Author Archive for: Kirby Rappell

Entries by Kirby Rappell

,

20% of super fund options estimated to fail the Choice performance test

With a huge array of government initiatives reshaping super in recent years, none was more keenly watched than the inaugural performance test of 80 MySuper products. The regulator found that 13 of the 80 products assessed were deemed to have underperformed the benchmark by more than 50 basis points. Since August when the results were released, […]

Performance Test Insights – June 2022

With the regulator set to release the results of its assessment of performance for Trustee Directed Products for the period to 30 June 2022, we have estimated the potential outcomes for diversified Choice options using our new Performance Test iQ analysis tool for the 8-year period to 31 March 2022. The results indicate that approximately […]

Media Release: Get your Super fit for the new financial year

Leading superannuation research house SuperRatings estimates that the median balanced option fell by -0.9% in May, as funds face into global market headwinds. The Reserve Bank of Australia increased rates for the second month in a row, signalling that it is facing inflation challenges head on, with a 50 basis point rise applied to the […]

Media release: Super Funds Deliver Over the Long Term

Super fund performance continues to experience bumps along the road, with returns falling in April following a small positive return in March. Leading superannuation research house SuperRatings estimates that the median balanced option fell by 1.1% in April. As inflation challenges become evident, the Reserve Bank of Australia increased rates for the first time since […]

SuperRatings Submission – APRA’s SDT Consultation

We support the steps APRA is taking to improve data collection, reporting and transparency around superannuation products across the industry. However, we note that data collection is onerous for the industry and therefore do not propose any further metrics to be obtained from providers. We believe the greatest value would be achieved through further refinement […]

Media release: Super Funds Bounce Back in March

A market bounce in March has supported super fund performance, with the global economy maintaining a reasonable degree of momentum. However, inflation concerns continue to mount as consumers face cost pressures. The Reserve Bank of Australia kept rates on hold at a low of 0.1% citing ongoing inflation challenges and uncertainty due to the war […]

Media release: Anchoring to your long-term strategy vital during market volatility

Markets continue to display volatility, with the invasion of the Ukraine heightening already elevated geopolitical tensions and supply chain pressures around the world. Leading superannuation research house SuperRatings estimates that the median balanced option fell by 0.8% in February. However, over the financial year to date members have seen an estimated return of 1.4% for […]

,

Tests of Tomorrow

We initially developed our tests of tomorrow following the Royal Commission to gain insight into the areas which may be focused on, should such an industry overhaul occur again, and we have continued to review and adjust these over time. Our suite of tests includes inactive account transfers, disclosure of fees, insurance and investment risk, […]

Media release: Long-term focus needed for super

Super fund performance was impacted in January following a turbulent month for domestic and global equities, as rising inflation concerns, and looming rate hikes added to investors’ worries. Supply shortages relating to COVID-19 have put upward pressure on input costs for companies around the world. As a result, we have seen the price of goods […]

Super Funds Deliver $400 billion Windfall to Members in 2021

Super fund performance continued to recover over the second half of 2021, with results for the 2021 calendar year indicating member accounts are likely to receive a windfall of over $400 billion. 2021 was another big year for super, with the median Balanced option seeing a return of 13.4% return for calendar year 2021 and […]

Important information: Any express or implied rating or advice is limited to general advice, it doesn’t consider any personal needs, goals or objectives.  Before making any decision about financial products, consider whether it is personally appropriate for you in light of your personal circumstances. Obtain and consider the Product Disclosure Statement for each financial product and seek professional personal advice before making any decisions regarding a financial product.