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Showing 61 - 70 of 207 results for "MySuper option"

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... Meanwhile, income stream members will pay $26 plus 0.17% of their account balance. The reduction came as the fund's MySuper option was highlighted by the annual APRA heatmaps for its high total fees. The total fees disclosed on a $50,000 account balance ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... underperforming products. Products that received a significantly poor performance rating were EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential Super ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... Super's net cash flow ratio (3-year average) is -2.49%. Meanwhile, APRA heatmaps showed that the TWUSUPER balanced MySuper option had an eight-year net investment return of 6.61%. The product's administration fees were also listed as being hi ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... shows there are six products that had significantly poor performance in relation to the benchmark. EISS Super's MySuper option, Colonial First State FirstChoice Employer Super, BT Super MySuper, Westpac Group Plan MySuper, Commonwealth Essential ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... Diversa will hand Raiz Invest Super over to Equity Trustees Superannuation, the trustee of AMG Super. AMG Super's MySuper option failed the performance test earlier this year, but AMG Super had already made the decision to close it and move away ...

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
... holds the largest allocation of Origin Energy, according to Rainmaker Information, with $835 million FUM in its MySuper option. Hostplus holds $130 million in its MySuper option and Rest holds $119 million. Rounding out the top 10 super funds with Origin ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... products and great service," AMG Super said. According to Rainmaker Information, in the year to July end AMG's MySuper option ranked 50 th, returning -5.1%. The median return for the same period was -2.0%. Over three years it ranks 47 th with a return ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... reduction of around 25% off standard fees, more investment choice and broader members services." Last year, BT's MySuper option failed alongside ASGARD Employee MySuper, which was also a BT product. Following that, BT merged the ASGARD product into ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... previously reported by Financial Standard, AustralianSuper reported an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. Meanwhile, according to Rainmaker Information data, AustralianSuper's ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... Funds since 2017. Rainmaker Information data shows that, in the 12 months to June 30, Lutheran Super's default MySuper option returned -1.8%, ranking sixth overall. Over three years it ranks eighth on 5.3% and over five years it's returned 6.4% ...