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| | | The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up. This is one of Rainmaker Information's latest ... |
| | | | ... index fund with similar risk (after fees and taxes)." APRA's inaugural performance test revealed that AMG's MySuper option failed to meet its standards, together with offerings by EISS Super, BT Super and CFS. |
| | | | ... industry in NSW and ensuring the funding position of the defined benefit fund was returned to surplus." The fund's MySuper option has underperformed the median option to July end over one, three, five, seven and 10-year periods. For example, its MySuper ... |
| | | | ... comprised of 0.197% direct costs ratio and 0.93% indirect look-through investment costs. If a government sponsored MySuper option was administered by the Commonwealth Superannuation Corporation, which currently charges members $84 a year, total fees ... |
| | | | ... portfolio, and changes to how we collect data," it said. The $12 billion industry fund raise annual fees on its MySuper option by 10bps, as it goes from charging 62bps in investment fees and 7bps in transaction costs per year to the new fee structure ... |
| | | | ... said falling housing prices wouldn't affect its holdings in commercial property. While AustralianSuper's MySuper option is among the top performers, its property option has not enjoyed the same peer ranking. In 2018, at the time of the last changes ... |
| | | | ... only indicator of future performance," he argued. Robertson acknowledged performance of the $6 billion fund's MySuper option in previous years hasn't been stellar but said that's exactly why the fund has overhauled its approach. "We had a ... |
| | | | After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ... |
| | | | APRA has issued guidance on how it will administer the Your Future, Your Super performance test for lifecycle MySuper options that make changes within the option or transition to a new option. The regulator has the power to make determinations on combining ... |
| | | | MySuper options have delivered the best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees ... |
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