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Showing 1 - 10 of 74 results for "Heatmap"

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... we'll need to consider a partner, whether it's a shared services or a merger partner," Kaspar said. At that time, APRA heatmap data showed MIESF had a three-year average account growth rate of -9.23% - the fourth largest decline across all registrable ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
The June quarter saw the superannuation industry amassing $2.37 trillion across 986 superannuation products and 22.8 million accounts, according to APRA's latest data. Of which, $1.2 trillion sits across choice products. Of the 812 choice products ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... impact on personal rates of return. "Therefore, if the annual superannuation performance test was aligned with the APRA heatmap, incorporating differing account balances would enhance the sophistication of the test by uncovering if all members in the ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... international counterparts, the asset consultant explained that high fees and regulatory hurdles like RG 97 and APRA's super heatmap make agriculture investments less appealing for local funds, despite its potentially lucrative net returns. Notably ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... review, while ensuring it is more fit-for-purpose for Choice products," Jones said. "APRA's recent Superannuation Choice Heatmap found one in five choice investment options had significantly poor performance over eight years. Around 30% of products ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
Speaking at a standing committee this morning, deputy chair Margaret Cole noted that the heatmaps and performance tests have created a more efficient and transparent superannuation system that will ultimately drive more consolidation. While that might ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... the RBA cash rate via a low degree of volatility and minimal risk to its capital, is the only strategy that passed its heatmap test. "PM Capital is an opportunistic credit-oriented manager that had good preparedness to take advantage of valuation opportunities ...

Mine Super to close Choice option

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
The industry fund is shuttering one of its Choice investment options that was recently highlighted by APRA as an underperformer. Following a review of its Super investment menu, Mine Super is closing its Conservative Balanced Choice option later this ...
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