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Showing 491 - 500 of 1263 results for "MySuper"

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
... amend trust deeds in relation to mergers, rather than abandon the idea completely. However, transfers of members between MySuper produces will, in almost all cases, satisfy the equivalency test given MySuper products are legally required to have the ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... markets were sent into meltdown in response to the pandemic. This however compares to an 11% fall in the SelectingSuper MySuper and Default performance index over the same period. Barely inches from touching the $3 trillion mark in December, the super ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... Right lane's arguments seem fair enough and are hard to argue against, though pointed out the firm appeared to focus on MySuper, thus tilting it toward not-for-profit funds. "It's hard to have a serious debate about efficiency in the superannuation ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... Putting Members Interests First (PMIF) legislation. Earlier this month, Perpetual delayed a successor fund transfer of its MySuper product to CareSuper citing market uncertainty and volatility from COVID-19. It did not provide a new date at the time. ...

Ignorance isn't bliss in super: Research

ALLY SELBY  |  MONDAY, 25 MAY 2020
... one-size-fits-many approaches to investing that might look sensible on average, but in the real world, nobody is average. "While MySuper has helped nudge people into higher growth default options, the contributions of a 25-year-old entering the workforce ...

MySuper bounces back

HARRISON WORLEY  |  TUESDAY, 5 MAY 2020
... fallout from the COVID-19 pandemic has demolished the return expectations of investors for the year, new analysis shows MySuper products have managed to turn things around. Latest Rainmaker research shows MySuper products offered by not-for-profit funds ...

Super fund delays successor fund transfer

KANIKA SOOD  |  TUESDAY, 5 MAY 2020
A retail superannuation fund has postponed its MySuper transition to a $16.5 billion industry fund citing market uncertainty and volatility arising from COVID-19. Perpetual's MySuper product was to transition to CareSuper effective around May 1 ...

AMP hangs on to AFLPA mandate

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... AMP's insurance offer, competitive investment management fees and insurance premiums, investment performance, diversified MySuper portfolios, and AMP's comprehensive financial wellness and education programs, were all identified by the AFLPA as reasons ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
Rainmaker's latest MySuper benchmarking report has seen industry funds on top for market share and performance as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... assets, amid recent industry discussions over how they should be most appropriately categorised. "Since the inception of MySuper (and indeed our merger back then between Statewide and Local Super) we've always classified unlisted property and unlisted ...