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Showing 51 - 60 of 377 results for "MySuper products"

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... Hume wants to find solutions to problems that arise from occupational exclusions in group insurance provided by MySuper products.

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... differential every year compared to a well performing fund with the same risk profile. In terms of fees, the data shows MySuper products have improved, but there is still a way to go for several funds. In December 2019, one quarter of MySuper products ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... surprises in regards to which funds failed, it was still some of the biggest news of the year. In all, APRA tested 76 MySuper products, of which 13 failed. The full list of failing funds was: AMG MySuper, ASGARD Employee MySuper, Australian Catholic ...

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... impacted by business changes," the spokesperson said. BT Super and its ASGARD Employee Super were among the 13 MySuper products to fail the inaugural Your Future, Your Super performance test. Since then, the ASGARD option has been closed and members ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... fallen by a quarter, with about half of the action taking place in the last three years alone. Six in 10 default MySuper products reduced fees in 2020/21, with fees now averaging 1% overall. The average default MySuper product now charges 1.08%, down ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... failed to grow, with its 2014 annual report showing total FUM of about $1.7 billion. AvSuper Growth was one of 13 MySuper products to fail the performance test. Following this, the fund introduced a cap on administration fees and overhauled the strategic ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... test. But we've made some significant changes to both our fees and the way the investments are managed in the MySuper products. They're approximately 10% of our superannuation business," Bryce said. Commenting on the divestment, CBA chief executive ...

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
... Carsales to assess thousands of products. To find Australia's top-performing super products, Rainmaker reviewed MySuper products and asset classes that include growth, balanced, moderate (capital stable), equities, property, bonds, cash and ESG investment ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... age groups apart from pre-retirees aged in their 50s and 60s. As a result, seven out of the top 10 performing MySuper products are lifecycle products. However over five-year period, the differences between MySuper lifecycle and single strategy are almost ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... Aussie equities (21%) and global stocks (30%). An analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians ...