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Showing 1 - 6 of 6 results for "MySuper transitions"

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager ...

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... its advice and SMSF businesses, and trimming of controllable costs offset the margin compression from final MySuper transitions, the group said. North platform The biggest inflows for AMP's wealth management business came from its wrap platform North ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
... seeing growth two-and-a-half times faster than the broad market. Fueling this was retail funds completing MySuper transitions as a result of their Accrued Default Amounts now being fully transferred across into lower cost MySuper products. Within MySuper ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
... superannuation contribution changes and from the transition of a large corporate super mandate to AMP. Final MySuper transitions were completed in April and net cash flows in wealth management are positive for the year to date." The large corporate super ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
... increase was offset by lower investment earnings on retained earnings and lower investment margins due to MySuper transitions.

MySuper impacts AMP investment revenue

DARREN SNYDER  |  FRIDAY, 21 AUG 2015
... said that the decline was due to "some member based fees not growing with assets under management and ongoing MySuper transitions" among other factors. During that period, more than $3.5 billion of new contributions have been directed into MySuper offers. ...
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