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Showing 1 - 10 of 826 results for %22MySuper Product of%22

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... coupled with their award-winning investment performance and innovative product offerings including their insurance and MySuper Lifecycle product, make them a compelling market proposition. "I look forward to shaping the industry's conversation around ...

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
... going from 0.53% to 0.54%, and transaction costs rising to 0.05% from 0.02%. For a member with $50,000 invested in the MySuper Consolidating Lifestage option, they'll now pay $468.40 - $4.40 more per year. The change to administration fees is across ...

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... Alternative Debt Fund will be a standalone strategy that can be accessed by members of AMP's Super Fund invested in the MySuper or Future Directions options range. The fund will be part of the Diversified Credit sector and will complement AMP's existing ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... readily available data that APRA has to be able to administer the test in a relatively quick manner as well," he said. MySuper products were the first to be subjected to the test three years ago, forcing many super funds that failed to either join forces ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... by 0.34%. The lowest saving will flow to those members in the Indexed Balanced option, being a reduction of 0.01%. The MySuper option's investment fees and costs are going down 0.02% to a total of 0.74%. Brighter Super said it plans to further reduce ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... retirement savings, assessing trustees on investment performance and fees charged to members. The test has been applied to MySuper products since 1 July 2021 and was extended to Trustee-Directed Products (TDPs) on 1 July 2023. In the latest test, which ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... script flips: Mine Super's - High Growth investment option leads with an 8.5% return. TelstraSuper Corporate Plus - MySuper Growth followed at 8%, with Active Super's High Growth option not far behind at 7.8%. Looking at a 10-year performance ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... has amassed $1 billion in funds under management in just over 12 months, while delivering the best-performing Lifecycle MySuper option of 2023 and quietly rolling out a retirement offering at half the cost of the incumbents'. Speaking with Financial ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... in Honeywell comprising 1.21% of the total. An $8.5 million holding in Lockheed Martin made up 0.74%. Equip Super's MySuper option, for example, had as much as $2.5 million in Honeywell, $1 million in Lockheed and as little as $60,000 in Elbit. Australian ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... to 30 June 2023 were $134 billion, while $76 billion was paid out in benefits. The average account balance in a MySuper product is just shy of $64,000, while the average balance overall is $111,380.
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