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Showing 151 - 160 of 207 results for "MySuper option"

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 ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... creation of zero dollars day one and no legacy options suggests that even if the fee budget had been larger, the MySuper option was always going to have lower allocation to illiquids than peers and there was nothing that JCIS [NAB committee that chooses ...

CBA Group Super appoints CIO

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
... CBA Group Super has 75,000 members composed of current, retired and former CBA employees and their spouses. Its MySuper option has returned 6.58% over 10 years, 7.42% over five years, and 6.53% over one year. By contrast the SelectingSuper MySuper benchmark ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... and would have been contributing to the premium pool for many years. According to Rainmaker data, Media Super's MySuper option returned 6.9% in the three years to 31 May 2018.

Zuper opens its doors

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... growth-orientated portfolios that reflect their values and interests (Health, Green and Tech). In terms of fees, Zuper's MySuper Option charges a 0.5% investment fee and 0.83% admin fee on investment returns. Members can opt out its automatic insurance ...

Industry fund and CommInsure unveil digital claims process

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
... fund, with early beginnings in rural Australia, is open to everyone. More than 90% of members are invested in its MySuper option. Whitehelm Capital's partnership with Prime Super has also played a key role in delivering outperformance. Whitehelm, which ...