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Search ResultsShowing 11 - 20 of 100+ results for "MySuper"
LGIAsuper revises down unlisted assets
KANIKA SOOD  |  FRIDAY, 24 APR 2020
... property portfolio by 5% and infrastructure portfolio by 3%. The changes translate to a -1% reduction in returns for both MySuper and diversified growth option members and a -4% fall in returns for property option members, the fund estimated. The new ...
CBA Group Super posts -7.7% returns for March quarter
KANIKA SOOD  |  MONDAY, 20 APR 2020
... volatility in the sharemarket. "This resilience to volatility is demonstrated when comparing the performance of our Balanced (MySuper) option to major sharemarkets over the three-month period from 1 January to 31 March 2020. The Australian sharemarket ...
APRA-regulated fund or SMSF: It's all the same
ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... the aggregate level SMSFs as a segment probably fell around 14% in March, slightly more than the average 11% fall in MySuper. "Combined with ASX companies squeezing their dividends this could really put the squeeze of SMSFs to pay retirement income," ...
NFP super fund performance revealed
JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... in the month of March was -9%. While not naming names, Rainmaker compiled a tally of March investment returns from 15 MySuper products run by NFP funds - including some of the country's largest - that declare daily unit prices and crediting rates. The ...
Statewide revises down investment objectives, ups fees
ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... 4% to 3.5% and the conservative option went from CPI+ 1.5% to 1%. There were no changes to the other options, with its MySuper offering maintaining an investment objective of CPI+ 3%. At the same time, the fund announced the dollar-based administration ...
APRA heat map update in doubt
HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...
Perpetual exits MySuper
JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
A $16.5 billion industry superannuation fund is set to take over Perpetual's MySuper offering in a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will ...
APRA locks in mid-year heat map update
HARRISON WORLEY  |  THURSDAY, 19 MAR 2020
APRA has committed to releasing an updated portion of its controversial MySuper heat map in June to reflect the actions of superannuation trustees over the seven months since its initial release. The prudential regulator is set to release an updated ...
AMP Life, AMP Capital fined
ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of the FirstChoice Fund in a misleading way. The communications ...
ASIC drags CFS to court over MySuper
ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of the FirstChoice Fund in a misleading way. The communications ...
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