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Showing 21 - 30 of 57 results for "Default MySuper"

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
... funds going cash flow negative does not mean that members lose money. Rainmaker expects super fund returns in default MySuper options to remain relatively buoyant despite taking a hit from the pandemic.

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... direct options. The majority, 79% or $715 million, of that holding comes from member money in AustralianSuper's default MySuper investment option. The mining giant is the fund's 10th largest Australian equities holding. "We've had two or ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... classified unlisted property and unlisted infrastructure as 100% growth," Statewide said. "We've also named our default MySuper option simply "MySuper" for the accumulation version and "Growth" for our pension product. "For most of the time this was ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of the FirstChoice Fund in a misleading way. The communications ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of the FirstChoice Fund in a misleading way. The communications ...

LGIAsuper offloads European assets

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... highly diversified approach to investing has proven successful with members receiving 9.1% growth in LGIAsuper's default MySuper Lifecyle U75 investment option over 34 years to 30 June 2019 and 8.6% over the past 10 years," she said. She argued that ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... after fees and tax basis. "Considering the long term nature of superannuation we have determined that changing our default MySuper investment option to one that invests in more growth assets (e.g. Australian and international equities) will provide our ...

Women-led super funds continue to shine

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... women in super, the numbers show this has remained steady at 30% since 2016. Rainmaker analysed single strategy, default MySuper products offered by not-for-profit funds totaling about $860 billion in funds under management. The returns are dated 30 ...

Super ESG options can outperform

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
... investment options, with the average offering achieving a 10% return in the 12 months to September end. The average default MySuper product achieved a 9.8% return. The analysis looks at the options on offer from the likes of AustralianSuper, HESTA, UniSuper ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... (before fees and tax) in the year to July 2018. Meanwhile the SG360 Default Index, which tracks the performance of default MySuper products, returned 10.2% per annum. Over a three-year period, returns for both the SMSF (7%) and MySuper (6.8%) sectors ...