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Showing 91 - 100 of 1260 results for "MySuper"

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... determined members (those with workplace agreements), there are questions about how the judgment could apply to default or MySuper members, depending on the nature of the fund's trust deed, he said.

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... of the choice of fund to help reduce duplicate accounts. Advertising of super products at this stage will be limited to MySuper offerings that have passed the most recent performance test, Treasury said. Finally, the ATO's Small Business Superannuation ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... investment fees and costs for most ready-made investment options from October 1, with total investment fees and costs on the MySuper option to drop from 0.91% to 0.81%. According to Rainmaker Information, the average total investment fees for a retail ...

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... closed are: Bonds, Property, Diversified, Shares, Australian Shares, and Overseas Shares. Another change is renaming the MySuper default option from Core Strategy to Growth. "Our refreshed visual brand is aligned to our members, their preferences and ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
... Australian Shares and Overseas Shares. In addition, the fund has updated its investment options objectives and renamed its MySuper default option from Core Strategy to Growth. Rest chief member officer Deborah Potts said the updates have been designed ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... balances." APRA will release the results of its superannuation performance test at the end of August. APRA has assessed MySuper products since 2021 while trustee-directed products (TDPs), a subset of the choice accumulation sector, were thrown in the ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
CareSuper's MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive ...

Iress snags Insignia Financial executive

ELIZABETH FRY  |  FRIDAY, 9 AUG 2024
... where he was the general manager of master trust and insurance products. His role included oversight of Insignia's MySuper, retail superannuation and investment products across multiple brands, including MLC, Plum, ANZ Smart Choice, OnePath and IOOF ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... of the suggestions in the report is amending the Your Future Your Super (YFYS) performance test so it only applies to MySuper and simple Choice products. "Failure of a broad Choice investment option does not necessarily mean the investment option isn't ...