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Showing 681 - 690 of 1260 results for "MySuper"

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
The SMSF sector, which has traditionally shied from growth assets, underperformed default MySuper investment strategies by 1.2 percentage points in the 12 months to April 2018. The average SMSF returned 6.6% before fees and tax, while the average default ...

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
Queensland's recent State of Origin rugby league dominance over New South Wales is mirrored in MySuper performance, Rainmaker's latest superannuation analysis shows. Over one, three and five years, more Queensland-based MySuper products have ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... announced to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth ...

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
... performance in both the default and choice super segments. "About 1.7 million member accounts and $62 billion in assets are in MySuper products that underperformed conservative benchmarks over the 10 years to 2017," the report said. "This suggests that ...

GROW Super seeks RSE licence

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... these new products on behalf of about 46,000 members, paying an average fee of 1.48% or about 50% higher than the average MySuper product. While some are still little more than a website and a waiting list, those which have launched impress many - incumbent ...

Agriculture investment under parliament microscope

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
... corporate advisory firm BDO and The University of Queensland released a report which uncovered significant reasons why MySuper products had failed to invest above 0.3% of collective assets under management in agriculture. The BDO report highlighted agricultural ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
... uptick in lifecycle retirement products, following at the heels of similar moves in the US and UK. About 35% of total MySuper assets are currently held in lifecycle strategies, according to Rainmaker research. About 26% of MySuper products offer lifecycle ...

Former industry fund CEO moves to AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... fund also appointed a new chair in September 2017. The fund was also a nominee for the 2017 SelectingSuper Awards in the MySuper Lifestage category.

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
... NAB plans to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth operations ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... Reference Index, SMSFs generated a 5.5% return (before fees and tax) - well below the returns for members invested in MySuper products. The SG360 Default Index, which is based on MySuper returns, achieved 9.6%. This lower performance by SMSFs is the ...