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Showing 11 - 20 of 54 results for "MySuper members"

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... their account. The feature has been automatically added for eligible AMP Super Choice members, while eligible MySuper members have the option to add it.

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
... significant geopolitical events including ongoing conflicts and elections in key global markets," he said. "Our MySuper members benefitted from the very strong returns from global equities as well as robust performance from Australian shares. "We believe ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... Victoria and half are under the age of 40. It's a steady performer, having achieved a net return of 7.82% to MySuper members over 10 years to June 30. Still, the fund has gained less than 5000 members since 1983. It faces challenges as a result of ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... members (those with workplace agreements), there are questions about how the judgment could apply to default or MySuper members, depending on the nature of the fund's trust deed, he said.

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... year. "Because super is a long-term investment, we believe this change is in the best financial interests of our MySuper members," it said. "Under the updated strategy, we'll invest 100% of your account balance in our High Growth Pool until you turn ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... said: "Delivering strong and sustainable investment returns is a priority and this is a pleasing result for AMP MySuper members. The returns demonstrate that AMP's Lifecyle MySuper is working for members as intended." Meanwhile, AMP's MySuper ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... default option achieved 8.22%, while Cbus did 8.5%. Ahead of them is Australian Retirement Trust, returning 10% to MySuper members. According to Rainmaker, in terms of full-year returns, TelstraSuper and AvSuper are ones to watch. To May end they returned ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... well-functioning financial system: efficiency, resilience, and fairness. One example of an APRA metric assesses the number of MySuper members in a high-fee, poor-performing super funds. A metric for ASIC will assess the average time it takes to complete ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... Guide SPG 227 Successor Fund Transfers and Wind-ups, and to develop new requirements for a prompt transfer of MySuper members in the event of the cancellation of a MySuper authorisation. ARPA's enhanced guidance will outline expectations of prudent practice ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... member Margaret Cole said. "Equally positive is that the performance test has contributed to over 5.1 million MySuper members (just over 38%) now paying lower fees than they were last year. "This is the culmination of APRA's intensified supervisory ...