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Showing 641 - 650 of 1260 results for "MySuper"

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
... exclusions had been applied across the majority of its internally managed funds - including its $21 billion asset rich MySuper funds from October 1. The remaining funds will get the same treatment "over time." BT head of customer governance and sustainability ...

Cbus invests in UK infrastructure

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
... investment in Australia and with this partnership we now hold stakes in ports from Sydney to Edinburgh." Cbus' workplace MySuper option has delivered 11.9% in year ending August 31, according to SelectingSuper. Over a three-year period, the fund ...

Industry fund members more satisfied

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper are missing out on $52.5 billion over a 10-year period. For low-income workers ($30,000), the difference in retirement balance ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... minimum coverage requirements, key definitions, and key exclusions should be prescribed for group life policies offered to MySuper members. As seen in the AMP case study, should RSEs be obliged to ensure that their members are defaulted to statistically ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Latest research shows MySuper members are $50,000 better off at retirement compared to those invested in choice products. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
The self-managed super fund sector outperformed MySuper returns for the third consecutive month, latest SuperGuard 360 data shows. SMSF performance, as represented by the SG360 SMSF Reference Index, delivered 10.5% per annum (before fees and tax) in ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... address the issue of negative returns and affected customers are being compensated for lost earnings. Fees on flagship MySuper products have also been cut. In a brief statement, CBA said it is aware of the potential class action but it had not been served ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... choose their own product, it said. Members won't be forced to pick from the shortlist, but have access to the full set of MySuper products and "nudged" towards good products. Every four years, the expert panel would assess the funds are achieving the ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... many years now," Scheerlinck said. "We are relieved to see some common sense finally coming to the discourse." As for MySuper, there is no place for retail funds in this space when members in a compulsory system expect the highest level of protection ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... had breached section 29WA of the SIS Act by not transitioning members properly to either a choice investment option or MySuper product on 21 February 2014. APRA reiterated its position "is and has always been" that CFS breached section 29WA and must ...