Search Results | Showing 11 - 20 of 40 results for "MySuper members" |
| | | ... make significant savings. As a result of consolidating its superannuation products from 11 to three, AMP's MySuper members will see an 8% drop on average across dollar administration and investment fees. Those in Choice products will see an average ... |
| | | | ... MySuper product FirstChoice was recently named among the 13 funds that failed APRA's first performance test for MySuper members. On the day CFS was slated to receive the results (and a day before APRA posted the results more widely), it announced ... |
| | | | ... Occupational exclusions in default insurance policies affect the automatic acceptance of default cover for some new MySuper members and may also have significant consequences where a member changes occupation, Hume said. The review will focus on life ... |
| | | | ... exactly why the fund has overhauled its approach. "We had a strategy in place that was more defensive for our MySuper members, and when the Global Financial Crisis hit and 25% of members went to cash, that showed us that we had to be very conscious of ... |
| | | | The industry superannuation fund has delivered 21.32% per annum for its MySuper members, the majority of which are invested in this option. The $68 billion Hostplus said the result for its MySuper (Balanced) option is its "best-ever single-year performance" ... |
| | | | ... Default insurance in superannuation report shows. ASIC's review of the group insurance market found that two MySuper members will receive different covers at varying prices. For example, a 30-year-old woman's total premium varied by 25 times ... |
| | | | ... option. Effective June 2021, Aware will move its MySuper products from two age-based stages to 11 stages. All Aware MySuper members up to age of 55 will go into the multi-asset high growth option. Those above 65 will be invested in the balanced growth ... |
| | | | ... and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members in Mercer SmartPath will see admin fees reduce from 0.55% to 0.34%. Choice members will see admin fees go from 0.60% to 0.39%. ... |
| | | | ... so far has been that the publication of the MySuper heatmaps has been an effective prudential tool, with 42% of MySuper members seeing a reduction in fees and costs since the publication of the first heatmap. "This translates to 6.1 million members saving ... |
| | | | ... went on to explain the heatmap has been a "game changer" for transparency across the industry as more than 40% of MySuper members have had fees reduced since December. "The flip side, however, is that inaction, or inadequate action, by some funds has ... |
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