Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 236 results for %22total MySuper%22

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
... of Australia. Just last month, GuildSuper ticked over $3 billion in funds under management (FUM), bringing Future Group's total FUM to about $14 billion.

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... new investment solution to provide bespoke access to global private debt investments in developed markets. AMP said the total volume of institutional assets under management allocated to private debt is estimated to be around US$1.7 trillion globally ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... among like options where the median return was 6%. As at April end, about 1406 members are invested in the option with a total of $131.5 million in assets; however, it is one of the fund's most expensive offerings, with investment fees and costs ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... insurance cover in ART". Some examples of difference in cover include AvSuper members who have any amount of unitised death and total and permanent disablement (TPD) on the transfer date will become fixed cover in ART. ART's fixed TPD cover tapers ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Thales and $137,000 in Elbit. In a $1.06 billion UniSuper portfolio, $13.9 million is 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 ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... cybersecurity stocktake involving more than 300 banks, insurers, and super funds. The update on priorities comes as Australia's total retirement savings pot marches steadily towards $4 trillion. Statistics released by APRA yesterday show total super ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... investment return objectives. Separately, the super fund has disclosed its financial position in a statement, revealing total assets to be approximately $624 million as of June 30. Vanguard Super was launched in November of last year, and a key distinguishing ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... approximately 42,000 members are invested - annual fees and costs will be 0.62%, up from 0.52%. Subsequently, the fund's total expense ratio will rise from 1.09% to 1.19%. Legalsuper chief executive Luke Symons told Financial Standard that the fund ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... five-year strategy, which expanded internal asset management from 9% to 38% as of June 2022 and resulted in $512 million in total investment fee savings. "It's an exciting time at Cbus following the release of our new five-year investment strategy ...
PREVIOUS
NEXT