funds could not onboard any new members. Silk added APRA's recently unveiled MySuper heatmaps were a good idea conceptually. He said if the tool works as well as the regulator hopes it will, it will have the ...|
|... features and services its growing number of members need." AustralianSuper was also named best in show for its flagship MySuper product. "It is one of Australia's most consistent investment performers too, ranking in the top 10 in three of the past ...|
|... members are invested in the option, according to its annual report for the FY19. Its recent return has been on par with the MySuper balanced option, but it falls behind on 10-year annualised returns. The ESG option returned 6.8% in the year to June end ...|
|... most influential lobbying groups in superannuation have taken vastly different positions on APRA's recently unveiled MySuper heat map. The Financial Services Council and Industry Super Australia have aired uniquely different perspectives on APRA's new ...|
|... their Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation of their investment options to be drawn down as ...|
|... chair Helen Rowell revealed how the regulator's long-mooted heat map system for demonstrating the performance of MySuper products will work. Set to be widely uncovered later today, APRA's heat map focuses on underperforming funds and not high ...|
|... employees will be transferred into Cbus Industry Super. The new offering will see a member defaulted into Cbus' Growth MySuper option, if they don't choose otherwise, but includes the benefit of automatic tailored insurance dependent on the member's ...|
|... have a specific focus on the choice segment, which so far has not been subject to the same level of data collection as MySuper products. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the move would finally allow ...|
|A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...|
|... eBay, Vodafone and Travel Corporation Australia. In the recent Rainmaker RMetrics report ranking the best risk-adjusted MySuper products, Club Plus Super achieved the lowest number of negative months in the three years to June 2019. HESTA emerged as ...|
Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
| | |
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
| | |
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
| | |
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|