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Showing 891 - 900 of 1260 results for "MySuper"

HOSTPLUS named super fund of the year

JAMES FERNYHOUGH  |  FRIDAY, 21 NOV 2014
... Fund of the Year for 2014. HESTA was the other big winner at this morning's awards held in Melbourne, taking both the MySuper product of the year award and the industry service award, which went to chief executive Anne-Marie Corboy in recognition of ...

Super sets sights on $2tr

ALEX DUNNIN  |  THURSDAY, 20 NOV 2014
... months to end September 2014 to reach $1.871 trillion and are on track to break the $2 trillion barrier by March next year. MySuper accounts for 33% of institutional super funds surveyed by APRA or $375 billion, reinforcing the narrative that MySuper ...

Super funds must justify not merging: APRA

JAMES FERNYHOUGH  |  MONDAY, 17 NOV 2014
... over disagreements over the composition of the board of the merged entity. "We're only just over 12 months into the new MySuper requirements, and so at this stage we haven't been proactively pursuing that. It's something that I think we will become more ...

Retail MySuper transition too slow: ISA

STAFF WRITER  |  TUESDAY, 11 NOV 2014
Less than half of retail workplace default account balances have been transferred across into MySuper products, raising concerns the slow retail MySuper transition is costing retail super fund members hundreds of millions of dollars in extra fees. Rainmaker ...

Super returns dip to 9.0 pct

STAFF WRITER  |  TUESDAY, 4 NOV 2014
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index fell sharply during September to return 9.0% compared to 11.1% at end July and 10.6% at end June. Three year super fund average annual returns are, however, higher at 11.7% ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
... major retail superannuation funds have rejected claims that they are relying on passive investment strategies to keep MySuper product costs down, confirming they have a significant allocation to active managers. Colonial First State head of investment ...

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
... approved funds into which they can pay default employer-paid contributions, is one of the models that informed the design of MySuper. In comparison to the KiwiSaver fees, the average TER of MySuper products is 1.1% and 1.0% for not-for-profit (NFP) MySuper ...

SelectingSuper fund award finalists announced

STAFF WRITER  |  MONDAY, 20 OCT 2014
... Telstra Super, UniSuper, Vision Super, VISSF and Zurich Super Plan. Page said the superannuation sector, as a result of MySuper and the FOFA reforms, is going through its most innovative period ever and that will be the theme of this year's awards br ...

Super squabble beyond the joke: Taxpayers Australia

MARK SMITH  |  FRIDAY, 17 OCT 2014
... government to ignore the "blatant self-interest" of all involved parties and foster more competition around the low-fee MySuper, by allowing greater choice of funds in the default sector. "Competition, not structure, will be the only thing to drive prices ...

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 ...