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Showing 171 - 180 of 207 results for "MySuper option"

First State Super renames investment options

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
... members to make an easier comparison." First State Super's diversified (growth) pre-mix investment option is also its MySuper option for members up to and including 59 years of age. As at 31 December 2015, the diversified (growth) option had an asset ...

Retail super portfolios dodge disclosure: ISA

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
Industry representative groups believe the federal government's draft on improved superannuation transparency does not go far enough, with at least $400 billion in retail fund assets escaping proposed disclosure requirements. In submissions to government ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
... and other permitted factors including balance, gender and time to retirement; are allowed to opt as the default MySuper option. The analysis found that life cycle funds represent around a third of all MySuper funds under management (which themselves ...

SMSFs and growth funds hit hardest by sell-off

DARREN SNYDER  |  MONDAY, 18 JAN 2016
... but went on to rebound by more than 40% in the remaining 11 months." Cbus said over the past 31 years, the Cbus MySuper option has returned 9.28% on average each year with 28 of the 31 years being positive. "Asset classes like Australian and international ...

SelectingSuper awards super fund of the year

ALEX BURKE  |  WEDNESDAY, 18 NOV 2015
... statement said "[reflects] its complete low-cost offering and strong, consistent performance across its default MySuper option, its diversified and asset specific investments as well as its sharply priced insurance cover." This is HOSTPLUS's second consecutive ...

FSI response fans default super flames

MARK SMITH  |  WEDNESDAY, 21 OCT 2015
The government calling for another review of default super in its response to the Financial System Inquiry has inflamed the on-going row between the industry and retail segments of super. Industry fund body Industry Super Australia has questioned the ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
... dishonestly. "The disclosed investment fees do not have any reference to the underlying asset allocation of the MySuper option," he noted. "Rice Warner would expect higher fees from higher levels of: growth assets; active management; unlisted assets." ...