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Showing 261 - 270 of 1259 results for "MySuper"

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... issues, with 38 of 78 funds declining on all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts, cash flows and rollovers. The regulator found administration and operating expenses ...

Industry funds buoyed by unlisted assets

KARREN VERGARA  |  FRIDAY, 11 MAR 2022
... of SMSFs is competitive with APRA-regulated funds starting from $200,000. In terms of fees, ISA found an industry fund MySuper product charged 0.90% on total. Retail MySuper products meanwhile charged 1.13%, while managed investments outside of super ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... ratio sits at 1.10% while Hostplus' is 1.17% - industry average is 1%, according to Rainmaker Information. A Statewide MySuper member with $50,000 saved currently pays $551 total each year, including administration fees and costs, investment fees and ...

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... collar and professional. AvSuper said the increases are necessary to continue providing the same level of cover. AvSuper's MySuper option was one of the 13 products to fail the inaugural performance test last year. Following that, the fund introduced ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... performance test is going to halve its percentage-based administration fee, a move expected to cement it as one of the cheapest MySuper products on offer. AMG Super will reduce the percentage-based component of the admin fee charged to members in its ...

Member contributions lift super assets to $3.5tn

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... early release of super scheme withdrawals as well as growth in total contributions. Most APRA-regulated assets comprised MySuper products of $950.1 billion, which recorded the highest year-on-year growth rate of 18%. Self-managed super funds hit $876.7 ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... equities holdings and QSuper has been almost exclusively passive." The funds also share having lifecycle strategies in their MySuper options, driven by a belief that risk profile should be adjusted with member age. With new scale, Patrick expects ART ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... investment fees though, at least not immediately. Upon merging, a Media Super member with a $50,000 balance invested in the MySuper option will pay $15 more a year, with annual fees and costs rising from $439 to $454. "Competitive fees and strong long-term ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... to APRA, across all superannuation product and investment options; currently, it only publishes product-level data for MySuper products. Now, APRA wants to begin publishing that enhanced data collection and, in a new discussion paper, has outlined what ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... high returns," Smith said. In its back testing scenario analysis, Schroders found for the period from 2002 to 2021, a MySuper Balanced (70/30) portfolio holding a 3% allocation to private debt could have realised an improved outcome of 0.12% per annum. ...