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Showing 21 - 30 of 207 results for "MySuper option"

MLC AM delivers real returns for members in FY25

KARREN VERGARA  |  MONDAY, 30 JUN 2025
Staying the course on listed equities amid tariff-induced market turbulence has led to MLC Asset Management achieving double-digit returns for the 2025 financial year and, more importantly, real returns for members, according to its investments chief. ...

ART pinged by ASIC over misleading returns data

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... by the regulator after it was found to have showcased better returns than what was really being achieved for its MySuper option. ASIC alleged ART misled consumers by publishing outdated performance data for its Lifecycle Investment Strategy between July ...

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
Australians in default investment options could collectively be $46 billion better off with age-based personalised strategies, according to analysis from Russell Investments. Russell Investments, the operator of the Russell Investments Master Trust ...

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Colonial First State (CFS) managed the two best-performing MySuper options over the year to March 31. The wealth management and superannuation provider's head of equities Ben Lam explains the "art and science" behind its recently evolved manager ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... idling in products that attracted higher fees and commissions to financial advisers that would have been banned in a MySuper option. The action alleged the delay impacted about $6.8 billion in accrued default amounts. In December 2020, the Supreme Court ...

Cbus hits $100bn in member assets

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... generated returns of 10.77% for 2024. The fund's High Growth investment option, returned 13.78% for the year. The MySuper option has generated returns of 7.83% p.a. and 7.53% p.a. over 10 and 20 years, respectively. Cbus chief investment officer ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... idling in products that attracted higher fees and commissions to financial advisers that would have been banned in a MySuper option. In December 2020, the Supreme Court of Victoria ruled the case invalid saying prospective losses are not considered a ...

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... annum from the effective date of the merger of the two funds. In time, members will also benefit from a single MySuper option which will be developed with the fund's unique member characteristics in mind, the funds said. The investment menu will ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... now on future growth, and it expects ART will manage at least $500 billion by 2030. The research house gave ART's MySuper option a Gold Medalist Rating, as with the High Growth, Conservative, and Balanced Risk Adjusted options, while its Conservative ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... assets but did not adjust other options with exposure to the same underlying unlisted assets - including HESTA's MySuper option - until a week later. "The superannuation fund experience demonstrates that private assets can play a positive role for individual ...