Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 207 results for "MySuper option"

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 ...

Industry fund overhauls MySuper options

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2019
... increasing those charged for admin from March 2020. GuildSuper has informed members it will change the structure of its MySuper option on the back of changing economic and market conditions. As a result, fees and costs incurred by members will also change. ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... drop from 0.94% to 0.76% - a total cut of 0.16%. That's the highest fee cut across the options, with the balanced MySuper option getting a 0.12% cut, the stable option getting a 0.10% cut and the bonds option fees cut by 0.02%. Australian property will ...

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 ...