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Showing 81 - 90 of 249 results for "Superannuation products"

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... data to choice products and options, and providing key forward-looking drivers of member outcomes for all superannuation products. For insurance arrangements the regulator said it will be collecting more data on insurance policies including premiums ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... their product accounts and after the advisers ceased providing advice. It also said that BT, as trustee of superannuation products, issued account statements that purported no advice fees were being charged. The 'adviser fee' line was removed ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... closed the SuperOptions product to new members in June 2012. After a recent review of all its pension and superannuation products, it has decided to transition its pension accounts to the Macquarie Pension Manager. The transfer is slated for September ...

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... products since the Global Financial Crisis. The GFC in 2008-2009 delivered financial returns in default superannuation products of -13%. The 2007-2008 financial year also saw negative returns for default products of 7%. By comparison, Rainmaker last ...

Model portfolio growth up 70%

ELIZA BAVIN  |  MONDAY, 6 JUL 2020
... to increase given the market's push for ESG products that is currently underway for managed funds and superannuation products." Rainmaker found 41% of managed account models are in equities asset sectors, 49% in diversified offerings and 10% in other ...

HESTA adds to operations team

ALLY SELBY  |  FRIDAY, 12 JUN 2020
... delivering strong, long-term investment performance for our members," Reilly said. "Feroz has deep knowledge of superannuation products and experience in delivering strategic information technology projects for the financial services sector. "I'm delighted ...

Industry fund adds to executive leadership

HARRISON WORLEY  |  FRIDAY, 1 MAY 2020
... the development of the compliance framework for the wealth manager's advised and non-advised platform superannuation products, in addition to working on the simplification of member pricing and the removal of grandfathered remuneration from legacy products. ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... strategies in the March quarter, led by Westpac redeeming about $1.3 billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December end to $86 billion at March end, after losing $3.9 billion ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
AMP is reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice ...

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
... non-default contribution fees in the best interests of its clients. Contribution fees will be removed from six superannuation products, effective 31 January 2020, while contribution fees and non-default contribution fees will cease being changed on eight ...