The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 10 results for "YourSuper"|
|... memorandum reads. The bill covers four key areas: stapling; addressing MySuper funds' underperformance; launching the YourSuper comparison tool; and the best financial interest duty. Under the new stapling rules, the Australian Institute of Superannuation ...|
|... impact on member outcomes for asset allocation - usually the most important source of investment returns. And of the YourSuper comparison tool, the firm said it will not be able to compare the data accurately given its simple metric.|
|... underperformers with little risk that potential new members will end up in underperforming funds. Rice Warner thinks the YourSuper comparison tool will not be able to accurately and equitably compare performance given its simple metric. "Setting YourSuper ...|
|... pointed out that all fees should be included in performance comparisons. "The annual performance assessment and the YourSuper comparison tool should include administration fees to provide an overall net outcome measure. This will avoid confusing consumers ...|
|... the super fund from accepting new members. In notifying about poor performances, trustees must alert members to the YourSuper comparison tool to help them compare and select a superannuation product that meets their needs. Treasury Laws Amendment (Measures ...|
|... choice products underperform MySuper products on average. "Without this, the members of products not included in the YourSuper comparison tool and performance assessment will be unable to compare the performance of their fund," AIST said. "It is important ...|
|... below the benchmark two years in a row will be barred from receiving new members and listed as underperformers on a new YourSuper portal until they pick up their performance. Credit Suisse said 20% of AMP's funds under administration are from corporate ...|
|... performing funds for their retirement savings. We look forward to working with the government as it develops the proposed YourSuper comparison tool to inform consumer decision making." He also welcomed annual performance tests as a means to weed out ...|
|... period." Underperforming funds will have to inform their members by 1 October 2021. They will also have to provide them the YourSuper tool, where they will be listed as underperformers until they improve. The government is planning to fund this by increasing ...|
|... nowhere to hide and will be required to notify their members of their underperformance." The government will also launch YourSuper, an online portal aimed at educating Australians about super fees and returns. "Over the next decade, the reforms announced ...|
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While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said.
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Challenger's multi-boutique business will distribute the $54 billion Impax Asset Management's sustainability strategies in Australia and New Zealand.
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Nearly 20 years after ETFs started trading in Australia, their total assets crossed $102 billion at the end of March.
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A new report finds that it is possible for financial advisers to attract young clients and convince them about the benefits of advice and life insurance using new strategies.
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