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Showing 21 - 30 of 822 results for %22MySuper Product of%22

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... the options that failed represent just 1.5% of the total FUM held by AMP in super and pensions. It added that all its MySuper options passed the test, as did the bulk of its trustee-directed products. Further, AMP noted that the bulk of the options that ...

Russell adds to sustainable managed portfolios

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... any way they can, and this includes how and where they invest," Rogan said at the time. Russell's GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5% in the 2023 financial ...

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
APRA has published its Quarterly Superannuation Performance and Quarterly MySuper Statistics report, revealing surging growth in the superannuation sector. Total superannuation assets increased by 7.6%, reaching $3.54 trillion in the year to June, compared ...

TelstraSuper enhances lifecycle arrangement, introduces new option

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... aged-based moderate investment option for those aged between 65 and 70. Come October, members will shift out of the fund's MySuper Growth option at 50 instead of 45 and older members will transition from the fund's conservative option at 70 rather ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... performance reporting period, Aware Super delivered a 10.7 per cent return for its flagship default investment option, MySuper Lifecycle option, cementing its place as one of Australia's top-performing super funds. The performance results also come ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
APRA has released a technical determination, aiming to standardise the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 ...

New chief executive for retail super fund, platform

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... Universal Super was launched in 2000 as a joint initiative between DDH Graham and Pension Investments. AMG Super's MySuper was one of many super products that underperformed for two years in a row in APRA's test, which prevents failed products ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...

New product lead at Equip Super

ELIZABETH FRY  |  FRIDAY, 28 JUL 2023
... his exceptional capabilities, including leading teams through periods of significant change." In FY23, Equip Super's MySuper option returned 9.83%, while its Growth Plus and Growth options were the top performers on 14% and 12.34% respectively.

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
... towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around 13% ahead of the required trajectory to carbon-neutrality ...