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Showing 1 - 10 of 396 results for "MySuper products"

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... outcomes depend on individual retirement circumstances and needs, is not comparable to how the test is used for MySuper products," he said. The Association of Superannuation Funds of Australia chief executive Mary Delahunty said the performance test ...

Cbus calls for mandatory insurance warnings

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
... onboarding, as well as the introduction of rules around the labelling, prominence and disclosure for permitted MySuper products. However, to protect workers from being left underinsured, Cbus is proposing mandated warnings at onboarding for employees ...

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... three types of superannuation products: the employee's existing stapled fund, employer's default fund and MySuper products that meet the required conditions. The "MySuper product exception" will allow a person to advertise a MySuper product only ...

Reforms on super advertising, stapling enter parliament

ELIZA BAVIN  |  WEDNESDAY, 26 NOV 2025
... mean the only superannuation products that can be advertised as part of the onboarding of a new employee are MySuper products that have passed the annual performance test, the employee's stapled fund (if any) and the employer's default fund. ...

Delaying reforms to YFYS test, RG97 costing members: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 19 NOV 2025
... locally listed assets. However, super funds are typically only allocating about 4.4% to these asset classes in MySuper products. On average, MySuper products with higher allocations to private equity and venture capital create an additional 54 basis ...

Super fees continue to fall: Rainmaker

ANGELIQUE MINAS  |  WEDNESDAY, 29 OCT 2025
... fees fell by 0.07% per annum to 0.87%, marking the seventh consecutive year of fee reduction. Not-for-profit MySuper products recorded an 8% drop in total expense ratio (TER) to 0.85% per annum, while retail MySuper products experienced a small increase ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... 0.248%. Platform TDPs fees were down to 0.468% while non-platform TDPs were at 0.244%. There is a total of 52 MySuper products, 374 non-platform TDPs and 137 platform TDPs under APRA's assessment. APRA also assessed externally directed products (EDPs) ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... were systematically overcharged between 2008 and 2020 - "especially those in uncompetitive, high fee products, MySuper products, cash, and term deposits." The central claims relate to administration fees charged on Flexible Lifetime Super accounts, MySuper ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... from FY23. In contrast, the average fee within the industry fund sector fell slightly from 0.24% to 0.23%. Among MySuper products, OneSuper (Diversa) recorded the highest administration fee, followed by Prime Super, smartMonday, IOOF (Insignia), and ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... Nominees agreed to settle the class action that was brought against it for deferring the transition of members to MySuper products. The case was brought by Maurice Blackburn on behalf of MasterKey members in 2020. Out of the $64.25 million agreed, an ...
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