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Showing 141 - 150 of 202 results for "MySuper option"

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... outperformance has drawn the ire of some that are being unfairly compared. Maritime Super was prompted to defend its MySuper option after it was named the "weakest performer" in an AFR article, bottoming the league table at 4.3% per annum, while rival ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
... to March 2019, which is slightly lower than the MySuper average of 8.4%, according to Rainmaker. Hostplus' MySuper option was the best performing over the period, returning 10.6%. Club Super is based in Queensland and caters to community clubs incorporating ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Colonial First State is removing nine funds from its FirstChoice Investments menu following weak investor appetite. The removed funds include Acadian Global Managed Volatility Equity, Franklin Templeton MultiSector Bond, Milliman Managed Risk Australian ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
Colonial First State has trimmed its platforms fees, in a move it says will save $68 million in annual fees for 500,000 members. The fee reductions apply across its FirstChoice Wholesale, FirstChoice Employer Super and FirstWrap Plus platforms. They ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...

The $500k price tag on bad super choices

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... calculating the returns they could reap from various default super products. A person who stayed in the lowest-performing MySuper option all of their working life would build a nest of $265,000 before they retired, the research found. On the flipside ...

Super ESG options can outperform

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
The average ESG investment option offered by Australia's superannuation funds outperformed the average MySuper default product in the 12 months to 30 September. Rainmaker analysis shows 68 super funds currently offer a total of 639 ESG investment options ...

Cbus invests in UK infrastructure

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
... Australia and with this partnership we now hold stakes in ports from Sydney to Edinburgh." Cbus' workplace MySuper option has delivered 11.9% in year ending August 31, according to SelectingSuper. Over a three-year period, the fund had the fourth-best ...

Intra-fund advice conflicted: Royal Commission

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... advisers' clients elected to remain or gave an investment direction rather than transfer to the default and lower cost MySuper option. ASIC eventually identified the adviser's "pattern" and issued a notice to CFS in February of this year. Chun ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... MySuper product of the same name. He said previous marketing collateral for the product wrongly labelled it as a MySuper option. Yesterday, the royal commission heard CFS executive general manager Linda Elkins blame the limitation of CBA's systems ...