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Showing 311 - 320 of 1259 results for "MySuper"

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... APRA's inaugural performance test, Colonial First State (CFS) has appointed BlackRock to run strategies across its two MySuper funds. BlackRock won the mandate to provide investment services to CFS' FirstChoice Employer Super (FCES) and Commonwealth ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... test. The fund was one of 13 to fail the Your Future, Your Super (YFYS) performance test based on the performance of their MySuper options. Tighe said EISS failed the test because halfway through the oversight period it changed its investment approach ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... insurance members for all default cover for life insurance, total and permanent disability and income protection insurance in MySuper and choice products. It comes as consultation on a review of occupational exclusions is due to wrap up this week, with ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... fees across many of its options and making changes to the indirect cost ratios applied. For example, for the balanced MySuper option, the investment fee is increasing slightly from 0.58% to 0.60% while the ICR is being reduced marginally from 0.12% to ...

Lifecycle now MySuper mainstream: Rainmaker

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up. This is one of Rainmaker Information's latest ...

OnePath tops Fat Cat super fund list

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... the index fund with similar risk (after fees and taxes)." APRA's inaugural performance test revealed that AMG's MySuper option failed to meet its standards, together with offerings by EISS Super, BT Super and CFS.

MetLife enhances mental health policy

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
MetLife Australia unveiled a mental health strategy for its employees in light of Mental Health Month. MetLife will create a resource hub that includes content from the Black Dog Institute and its own 360Health program. As part of the initiative, it ...

Failing Asgard super option to close

JAMIE WILLIAMSON  |  WEDNESDAY, 29 SEP 2021
... transfer would occur in mid-October and be completed in November. Under the changes, members who were invested in the MySuper Lifestage option are set to be transferred to an equivalent MySuper Lifestage option within BT Super. Meanwhile, those who are ...

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... performance benchmarks, approved by the board, to monitor the performance of each investment in each investment option and each MySuper product on an ongoing basis. When reporting the performance of investment options to senior management and the board ...

AMP reduces super fees

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
... set to 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 ...