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Showing 131 - 140 of 202 results for "MySuper option"

AMP given the boot by AFL

KANIKA SOOD  |  TUESDAY, 3 DEC 2019
... Financial Group. The AFL fund had $145 million in assets at June end, according to APRA statistics. Hostplus's MySuper option has better performance and is cheaper than AMP Signature Super's MySuper option. AMP Signature Super uses lifestage ...

Cbus hikes fees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... a new offering in November. The Cbus Corporate Super product will see a member defaulted into the funds Growth MySuper option if they don't choose otherwise but includes the benefit of automatic tailored insurance dependant on the member's job.

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation of their investment options to be drawn down as part ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... will be transferred into Cbus Industry Super. The new offering will see a member defaulted into Cbus' Growth MySuper option, if they don't choose otherwise, but includes the benefit of automatic tailored insurance dependent on the member's ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
APRA is embarking on a multi-year project to improve the quality of its superannuation data collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny. Known as APRA's Superannuation ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... he was found to have stopped 331 Aon Master Trust default superannuation members from switching to the cheaper MySuper option. Thanh Huu Tran has been banned for two years as a result of the misconduct. He was an authorised representative of Aon Hewitt ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
A $16 billion industry superannuation fund has made a raft of changes to the fees paid by its members. Effective this month, Equipsuper has removed its weekly $1 administration fee for accumulation members with a balance of less than $3000. At the same ...

Australia's best risk-adjusted MySuper option revealed

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
Hostplus has the best three-year returns in default superannuation products but if risk measures are taken into account, another industry fund takes the top spot, according to new Rainmaker research. HESTA emerged as Australia's best risk-adjusted ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
... long-term benefits for members, and pointed out the PDS example of total costs for a $50,000 investment in its MySuper option has dropped by 22.6% since February. Energy Super chief executive Robyn Petrou said the fee cut was possible because the fund ...