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Showing 421 - 430 of 1260 results for "MySuper"

Retail default fund tops performance table

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
A retail MySuper fund delivered the best returns in the three years to October, the latest Rainmaker league table shows, but on an aggregate industry superannuation funds outranked peers. Australian Ethical Super's balanced accumulation fund (6.7% ...

TelstraSuper appoints head of equities

KANIKA SOOD  |  THURSDAY, 3 DEC 2020
... single team and Dominique has been appointed to lead the team," the fund said in a statement. TelstraSuper Corporate Plus (MySuper Growth) returned -1.8% in the year ending October, lower than the median funds' -1.1% for the period, according to ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
... named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital stable), equities, property, bonds, cash and ESG ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members in Mercer SmartPath will see admin fees reduce from 0.55% to 0.34%. Choice members will see admin fees go from 0.60% ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... money to maximise funds under management. Many industry stakeholders are calling for simple regulated products akin to MySuper products. The federal government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... Laws Amendment (Measures 4 for a later sitting) Bill 2020: Addressing 5 underperformance in superannuation will subject MySuper funds to an annual performance test graded against a designated benchmark. Products that fail an annual performance test must ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... same place." Twenty-four of BT Funds Management's lifecycle products scored mostly red, the worst possible rating MySuper products can be graded for a period of five years based on net investment returns. BT general manager of superannuation Melinda ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... $38.5 billion in the same period last year. APRA regulated assets were down 0.8%, of which $753.6 billion was invested in MySuper products which saw a loss of 3.3%. Annual member contributions also took a hit, bringing in $23.3 billion down 1.8% compared ...

Spaceship launches new managed fund

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... the adviser or corporate mandate channels. Its equities-heavy superannuation product topped recent Rainmaker analysis of MySuper products for members in their 20s, with 12.3% p.a. over three years ending June, and considering single-strategy products. ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... "We're especially pleased that the new legislation makes it crystal clear that it's illegal to hawk a member of a MySuper product into a choice product offered by the same fund. The complementary reforms announced in the Federal Budget to end ...