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Showing 41 - 50 of 57 results for "Default MySuper"

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... could be diminished by $20,000 as a result of retail and bank-owned funds delaying the transition of members into default MySuper products. Research conducted by Rainmaker Information and commissioned by Industry Super Australia shows retail and bank-owned ...

Milliman awarded industry fund mandate

DARREN SNYDER  |  WEDNESDAY, 15 JUN 2016
Milliman's Managed Risk Strategy will be applied to an industry super fund's default MySuper option from 1 July in a move described as a turning point for superannuation. The $4.8 billion Maritime Super awarded Milliman the managed risk mandate that ...

Lifecycle funds startlingly varied

MARK SMITH  |  MONDAY, 25 JAN 2016
... their age and other permitted factors including balance, gender and time to retirement; are allowed to opt as the default MySuper option. The analysis found that life cycle funds represent around a third of all MySuper funds under management (which themselves ...

SelectingSuper awards super fund of the year

ALEX BURKE  |  WEDNESDAY, 18 NOV 2015
... Rainmaker's statement said "[reflects] its complete low-cost offering and strong, consistent performance across its default MySuper option, its diversified and asset specific investments as well as its sharply priced insurance cover." This is HOSTPLUS's ...

Beware 'apples with apples' super comparisons

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
... Information said APRA and other people critical of performance comparisons need to remind themselves what choosing a default MySuper product actually means. Rainmaker said some critics of performance comparisons use commentary about risk-adjusted returns ...

FSI response fans default super flames

MARK SMITH  |  WEDNESDAY, 21 OCT 2015
... outlined in the 2010 Cooper review. The FSC highlighted that a number of companies have very low fees in their default MySuper options, such as Bendigo MySuper at 0.65% and ANZ MySuper at 0.60%. "Consumers are not able to benefit from these competitive ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
... higher fees than industry funds, Loane argued that "a number of FSC member companies have very low fees in their default MySuper options." However, "these low cost MySuper options are prevented by legislation from competing with industry, corporate and ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
... asset allocation." Financial Services Council (FSC) chief executive Sally Loane welcomed the focus on fees among default MySuper products especially as some of the lowest cost MySuper products are retail products, a point reinforced by separate research ...

REI Super extends Ibbotson consultancy mandate

MARK SMITH  |  TUESDAY, 20 JAN 2015
... is part of the Morningstar Investment Management Group, provides advice and management for REI Super's low-cost default MySuper option as well as the fund's other investment options. "We value our relationship with REI Super, and we're very pleased to ...