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Showing 121 - 130 of 204 results for "MySuper option"

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... announced on Monday that it had recorded positive returns for its balanced option. Despite the COVID-19 crash, this MySuper option has lifted 0.52% for the 2020 financial year. "We have been through an extraordinary health and economic crisis that severely ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... APRA data shows smartMonday's total funds under management sitting at $5.5 billion. About 86% of this is in its MySuper option. "Aon would like to assure its clients that in light of the learnings from this process, it has reviewed and will continue ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
For a moment, Australia's superannuation system was beyond the magic $3 trillion mark. But, COVID-19 momentarily set the sector back, according to new data. Latest Australian Bureau of Statistics data shows the super sector was smashed to the tune of ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
For the second consecutive month, Australia's MySuper options have generated positive returns, after a couple of negative months due to the COVID-19 pandemic. Latest Rainmaker research shows the average return for MySuper products in May was 2.1%, which ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... classified unlisted property and unlisted infrastructure as 100% growth," Statewide said. "We've also named our default MySuper option simply "MySuper" for the accumulation version and "Growth" for our pension product. "For most of the time this was ...

Retail funds outperform, but industry funds dominate

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... investment options, noting the median performance ESG super option returned 16.2% over the last year, while the median MySuper option brought home just 14.7%.

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... new tool will be released on Monday allowing trustees of superannuation funds to compare the outcomes of their MySuper option with those of their competitors. Superannuation investment solution provider Trustee Tailored Super (TTS) is planning to release ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... personal product." Elevate is offering two investment options - Elevate Balanced and Elevate Growth. There is no MySuper option. The balanced option charges an administration fee of 0.81% per annum plus $93.60 per annum. For comparison, fellow start-up ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
A $6 billion superannuation fund has lowered fees for its balanced MySuper option. TWUSuper's default members will go from paying $808 per year in total fees to $758 per year for every $50,000 in balance, after changes that came into effect on 1 ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... performance of funds employing responsible investment strategies to those without. The performance data reveals the MySuper option of responsible investment super funds outperform the MySuper option of non-RI super funds over five, three and one-year ...