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Showing 181 - 190 of 202 results for "MySuper option"

Kinetic Super to reduce admin fees

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... balance. There will be no change to this. The fund also charges an investment management fee of 0.43% per annum on its MySuper option. Kinetic Super chief executive Megan Bolton said: "We are always looking for efficiencies that can improve member contact ...

Super returns up slightly to 12.8pct

ALEX DUNNIN  |  FRIDAY, 4 APR 2014
The SelectingSuper Workplace rolling 12 month default option index recovered slightly during February to return 12.8% up from 12.5% at end January albeit this is still sharply down from December's 16.1%. Underpinning the results are that the rolling ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... collective thinking of trustees around the country." QSuper is one of the few not-for-profit funds to adopt a lifecycle MySuper option. However, about half of all retail funds offering a MySuper option have adopted a lifecycle approach. The new strategy ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

Lifecycle the future of pensions globally: Mercer

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
... Researched released yesterday by Mercer showed that while more than half of all retail funds offer a lifecycle MySuper option, less than 10% of industry funds opted for lifecycle. But Mather said this will change. "A number of the industry funds have ...

Retail funds favour lifecycle MySuper options

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
... with MySuper products, 14 have gone for the lifecycle model. One such retail fund is Colonial First State. Its MySuper option, FirstChoice Lifestage, divides its members into 11 five-year cohort. Each cohort is managed separately, so that members born ...

MySuper lifecycle options not for everyone: AusSuper

JAMES FERNYHOUGH  |  TUESDAY, 21 JAN 2014
... their retirement, earlier de-risking makes sense. One such fund is QSuper, which has indeed opted for a lifecycle MySuper option. However, QSuper chief investment officer Brad Holzberger said there are many other factors to consider. "Some members may ...

Government targets super in awards, board independence

JAMES FERNYHOUGH  |  THURSDAY, 28 NOV 2013
The Abbott government looks set to follow through on its plan to introduce a quota of independent directors on super fund boards, and to take superannuation out of modern awards, following the release of a discussion paper by Assistant Treasurer Arthur ...

MySuper authorisations creep up to 78

ALEX DUNNIN  |  FRIDAY, 18 OCT 2013
... the twin approach of establishing a new stand alone low cost direct distribution product as well as a separate MySuper option that could be attached to its other employer platforms. NAB/MLC on the other hand have so far opted just for a MySuper platform ...

MetLife poised to enter DLA market

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
Life insurer MetLife will launch a deferred lifetime annuity into the Australian market if the current legislative and other impediments are removed. Speaking in a panel discussion hosted by the Association of Superannuation Funds of Australia (ASFA) ...