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Showing 271 - 280 of 1259 results for "MySuper"

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... to deliver exceptional outcomes for our expanded membership, including delivering one of the lowest admin fees of all MySuper funds, market-leading default investment outcomes - especially from our MySuper Balanced option which is ranked number one for ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... with a view to developing new requirements to apply from 2023 in the event of cancellation of an authority to offer a MySuper product, it said. Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) and associated guidance will ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... all options are certainly on the table in terms of how we consider the platform and super business." BT saw two of its MySuper products underperform the inaugural APRA performance test last year. As first reported by Financial Standard, the company then ...

Christian Super hires former Mercer executive

ELIZABETH FRY  |  THURSDAY, 20 JAN 2022
... benchmark relative investment performance over all recent periods. Christian Super was in the top five single strategy MySuper funds in the past 12 months while Rider ran the portfolio, according to Rainmaker analysis. Piper also confirmed that the assessment ...

AMP hires new head of portfolio management

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
... at AMP is responsible for investment management for institutional clients and AMP's superannuation funds, including its MySuper Lifecycle options. Eliot joins from Pendal, where he was senior portfolio manager in multi-asset investments. Previous head ...

YFYS could dampen ESG adoption: Research

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... 0.5 percentage points per year over an eight-year period will be classified as underperforming. APRA released the first MySuper performance tests results in August. Thirteen products with $56 billion of assets failed the inaugural test. Next year, APRA ...

Cbus to launch new investment options

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... options with the possibility of future mergers in mind, as well as corporate superannuation markets. "Our default Growth MySuper option is a top quartile product, and we continue to view it as a superior product designed to suit most members," Fok said. ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... under management and just over 6000 members; about 70% of its members are female. To 30 November 2021, the fund's MySuper option achieved a one-year return of 12.9%. Over three years it's achieved 10.3% and 8.8% over five years. All of Lutheran ...

Best-performing default funds revealed

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... period, Aware Super's personal default fund marginally achieved the highest return of 12.9% p.a. GuildSuper's Personal MySuper Growing lifestage option returned 12.3% p.a. while Virgin Money's LifeStage Tracker 1974-1978 achieved 12% p.a. Corporate fund ...

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... Regulation Authority has released the of all the funds it assessed showing another seven, including some of Australia's biggest MySuper funds only marginally passed the test. "Superannuation trustees need to focus on improving retirement outcomes for ...