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Showing 11 - 20 of 71 results for "MLC Super"

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... super funds only allocated 1.1% of total investments to private debt, Rainmaker said, noting that Hostplus at 2.8% and MLC Super Fund with 2.7% had the highest allocations. AustralianSuper, meanwhile, reduced its allocation from 2.2% to 1.5% over the ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The Federal Court approved the $65 million settlement that was reached in December. At the end of 2024, MLC Super Fund, NULIS Nominees and MLC Nominees agreed to settle the class action that was brought against it for deferring the transition of members ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... non-executive director at HCF Australia, AFG, and U Ethical Investors. Previously, King was a non-executive director of MLC Super, president and chair of the Actuaries Institute, and president and chair of the Life Insurance Association of Singapore. ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... more than 300,000 members to cheaper MySuper options. Maurice Blackburn has today advised it reached a settlement with MLC Super Fund, NULIS Nominees and MLC Nominees in the class action it brought on behalf of MasterKey members in 2020. It was estimated ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
Most members will save about $100 per year after the reductions, while some will save as much as $375. MLC Super said the majority of members in its MLC MasterKey and Plum range will pay less in administration fees from October 1. MLC general manager ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
Of the 97 products to fail this year's superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees. Released this morning, the 2023 performance test marks the first time trustee-directed ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... Retirement Trust (ART), Aware Super, Public Sector Superannuation (PSS), UniSuper, CFS FirstChoice, BT Super, Hostplus, MLC Super, and Military Super. AustralianSuper's projected retiree FUM share for 2032 is 33%, while ART sits at 31%, Aware Super at ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... Brighter Super, BT, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Equipsuper, ESSSuper, GESB, HESTA, MLC Super, OnePath, State Super, Super SA, and UniSuper. Equity Generation Lawyers, the firm that represents the Traditional Owners ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... Superannuation (Mine Super), Avanteos Investments (Colonial First State FirstChoice Super), AvSuper, Nulis Nominees (MLC Super), BT Funds Management (Retirement Wrap), EISS Super, Perpetual (WealthFocus Superannuation Fund) and REI Super. But it was ...