The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 91 - 100 of 100+ results for "MySuper"|
|... on and introduced by 30 June 2020, alongside action on the recommendation to halt advice fees from being deducted from MySuper accounts. The government also committed to reviewing measures implemented by government, regulators and financial services ...|
|... the high growth option for example, are split across: investment (0.28%), admin (0.39%) and ICR (0.34%). The EISS Super MySuper Conservative Balanced fund charges 0.24% for investment fees, 0.39% in admin fees and 0.21% in indirect costs. Previously ...|
|... FirstChoice Employer lifestage (1970-1974) has returned 9.7% over three years to June end, compared to the median workplace MySuper product's 8.9% return for the period, according to Rainmaker data. Commonwealth Bank's annual results announced last week ...|
|... outperformance has drawn the ire of some that are being unfairly compared. Maritime Super was prompted to defend its MySuper option after it was named the "weakest performer" in an AFR article, bottoming the league table at 4.3% per annum, while rival ...|
|... reflected a range of factors including the impact of AMP's appearance at the Royal Commission in 2018 and changes to MySuper pricing. As for the advice business, the cessation of internal distribution arrangements between advice and the Australian wealth ...|
|... From an age perspective, VicSuper's average member is 45, while First State's is 46. In terms of investment returns, MySuper investment returns from June 30 show VicSuper has achieved a five-year return of 8.23%, close to First State's 8.3%. Over a 10-year ...|
|... default death cover, down to 77% for industry fund members and 75% for retail fund members. "This translates into 76% of MySuper product members having death cover through their fund. The higher corporate fund up-take is most likely due to insurance ...|
|... mid-term. As of 1 July 2019, the fund offered members eight investment options in total. Christian Super also reduced its MySuper My Ethical Super option investment fees from 1.04% to 0.45% and increased its indirect cost ratio from zero to 0.55%. As ...|
|... the business planning process will be of particular interest. Trustees must also prepare outcomes assessments for every MySuper and choice products, including the timing and publication of the assessments and data sources. RSEs have the discretion to ...|
|... on their own merit as the level of risk does not always directly link to returns. Rainmaker's inaugural RMetrics MySuper report took a deep dive into the relationship between performance and volatility of MySuper products in the three years to March ...|
Charities have called on the government to plan for a gradual transition of its stimulatory payments so as to avoid the loss of more than 200,000 jobs in the sector.
A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error.
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund.
Zurich Australia and OnePath Life announced donations to 20 charities with COVID-19 response funding.
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