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Showing 531 - 540 of 1260 results for "MySuper"

LGIAsuper offloads European assets

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... highly diversified approach to investing has proven successful with members receiving 9.1% growth in LGIAsuper's default MySuper Lifecyle U75 investment option over 34 years to 30 June 2019 and 8.6% over the past 10 years," she said. She argued that ...

More MySuper accounts close than open: APRA

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
Latest data from APRA shows more MySuper accounts closed in the last financial year than were opened. According to APRA's annual MySuper statistics, about 2,151,403 new MySuper accounts were created in the 2018/19 financial year. However, about 2,189,859 ...

MLC Life loses super fund mandate

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... insurer for the fund as APRA made it compulsory for super funds to provide death and TPD insurance as a part of their MySuper offering. "We have had a strong relationship with the team at MLC Life Insurance, who have worked tirelessly to help us in supporting ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
... the retail segment will go under the knife. "The retail segment will be transformed as legacy products are converted to MySuper, giving proper scale," Rice Warner said. "Bravely, we assume the sector will still have 25% of assets in 15 years - but the ...

Industry fund general manager steps down

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... clear ratings in all categories of the APRA heat map. It is also the best performing superannuation fund on risk-adjusted MySuper returns, in the most recent Rainmaker RMetrics returns.

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
The prudential regulator has finally published its long-awaited heat map for MySuper products, with deputy chair Helen Rowell saying it's likely many in the industry will feel uncomfortable. APRA released the first iteration of its MySuper heat ...

BT Super announces new admin fees

ELIZABETH MCARTHUR  |  MONDAY, 9 DEC 2019
... cohort of members to be transferred is scheduled for February 2020. As for the fee changes, percentage admin fees for MySuper and BT Super choice customers will be reduced from 1 July 2020 from 0.45% to 0.28%. At the same time, the flat dollar fee will ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... adjustment to its fees. First State Super has made an 11 basis point cut to the investment fee in its balanced growth lifecycle MySuper strategy for employer sponsored members, dropping from 0.76% to 0.65% as of December 1. According to First State's ...

Industry funds dominate risk-adjusted MySuper returns

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... gauntlet to their counterparts, taking the top 10 positions in Rainmaker's most recent league tables for risk-adjusted MySuper returns. The latest edition of Rainmaker's RMetrics MySuper report has seen HESTA extend its lead in risk-adjusted MySuper ...