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Showing 351 - 360 of 1259 results for "MySuper"

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... Lifestage 1980-84 returned 26.5% in the year ending June, according to Rainmaker's performance tables for workplace super (MySuper/default) which includes single-strategy as well as lifestage options. However, Essential's performance over three ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
... August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products will face the test from July 2022. In the July 30 letter, APRA said ahead of undertaking ...

Hostplus delivers 21.3% to members

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
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" ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
MySuper options have delivered the best annual financial returns in over three decades, new research shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... Tim Wilson today. The funds both reported record returns for the 2021 financial year, with Cbus returning 19.34% in its MySuper option and AustralianSuper's MySuper option returning 20.43%. They were the best returns in each fund's history and Cbus also ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... eight-year period looked at current strategic asset allocations and assumed administration and advice fees in line with the MySuper median fee.

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... superannuation funds delivered the best performance in the personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum in the year ...

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
... officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" from the FY20 when Cbus's MySuper delivered 0.75% for the 12 months. Of the 1.5% to 2% portfolio-wide alpha, nearly 1% came from active management in the equities ...

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... suggested removing the ability for superannuation trustees to deduct advice fees (other than for intra-fund advice) from a MySuper product because it is a simple product with basic features. His view was that members who wish to obtain financial advice ...

TelstraSuper lowers admin fee

ELIZABETH MCARTHUR  |  TUESDAY, 29 JUN 2021
... individuals, or a combined account balance of $956,700 for couples (reduced from $1,289,181). TelstraSuper Corporate Plus MySuper option was among the top five best performing MySuper options in the country on a three-year basis at the end of March 2021 ...