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Showing 971 - 980 of 1261 results for "MySuper"

Super returns up slightly to 12.8pct

ALEX DUNNIN  |  FRIDAY, 4 APR 2014
... pa and over 10 years they are 7.1% pa. The sharp jumps in the three and five year figures reflects in large part the 'MySuper survivorship bias affect' as underperforming retail default options have been replaced by new MySuper options that as yet have ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... asking the Financial Systems Inquiry to remove super from awards and to amend legislation so employers can select any MySuper product as the default fund for their employees. In a submission to the Murray inquiry, CBA said that "the process to select ...

Cbus first industry fund to get Lonsec rating

MARK SMITH  |  MONDAY, 31 MAR 2014
... fund. Lonsec has assigned the rating to all Cbus investment options including the Cbus default option -- Cbus Growth (Cbus MySuper), where 90% of the funds 700,000 plus members have their money invested. The rating further progresses Cbus' FPA Professional ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
Public sector fund QSuper has expanded the lifecycle model to include account balance as well as age in its new MySuper product, QSuper Lifestage. While most lifecycle products focus exclusively on age, with younger members on more growth oriented strategies ...

APRA delays new data collections implementation

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
... quarterly reporting." APRA said funds have advised them of considerable difficulties they are having preparing the 'non MySuper' the data and as a result APRA has agreed to reopne consultations on several key elements of these data collections. They ...

Industry receives FoFA bill with mixed feelings

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
... the general advice exemption are minor and will still permit the payment of commissions on compulsory super including MySuper products." The SMSF Professionals' Association of Australia (SPAA) was supportive of the amendments and its chief executive ...

MySuper authorisations reaches 117

ALEX DUNNIN  |  WEDNESDAY, 5 MAR 2014
There are now 117 authorised MySuper products with corporate funds now entering the product class. The latest information on MySuper authorisations from the regulator APRA shows that of the 17 new authorisations since December 2013 that 13 are for corporate ...

AMP launches new corporate super offering

JAMES FERNYHOUGH  |  TUESDAY, 4 MAR 2014
... the offering had 30 investment options, flexible insurance arrangements, a tiered pricing structure and access to AMP's MySuper lifecycle product. AMP director corporate superannuation Libby Roy said: "With SignatureSuper Select employers can offer their ...

YBR doubles wealth management revenue

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
... its wealth and investment services business, the RetireRight superannuation fund and the Smarter Money managed fund. YBR MySuper product, RetireRight, currently has over 800 clients and over 40% of the new accounts came from direct clients. The take-up ...

Removal of super from awards top priority: FSC

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
... superannuation-related issue that the government is reviewing. "Abolishing the Fair Work Commission selection process for MySuper products is unequivocally the most important reform proposed in the Superannuation Discussion Paper," he told Financial ...