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Showing 101 - 110 of 202 results for "MySuper option"

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 ...

UniSuper tops MySuper league tables

KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
... COVID-19 started. UniSuper Balanced returned 8.3% p.a. over the three-year period, making it the best performing MySuper option. It was followed by Australian Ethical Super Employer (accumulation) with 8% p.a. and Tasplan - OnTrack Build with 7.4% p.a. ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... better services, solid long-term investment returns and improved financial outcomes at retirement." EISS Super's MySuper option has returned: 3.8% over the year to February, 5.6% p.a. over three years, 7.2% p.a. over five years, 6% p.a. over seven ...

Rest appoints head of investment strategy

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... experience will be valuable in Rest investments continuing to generate strong long-term returns for our members." Rest's MySuper option returned 5.27% p.a. in the three years to February 28, giving it the 51 st spot in performance league tables. Its ...

Aware Super rejigs MySuper option

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
The $140 billion superannuation fund is changing its MySuper lifecycle option from two stages to 11. About 85% of Aware Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default ...

Equipsuper merges with corporate fund

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... number of employees was slashed from 3900 people to just 1300 at the time. At the end of FY20, Toyota Super's MySuper option returned -0.80% per annum; over five and 10 years it generated 5.2% p.a. and 7.3% p.a. respectively. The product has been ...