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

Search Results

Showing 361 - 370 of 1259 results for "MySuper"

Catholic Super to drop fees

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... currently range from 0.73% per annum on its balanced option to 0.83% per annum for its aggressive option. Equip's MySuper option charges 0.32% per annum. Togethr Trustees said the funds' different investment structures mean the different options ...

Rest hires from AMP

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... earlier this year hired a general manager of digital, and a general manager of member insights and strategy. Rest's MySuper product has returned 7.8% p.a. over 10 years to April 2021, putting it at rank 25. It has hired heavily in recent months. ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
... benefits will be unlocked for everyone." LGIAsuper has committed to fee reductions for Suncorp Portfolio Services members in MySuper and choice products. Farrar said the biggest fee reductions and cost benefits for those members will be realised after ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
Hostplus remained the best performing single-strategy MySuper option in the year ending April, as superannuation's rebound continued. The Rainmaker MySuper Index returned 18.7% in the 12 months to April. The month's returns were 70bps lower ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... regulator's 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 ...

UniSuper names next chief executive

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... one of Australia's top superannuation funds." Chun joins the fund at a time when it is among the t op-performers on MySuper league tables, but its membership base faces challenges from bans on arrivals of international students. Earlier this month ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... APRA said in releasing the quarterly figures, attributing the growth to strong investment performance. Total assets in MySuper products reached $850 billion, rising 19.3% year on year. Industry funds' assets stood at $857.6 billion, also up nearly 20%. ...

BUSSQ extends Link contract

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... Trevor Govender as executive manager, operations, product and finance. The super fund was also the third top performer in MySuper for December end when risk adjusted returns were considered.

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... 33-year-old Intrust has about 96,000 members, and 30,000 employers in the hospitality, clubs, tourism and retail sectors. Its MySuper product returned 6.7% p.a. in the three years and 8.29% p.a. in the 10 years ending April 30. Hostplus and Intrust's ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... sustainable over the long term," Rowell said. Rowell pointed out the improvements in superannuation including introduction of MySuper and reduction in multiple accounts. But called out things that needed to improve including current directors with 20-year ...