An enhanced version of Chant West’s Member Outcomes Dashboard is now available. Subscribers now have access to the following new features.

MySuper product heatmap on the following key metrics: 

  • investment performance over 5 and 6-year time horizons relative to simple reference portfolio

  • administration and total fees covering representative member account balances of $10,000, $25,000, $50,000, $100,000 and $250,000
     

MySuper product comparison on the following key metrics:

  • fees and costs – utilising ‘representative member fees and costs’ at item 4.4 of SRS 702.0

  • 1, 3 and 5 year net returns – utilising ‘net return’ at item 4.3 of SRS 702.0

  • level of investment risk – utilising ‘level of investment risk’ at item 3 of SRS 700.0

Benefits of the new features

While the MySuper product heatmap is not part of the Member Outcomes Assessment requirement, one of the key benefits of this change is that users can access an indication of how their products will appear in the APRA Heatmap well before the Heatmap is published by APRA (usually in November each year).

The new section of the dashboard uses data from the most current APRA Quarterly MySuper Statistics, meaning you’ll be able to undertake a comparison of your MySuper product against all other MySuper products in the industry.

The filter functionality lets you customise the list of MySuper products included in your peer comparison. The benchmark criteria filters for relevant MySuper products based on certain age, risk profile or standard risk measures. You also have the option to exclude any tailored MySuper product from your benchmark products, ie. those offered by the same RSE licensee but are different to their generic offering such as corporate sub-plans.

We're here to answer your questions and help you enjoy the benefits of the new features. Contact us at info@chantwest.com.au or on (02) 9361 1400.

Disclaimer: ©Zenith CW Pty Ltd ABN 20 639 121 403 (Chant West), Authorised Representative of Zenith Investment Partners Pty Ltd ABN 27 103 132 672, AFSL 226872 under AFS Representative Number 1280401, 2021. This website is only intended for use by Australian residents and is subject to use in accordance with Chant West’s Terms of Use and should be read with Chant West’s Financial Services Guide. Products, reports, ratings (Information) are based on data which may be sourced from a third party and may not contain all the information required to evaluate the nominated product providers, you are responsible for obtaining further information as required. To the extent that any Information provided is advice, it is General Advice (s766B Corporations Act). Chant West has not taken into account the objectives, financial situation or needs of any specific person who may access or use the Information provided. It is not a specific recommendation to purchase, sell or hold any product(s) and is subject to change at any time without prior notice. Individuals should consider the appropriateness of any advice in light of their own objectives, financial situations or needs and should obtain a copy of and consider any relevant PDS or offer document before making any decision. Information is provided in good faith and is believed to be accurate, however, no representation, warranty or undertaking is provided in relation to the accuracy or completeness of the Information. Information provided is subject to copyright and may not be reproduced, modified or distributed without the consent of the copyright owner. Except for any liability which cannot be excluded, Chant West does not accept any liability whether direct or indirect, arising from use of the Information. Past performance is not an indication of future performance. Chant West ratings and research are prepared by Chant West and are not connected in any way to research and ratings prepared by any of our related entities.

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