The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 61 - 70 of 100+ results for "MySuper"|
|... advice industry groups are being joined by superannuation funds in a fight to retain the ability to charge advice fees to MySuper members as the government implements recommendations from the Royal Commission. Draft legislation currently open for consultation ...|
|... sustained" under-performance is a risk where the total value of SMSF is equivalent to the amount invested in highly regulated MySuper products. "Of the total superannuation assets of $746.2 billion, 25.5% are invested in SMSFs. This is nearly the same ...|
|... Australia attacking SMSFs," Rice said. "I hope that in 10 years we might have one body representing all of super." Rice said MySuper will most likely evolve to be a product for "disengaged" Australians, especially younger people who aren't thinking about ...|
|... AustralianSuper members would be transitioned into their new Select fund in March 2020. AustralianSuper Select is the funds MySuper authorised product and members are automatically invested in the default Balanced option. The news comes after AustralianSuper ...|
|... private market investors has urged the government to focus less on fees and consider the place for illiquid assets in MySuper. Citing APRA's heat maps as an example, the Australian Investment Council (formerly AVCAL) said that policy makers and regulators ...|
|... Rainmaker research shows that AustralianSuper's overall fees remain comparatively low. In 2019 the fund ranked 14 of 99 MySuper offerings for cost to members on a $50,000 balance; a rank that doesn't change with the added fee. That said; analysis ...|
|... same when it came to workplace options. The 10.2% return of AustralianSuper's balanced option again led the way among MySuper and default investment options, while TASPLAN's On Track Build option took second spot with 10.1% over three years. Two corporate ...|
|... consequence, there is still an emphasis on product disclosure legally. With APRA focussed on eliminating poor performing MySuper products and ASIC's new design and distribution obligations and product intervention powers, Rice Warner predicts financial ...|
|... Commission, including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer ...|
|... advice fees in superannuation. Draft legislation will remove the ability of super trustees to charge advice fees from MySuper products. Trustees would still be permitted to charge fees in relation to intra-fund advice as administration fees. That draft ...|
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.
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