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Showing 11 - 20 of 41 results for "MySuper offering"

Russell launches new super product

ELIZABETH MCARTHUR  |  TUESDAY, 27 OCT 2020
Russell Investments has launched a new personalised super product, replacing its MySuper offering as it eyes mandates from other funds. The new offering is called GoalTracker and Russell says it is the first personalised superannuation product to launch ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... over the period, WA Super achieved the highest risk-adjusted return and also had the lowest volatility of any MySuper offering. WA Super returned 5.6% per annum, and was ranked first for the Sharpe ratio (returns per unit of risk), third for the Sortino ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... reported record inflows of $660 million for the financial year, telling Financial Standard that it's balanced MySuper offering returned 6.9% net of fees for the quarter. For the 2020 financial year, Australian Ethical's balanced option returned ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
APRA analysis shows a significant proportion of MySuper members have been spared more than $100 million in fees in the last six months thanks to the introduction of its heatmap. Updating its MySuper heatmap to reflect changes in the fees charged, APRA ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
... after financial advisers failed to comply with legislation that would have seen them transferred to a lower cost MySuper offering in 2017. More than 1266 smartMonday members have received about $2.6 million in compensation after two third-party authorised ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... 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 fee ...

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 ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
A new fee introduced by Australia's largest superannuation fund has divided the industry, with many questioning its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... for the fund as APRA made it compulsory for super funds to provide death and TPD insurance as a part of their MySuper offering. "We have had a strong relationship with the team at MLC Life Insurance, who have worked tirelessly to help us in supporting ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... held. They will also be entitled to automatic income protection cover where applicable. Again similar to the MySuper offering, according to the PDS, most members are eligible for insurance though there are some caveats. For instances, those aged 65-69 ...