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Showing 61 - 70 of 1139 results for "MySuper"

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... Rainmaker's inaugural ESG Leader Rating. Rainmaker has also identified the top performing ESG super funds, by five-year MySuper returns - Aware Super is in top place, with 11.38% for five-year returns on its MySuper option, with Active Super in second ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... options offered by workplace super funds that the funds self-identify as being ESG options, along with a wider analysis of MySuper investment options. The 38 ESG investment options held a total of $160 billion in assets. Rainmaker found that the 38 options ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
MySuper assets have reached a new high of $964.5 billion thanks to the mandatory increase in superannuation contributions and market recovery. The year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... funds. An AFCA investigation uncovered a superannuation trustee that failed to uphold its legislative obligation to deliver MySuper fund members with insurance benefits, including permanent incapacity and death insurance. Superannuation law requires ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
... said. Anderson also critiqued the "forcefulness" of the notifications, suggesting they were unduly pushing clients towards MySuper products and encouraging change even when current arrangements might be perfectly acceptable. He urged for a more balanced ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... "As a truly national fund with an enviable investment track record over three, five, seven, 10, 15, and 20 years in our MySuper Balanced option, Hostplus is increasingly becoming the lifetime fund of choice for many Australians," Elia said. It is also ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... members that, from July 1, the cost of its various investment options will change, with the bulk seeing a reduction. On the MySuper front, ART's default Balanced option currently costs $410 per $50,000 invested. From July, this will drop to $400. ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... their 'significantly' high administration fees, and the median Choice administration fee is far higher than the median MySuper administration fees. "Yet the government recently decided to carve out of historical administration fees from the YFYS performance ...

APRA consults on approach to combining product histories

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
APRA is consulting on the need for it to make individual determinations for lifecycle MySuper products for which performance histories are required to be combined for the YFYS test. Currently, the performance test involves two situations where performance ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... their account name change to the Brighter Super Optimiser. The Suncorp Lifestage Fund investment option or Suncorp's MySuper option will not be available in the new Brighter Super Optimiser account. Members will instead be moved to Brighter Super ...