Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 90 results for %22Rainmaker MySuper Index%22

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
Research by Rainmaker Information shows that an industry fund has the best performing personal super investment option, as at 30 November 2022. Hostplus Personal - Balanced option ranked first in Rainmaker's last superannuation performance tables ...

Best performing MySuper investment option named

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
Rainmaker Information has released a list of the best MySuper investment options as at 30 November 2022. Hostplus' Balanced option ranked first in Rainmaker's latest superannuation performance tables with a 6.3% annualised return over a three-year ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... low-cost, including no dollar-based fees. The lifecycle option comes in at 0.58% total fees per annum which, according to Rainmaker analysis, makes it the cheapest in market for a $50,000 balance - but only just. ANZ Staff Super has fees of 0.588%. But ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... cheaper than industry funds, charging an administration fee of 1.09% and an indirect cost ratio of 0.11%. Analysis by Rainmaker Information found that was only true for members with a balance of less than $21,000. Over time, FairVine increased its fees ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... likely to deliver the fourth worst result in 35 years for the financial year just gone. According to the Rainmaker MySuper Index, default MySuper options are expected to see a median return of -2.8% for the 2021/22 financial year - a far cry from last ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... years to the end of 2021, the ABS eight city house index increased only 6% pa, but in savage contrast, the Rainmaker MySuper index climbed 50% faster. Over this 10-year period, an investment in the ASX would also have performed better than housing earning ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... be 0.28%, including an investment fee of 0.10% and admin fee of 0.18%. On a $50,000 balance, a member would pay $140. Rainmaker Information's most recent fee study found passive options offered by super funds charge an average of 0.12%. LGIAsuper said ...

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
... competition is strong, and no-one has the ability to rest on their laurels from one year to the next." Money worked with Rainmaker Information, InfoChoice, WhistleOut and Carsales to assess thousands of products. To find Australia's top-performing ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ...