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Showing 51 - 60 of 172 results for %22MySuper Balanced%22

Mine Super refreshes investment options

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
... costs," Mine Super chief engagement officer Glenda Abraham wrote to members. In March 2021, the super fund slashed its MySuper administration fees by 50%, dropping to $52 per year from $104. That same month, Harry Mitchell left the top job as Vasyl Nair ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... Ethical Super, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Super's MySuper option, LUCRF Super's MySuper Balanced, Maritime Super MySuper, ANZ Smart Choice Super, Australian Catholic Superannuation and Retirement Fund's LifetimeOne ...

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... represents the first time the performance of this segment of the market has been exposed to such public scrutiny. The MySuper Heatmap, meanwhile, which was first published in 2019, has been expanded to include each product's assessment result received ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... surprises in regards to which funds failed, it was still some of the biggest news of the year. In all, APRA tested 76 MySuper products, of which 13 failed. The full list of failing funds was: AMG MySuper, ASGARD Employee MySuper, Australian Catholic ...

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
... and Carsales to assess thousands of products. To find Australia's top-performing super products, Rainmaker reviewed MySuper products and asset classes that include growth, balanced, moderate (capital stable), equities, property, bonds, cash and ESG ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... closed since the results were announced. This equates to just 4.2% of the total assets held in these products. Of the 76 MySuper products assessed by APRA, 13 of them failed. These products were AMG MySuper, ASGARD Employee MySuper, Australian Catholic ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... CFS had misled members on almost 13,000 regarding investment decisions, possibly deterring them from moving to a cheaper MySuper product. "The $20 million penalty handed down to Colonial is a timely reminder to superannuation trustees not to mislead ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... test. The fund was one of 13 to fail the Your Future, Your Super (YFYS) performance test based on the performance of their MySuper options. Tighe said EISS failed the test because halfway through the oversight period it changed its investment approach ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... fees across many of its options and making changes to the indirect cost ratios applied. For example, for the balanced MySuper option, the investment fee is increasing slightly from 0.58% to 0.60% while the ICR is being reduced marginally from 0.12% to ...

OnePath tops Fat Cat super fund list

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... the index fund with similar risk (after fees and taxes)." APRA's inaugural performance test revealed that AMG's MySuper option failed to meet its standards, together with offerings by EISS Super, BT Super and CFS.