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Showing 41 - 50 of 207 results for "MySuper option"

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
Brighter Super is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options. Following a review of its investment options ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... amassed $1 billion in funds under management in just over 12 months, while delivering the best-performing Lifecycle MySuper option of 2023 and quietly rolling out a retirement offering at half the cost of the incumbents'. Speaking with Financial ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... Honeywell comprising 1.21% of the total. An $8.5 million holding in Lockheed Martin made up 0.74%. Equip Super's MySuper option, for example, had as much as $2.5 million in Honeywell, $1 million in Lockheed and as little as $60,000 in Elbit. Australian ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
... mixed. Its first full-year returns in FY21 show the Enhanced Indexed Growth option achieved 17.90% when the median MySuper option returned 18.8%. However, it didn't fare quite as well in FY22 - where median MySuper returns came in around -3%, Kogan's ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...

Meat industry super fund rebrands

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... Super has about 65,000 and more than $3 billion in funds under management. According to APRA's FY23 statistics, its MySuper option made a net return of 11.2% in the last financial year. Its Shares Option (formerly High Growth) failed the latest performance ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... 10% of its total portfolio. "We are working closely with Equity Trustees to ensure members invested in the AMG MySuper option receive the best outcome following the termination of the option," it added.

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
Of the 97 products to fail this year's superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees. Released this morning, the 2023 performance test marks the first time trustee-directed ...

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... for this transition, including organising the transfer of the defined benefits accounts to ART. AvSuper's Growth MySuper option returned 11.4% in the last financial year. "In a year of continuing market volatility, we achieved improved performance across ...