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Showing 21 - 30 of 61 results for "EISS"

Super fund rebrands

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
Following numerous cases of mistaken identity, a $2 billion industry superannuation fund has rebranded. EISS Super, or the Electricity Industry Superannuation Scheme, has changed its name to ElectricSuper. "We're still the same fund, offering great ...

Industry funds dominate risk-adjusted MySuper returns

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... fewest negative returns. Local Government Super -at 10.3% p.a. -performed best when it comes to three-year returns, while EISS Super recorded the lowest level of return volatility according to standard deviation. Club Plus finished in first across two ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
... superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced portfolio". As a result ...

Industry fund experience lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 NOV 2019
... three years to June 2019. HESTA emerged as the best risk-adjusted MySuper product over the three year period. Meanwhile, EISS Super came out as least volatile. This story first appeared in Industry Moves.

Australia's best risk-adjusted MySuper option revealed

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... are from Rainmaker's RMetrics Report which ranks default superannuation funds based on combined risk-adjusted returns. EISS Super came out as the least volatile - that is the most stable and predictable - MySuper product. This was followed by Maritime ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
A $5.6 billion superannuation fund has made a number of changes to its fee structures. EISS Super introduced a new fee structure on August 12, advising members that it regularly reviews fees and costs. On August 1 however, it did not charge investment ...

Renewed calls for risk-adjusted returns

KARREN VERGARA  |  MONDAY, 12 AUG 2019
... Hostplus and Cbus topped the rankings using RMetrics' risk-adjusted modelling. Accounting for standard deviation makes EISS Super, ESSSuper and Maritime the best-performers. While Maritime delivered lower returns compared to Hostplus for example ...

Industry fund to increase premiums

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... insurance premiums as part of the Protecting Your Super changes after recently reducing costs for members. From 1 August 2019, EISS Super members will pay more for death and TPD cover, and death only cover by 7.7%. Salary continuance insurance and temporary ...

Xplore Wealth launches new solution

HARRISON WORLEY  |  WEDNESDAY, 3 JUL 2019
... ombudsman Pamela McAlister stepped down from her role on the firm's board due to the increased demands of her regulatory role. EISS Super chief executive Alex Hutchison has taken McAlister's place, after originally stepping down in 2018 due to personal ...

Super fund slashes fees, switches administrator

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
A $5.5 billion superannuation fund scrapped several fees, discounted its insurance premiums and changed administrators. EISS Super announced several changes that took effect from 1 October 2018 affecting its superannuation, pension, retirement scheme ...