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Search ResultsShowing 61 - 70 of 100+ results for "MySuper"
Super contributions rise despite ERS
ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... superannuation assets totalled $2.9 trillion at the end of the June 2020 quarter, down 0.6% compared to June 2019. Total assets in MySuper products were $731.3 billion at the end of the June 2020 quarter; this is also down 3.3% compared to the same period ...
MySuper portfolio winners, losers revealed
ALLY SELBY  |  TUESDAY, 18 AUG 2020
In a survey of 40 MySuper strategies and products, an $80 billion super fund has outperformed its peers to return 7% per annum in the three years to June. According to Rainmaker's June 2020 RiskMetrics report, UniSuper achieved the highest three-year ...
HESTA consolidates investment options
JAMIE WILLIAMSON  |  WEDNESDAY, 12 AUG 2020
... super to taking an income stream as you approach or reach retirement," HESTA said. Other name changes include renaming the MySuper investment option Balanced Growth as opposed to Core Pool and changing Conservative Pool to simply Conservative. The Eco ...
New platform launches for super funds
ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... raft of increasingly vocal super stakeholders including members, politicians and regulators, with APRA's controversial MySuper Product Heatmap a prime example. "APRA is using the Heatmap to highlight funds that they believe are either delivering poor ...
MySuper returns negative
ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
Default MySuper products delivered negative returns in the 2019/2020 financial year, but the results weren't as bad as they could have been. According to the Rainmaker MySuper investment performance index, MySuper products delivered an average return ...
Super to lose $3tn by 2040
JAMIE WILLIAMSON  |  FRIDAY, 24 JUL 2020
... the next six months after the government's announcement yesterday that the scheme has been extended to December 31. MySuper products are also expected to demonstrate an average return of -0.7% for last financial year - the lowest returns since the ...
Super fund COVID-19 requirements to remain
ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... notional principal of the foreign exchange program and report the unrealised gains or losses. In addition, if a fund's MySuper product has assets managed by an external fund manager under mandates, the full value of the product needs to be put in ...
Super to tip into negative cash flows: Research
ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
... funds going cash flow negative does not mean that members lose money. Rainmaker expects super fund returns in default MySuper options to remain relatively buoyant despite taking a hit from the pandemic.
Australian Ethical posts record results
ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... has reported record inflows of $660 million for the financial year, telling Financial Standard that it's balanced MySuper offering returned 6.9% net of fees for the quarter. For the 2020 financial year, Australian Ethical's balanced option returned ...
Research slams ADL definition
ELIZABETH MCARTHUR  |  MONDAY, 13 JUL 2020
... Consumers Australia referred to this as discrimination against those working limited hours. Suncorp's insurance in its MySuper product was highlighted as one of the most restrictive, requiring a person to be employed for 15 or more hours per week "on ...
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