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Showing 1 - 10 of 125 results for "Choice product"

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter. Newly released APRA statistics show MySuper's assets under management (AUM) reached $1.16 trillion, while Choice products ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... "MySuper product exception" will allow a person to advertise a MySuper product only, and not any broader features or Choice product options, even if these are available to a MySuper product holder within the fund. Outlining its transitional approach ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... "MySuper product exception" will allow a person to advertise a MySuper product only, and not any broader features or Choice product options, even if these are available to a MySuper product holder within the fund. To qualify, amongst other conditions ...

Reforms on super advertising, stapling enter parliament

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
Potential reforms around the advertising and stapling of superannuation products during employee onboarding were introduced to the House of Representatives today. The Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Bill ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... investment strategy members. According to APRA's March 2025 statistics, there are 92,920 members in the Accumulation Choice product investing in the Super Savings MySuper with $4.5 billion. In the Lifecycle Investment Strategy product, there are ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC commissioner Alan Kirkland had told financial advisers and superannuation trustees that more needs to be done to ensure better retirement outcomes for Australians. It comes after ASIC released its superannuation choice products and their focus ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... test and APRA's heatmaps, there are still underperforming products that need improvement particularly among choice product offerings," APRA deputy chair Margaret Cole warned earlier referring to the issue. The prudential regulator has called for ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... performance test and APRA's heatmaps, there are still underperforming products that need improvement particularly among choice product offerings," APRA deputy chair Margaret Cole said. "APRA has no tolerance for members to remain in poorly performing ...
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