Search Results | Showing 81 - 90 of 396 results for "MySuper products" |
| | | ... since the results were announced. This equates to just 4.2% of the total assets held in these products. Of the 76 MySuper products assessed by APRA, 13 of them failed. These products were AMG MySuper, ASGARD Employee MySuper, Australian Catholic Superannuation ... |
| | | | ... Conference, APRA general manager Katrina Ellis was asked why the regulator didn't publish the quantum by which MySuper products passed or failed the test. To fail, a product must score at least 50bps below the combined investment (net of fees) and ... |
| | | | ... delivering poor investment returns. APRA found that choice products charge 40% more in administration fees than MySuper products on a median basis using a member with a $50,000 balance. After examining 568 choice products with 43,000 investment options ... |
| | | | New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ... |
| | | | ... portfolios. The deal follows CFS's failure of the Your Future, Your Super performance test in August alongside 12 other MySuper products. "It is important for our members that we act quickly to ensure that our MySuper products not only meet the benchmark ... |
| | | | ... this week, with the government looking to find solutions to problems that arise from occupational exclusions in MySuper products. Occupational exclusions in default insurance policies affect the automatic acceptance of default cover for some new MySuper ... |
| | | | ... That said, it's half the differential the same comparison in 2019 found. As of June 2021, there were 67 generic MySuper products on offer, 21 of which were lifecycle options totaling $316 billion in FUM. About half of this FUM is owned by members in ... |
| | | | ... with immediate effect. In the days leading up to his resignation, the $6 billion fund was named as one of the 13 MySuper products to fail the inaugural Your Future, Your Super performance test. Following that, the Sydney Morning Herald reported claims ... |
| | | | ... the transaction, CFS will be owned by Commonwealth Bank and KKR in partnership. FirstChoice was one of the 13 MySuper products to fail the Your Future, Your Super performance test. Ahead of the results, it also moved to cut its administration fees significantly ... |
| | | | ... and have agreed to..." Mundy said. Hutchison's departure comes 10 days after the fund was named among the 13 MySuper products that failed APRA's inaugural performance test, and a day after Sydney Morning Herald published reports of bad culture and frivolous ... |
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