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Showing 101 - 110 of 207 results for "MySuper option"

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... Wilson today. The funds both reported record returns for the 2021 financial year, with Cbus returning 19.34% in its MySuper option and AustralianSuper's MySuper option returning 20.43%. They were the best returns in each fund's history and Cbus also ...

TelstraSuper lowers admin fee

ELIZABETH MCARTHUR  |  TUESDAY, 29 JUN 2021
... individuals, or a combined account balance of $956,700 for couples (reduced from $1,289,181). TelstraSuper Corporate Plus MySuper option was among the top five best performing MySuper options in the country on a three-year basis at the end of March 2021 ...

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... currently range from 0.73% per annum on its balanced option to 0.83% per annum for its aggressive option. Equip's MySuper option charges 0.32% per annum. Togethr Trustees said the funds' different investment structures mean the different options ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
Hostplus remained the best performing single-strategy MySuper option in the year ending April, as superannuation's rebound continued. The Rainmaker MySuper Index returned 18.7% in the 12 months to April. The month's returns were 70bps lower ...

Former Australian Unity adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
A former authorised representative of Australian Unity Personal Financial Services was handed a five-year ban for telling clients MySuper options are more expensive and to opt out of the products. Christopher Chan will serve a five-year ban for writing ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
... example, the Building and Growing MySuper options fees decreased by one basis point each and the Consolidating MySuper option investment fee decreased by three basis points. Additionally, Guild Super changed its policy on partial rollouts. Members can ...

Best MySuper options by risk-adjusted returns

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... 0.4. Aware Super was the fifth-best by returns but the second-best on the combined risk adjusted rank. Aware's MySuper option had Omega ratio of 2.2, Sortino ratio of 0.8 and Sharpe ratio of also 0.9. Similarly, BUSSQ was the 16 th by returns but third ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... the Royal Commission. Under the reforms, a member's accrued default amounts of super were to be transferred to a MySuper option by 1 July 2017, unless a member opted out of the transfer. An accrued default amount is the amount of a member's superannuation ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... ending February 28, giving it the 26th spot in return rankings of default products. It is the sixth-best performing MySuper option on a seven year basis with 8.1% p.a. returns. Brake was appointed Future Fund's chief investment officer after then ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for ...