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Showing 841 - 850 of 1260 results for "MySuper"

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
A greater share of assets entering lower-fee MySuper products is affecting AMP's investment related revenue. The group's investment related revenue for the first half of 2015 was 113 bps, a 4.2% reduction from the prior corresponding period. AMP said ...

Fee pressure turns super funds to smart beta

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... to get away from the benchmark, to become more diversified and to outperform," he said, adding that, at the same time, "MySuper is driving fees down to 1% or lower." While some funds are likely to allocate some of their portfolio into passive strategies ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... reforms to deliver lower fees to working Australians," FSC chief executive Sally Loane said. Even if traditionally retail MySuper products have higher fees than industry funds, Loane argued that "a number of FSC member companies have very low fees in ...

Bendigo wealth earnings fall 20pct despite acquisition

LAURA MILLAN  |  MONDAY, 10 AUG 2015
... launched by former leader of advocacy group GetUp and is Australia's first fossil fuel free superannuation fund. Bendigo's MySuper product Smart Start Super saw funds under management get close to $500 million, up from just under $400 million in December ...

Frydenberg slams modern awards as poorly-conceived

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... considering what, if anything should be put in its place, the government will first and foremost seek to make sure that all MySuper products are of the highest quality - not just those which are offered under awards," Frydenberg said. He added the government ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...

MySuper fee savings can be doubled

MARK SMITH  |  THURSDAY, 6 AUG 2015
MySuper will result in total cost savings of $1.4 billion to the overall super system, but introducing some simple measures could double that amount, according to the Grattan Institute. The Institute's productivity growth program director, Jim Minifie ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... 1,000 default super members and 28 executives from 20 funds were surveyed as part of a broader research project in to MySuper default funds, led by CIFR research director Doctor Geoff Warren. "Around two-thirds of the members surveyed made some kind ...

SelectingSuper rejects claim small funds should merge

ALEX DUNNIN  |  WEDNESDAY, 5 AUG 2015
... benchmarks of say 1.3% to challenge a super fund's value proposition is meanwhile a blunt instrument that would impact MySuper products such as some of those offered by AMP, BTFM, Mercer and Perpetual - hardly superannuation brands unable to deliver ...

Australian Ethical reduces super fee

ALEX BURKE  |  FRIDAY, 31 JUL 2015
... with our members." The reduction translates into a 15% reduction in the Total Expense Ratio for the Australian Ethical MySuper product, according to Rainmaker. But with a revised TER of 1.54% it will still be among the highest priced MySuper products ...