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Showing 171 - 180 of 202 results for "MySuper option"

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." ...

REI Super extends Ibbotson consultancy mandate

MARK SMITH  |  TUESDAY, 20 JAN 2015
... of the Morningstar Investment Management Group, provides advice and management for REI Super's low-cost default MySuper option as well as the fund's other investment options. "We value our relationship with REI Super, and we're very pleased to be reappointed ...

AFA to lobby for MySuper opt in arrangement

LAURA MILLAN  |  FRIDAY, 17 OCT 2014
... insurance arrangement." Super fund members under the default option will automatically transition to their fund's MySuper option, but Fox demanded that they opt-into the transition. "We need to change the framework that says that rather than the fund ...

AIST attacks big-bank default grandfathering

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
Bank-owned retail funds should be forced to roll all their default superannuation members out of high-fee products into low-fee MySuper products, according to the Australian Institute of Superannuation Trustees (AIST). AIST head of executive manager ...

HOSTPLUS to launch lifecycle option

JAMES FERNYHOUGH  |  FRIDAY, 19 SEP 2014
... less so with industry and public sector finds. HOSTPLUS' lifecycle option however will not replace its existing MySuper option. Elia also gave an update on HOSTPLUS's member direct investment (MDI) option Choice Plus, which was launched a year ago. He ...

Industry funds must learn from banks: Equip

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
Industry funds must learn from banks on areas such as customer relations, branding and diversifying their offerings beyond super if they are to access retail members and build their member bases, according to Geoff Brooks, executive officer of strategic ...