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Showing 101 - 110 of 1140 results for "MySuper"

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 ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the ...

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... against a target of 6.6% per annum. For comparison, over the same period, Rainmaker Information research said the median MySuper product returned 8%. Explaining the results, Costello said: "As was anticipated by the fund, the exceptional monetary and ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... investors, who build their own portfolios - which comes with its own risks." Of the $1.2 trillion of assets in the various MySuper investment options, over 60% of these assets are managed to a single strategy asset allocation. This means for a member ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... 1% for the current financial year compared to the median industry return of -3.7%. The fund ranks in the top five for MySuper/default options over one year. This is confirmed by new data from Frontier Advisors which concludes that asset allocation was ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... superannuation." Meanwhile, the fund has also updated its estimated fees and costs for the year. It estimates the cost of its MySuper product will increase by $15 a year, up to $525. The cost of the high growth, balanced, indexed growth and defensive ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
... members." A priority for the fund is getting the returns up to where they were before. Rainmaker data shows that BUSSQ's MySuper Balanced Growth fund returned -5.0% for the year to 30 June 2022, when the market average was -3.6%. But for the previous ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... same time as several other changes being made to the VicSuper offering. For example, the fund is changing its default MySuper offering from a single growth investment option to a lifecycle product. It will be based around three key life stages: Grow ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... out a new look as it expands its offering to include an investment portfolio service. Just last month, AMG Super's MySuper product was closed to new members. While it did fail the Your Future, Your Super performance test for the second year running ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...