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Showing 1 - 10 of 1132 results for "MySuper"

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... between 0.07%-1.60% p.a. depending on the option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation members, which ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... to streamline these choice investment options," Vincent said. "As part of this, we're aligning the risk profiles of our MySuper offerings for Super Savings and QSuper account holders. This means Super Savings account holders will have more of their money ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... script flips: Mine Super's - High Growth investment option leads with an 8.5% return. TelstraSuper Corporate Plus - MySuper Growth followed at 8%, with Active Super's High Growth option not far behind at 7.8%. Looking at a 10-year performance ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... has amassed $1 billion in funds under management in just over 12 months, while delivering the best-performing Lifecycle MySuper option of 2023 and quietly rolling out a retirement offering at half the cost of the incumbents'. Speaking with Financial ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... in Honeywell comprising 1.21% of the total. An $8.5 million holding in Lockheed Martin made up 0.74%. Equip Super's MySuper option, for example, had as much as $2.5 million in Honeywell, $1 million in Lockheed and as little as $60,000 in Elbit. Australian ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... by APRA yesterday show total super assets hit $3.57 trillion last financial year, close to $1 trillion of which is in MySuper products. Total contributions into MySuper products in the year to 30 June 2023 were $134 billion, while $76 billion was paid ...

UniSuper appoints chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... management roles. Prior, he spent eight years at KPMG in its audit function, working with super funds as they prepared for the MySuper regime. UniSuper chief executive Peter Chun said he is delighted to have Martin on board. "Wade's lived risk experience ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... followed the second annual Your Future, Your Super performance test in which Retirement Wrap's Westpac Group Plan MySuper failed for the first time and BT Super MySuper failed for the second time. All members in Retirement Wrap were transferred to ...

How young Australians are missing out on better super returns

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Young Australians are missing out on higher superannuation returns by parking their retirement savings in default MySuper products, instead of exploring other investment options. Analysis of APRA data by Innova Asset Management revealed that an all-equities ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... members." In other words, Treasury asks: Should super funds be required to offer a standardised retirement product similar to MySuper for accumulation? "We want to ensure super delivers on its foundational promise of providing a dignified retirement ...
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