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Showing 91 - 100 of 1139 results for "MySuper"

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... Diversa will hand Raiz Invest Super over to Equity Trustees Superannuation, the trustee of AMG Super. AMG Super's MySuper option failed the performance test earlier this year, but AMG Super had already made the decision to close it and move away ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... 'faith-based' carve out was a ridiculous proposal from the government. "Introducing supplementary performance tests for MySuper products, goes against the purpose of these tests, to indiscriminately assess the investment performance of default ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... materially change that strategy is if our demographics or cash flow changes." According to Rainmaker, median returns for MySuper products for the year to September were -5.9%. Hostplus' balanced option returned -3.7% for the period, ranking seventh ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
... to $153.2 billion, and the balance of life office statutory fund assets by 6.7% to $51.3 billion. Total assets held in MySuper products dropped 3.8% to $887.4 billion. The increase in contributions was largely driven by the increase to the Superannuation ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... It's true that TelstraSuper's short-term performance was marred by market conditions that hit all funds but its MySuper products have ranked in the top five in the market for three, five and 10 years. Notably, it's not just that Miller made ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... when stock and bond prices are gyrating and plummeting, which has certainly been the case this year." According to APRA, MySuper funds allocated approximately 20% of assets to private equity, unlisted property and unlisted infrastructure, on 31 December ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... Further, ISA attributed the exploitation of these loopholes for the enduring gap between the best and worst performing MySuper products. In its YFYS review submission, ISA stated that in the lead up to the first round of performance tests, 35 MySuper ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... undertake a complete or partial transfer of members. The regulator also flagged new requirements relating to the transfer of MySuper product assets, in the event of cancellation of an authority to offer a MySuper product. The discussion paper noted that ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... shareholders in Origin Energy. Rainmaker Information has conducted preliminary research of super fund portfolio holdings in MySuper default options and found that within MySuper, funds hold $1.6 billion in Origin stock alone. MySuper options constitute ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... Three years after it first announced plans for a superannuation offering, Vanguard is now home to one of the cheapest MySuper products - a lifecycle solution that auto-adjusts 36 times. It was back in November 2019 that Vanguard's Robin Bowerman ...