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Showing 461 - 470 of 1260 results for "MySuper"

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
... Commission. The Royal Commission formed the view that NULIS' decisions in regards to moving certain groups of members into MySuper products, grandfathering certain fee arrangements and the charging of fees to members for services that were not provided ...

Australian Ethical benefits from seismic cultural shift

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... delivered for our customers this financial year." Despite a year of unprecedented volatility, Australian Ethical saw its MySuper Balanced option come in as one of the top three performing MySuper products over the FY20 - and it was also one of only 15 ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... superannuation assets totalled $2.9 trillion at the end of the June 2020 quarter, down 0.6% compared to June 2019. Total assets in MySuper products were $731.3 billion at the end of the June 2020 quarter; this is also down 3.3% compared to the same period ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
In a survey of 40 MySuper strategies and products, an $80 billion super fund has outperformed its peers to return 7% per annum in the three years to June. According to Rainmaker's June 2020 RiskMetrics report, UniSuper achieved the highest three-year ...

HESTA consolidates investment options

JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... super to taking an income stream as you approach or reach retirement," HESTA said. Other name changes include renaming the MySuper investment option Balanced Growth as opposed to Core Pool and changing Conservative Pool to simply Conservative. The Eco ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... raft of increasingly vocal super stakeholders including members, politicians and regulators, with APRA's controversial MySuper Product Heatmap a prime example. "APRA is using the Heatmap to highlight funds that they believe are either delivering poor ...

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Default MySuper products delivered negative returns in the 2019/2020 financial year, but the results weren't as bad as they could have been. According to the Rainmaker MySuper investment performance index, MySuper products delivered an average return ...

Super to lose $3tn by 2040

JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... the next six months after the government's announcement yesterday that the scheme has been extended to December 31. MySuper products are also expected to demonstrate an average return of -0.7% for last financial year - the lowest returns since the ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... notional principal of the foreign exchange program and report the unrealised gains or losses. In addition, if a fund's MySuper product has assets managed by an external fund manager under mandates, the full value of the product needs to be put in ...

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.