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Showing 61 - 70 of 559 results for "MySuper product"

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
Total superannuation assets dropped 3.2% in the year to September 30 despite a 12% increase in contributions. APRA's latest statistics show $150.2 billion in contributions were made in the period, which is about 12% higher than the previous corresponding ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
Industry Super Australia (ISA) says the Your Future, Your Super performance test results show many poor performing super funds, particularly retail, have gamed the system, leaving members worse off. "Dud super funds manipulate fees and reclassify investment ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... complete or partial transfer of members. The regulator also flagged new requirements relating to the transfer of MySuper product assets, in the event of cancellation of an authority to offer a MySuper product. The discussion paper noted that RSE licensees ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... the development and launch. Three years later, Vanguard has today unveiled Vanguard Super SaveSmart, a lifecycle MySuper product and series of index-based diversified options and single sector options. The product has 36 cohorts, with the allocation ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009. For the 12 months to September end, the MySuper index returned -6.4%. It was dragged by the ...

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... target of 6.6% per annum. For comparison, over the same period, Rainmaker Information research said the median MySuper product returned 8%. Explaining the results, Costello said: "As was anticipated by the fund, the exceptional monetary and fiscal stimulus ...

NGS Super increases death, TPD premiums

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... superannuation." Meanwhile, the fund has also updated its estimated fees and costs for the year. It estimates the cost of its MySuper product will increase by $15 a year, up to $525. The cost of the high growth, balanced, indexed growth and defensive ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... new look as it expands its offering to include an investment portfolio service. Just last month, AMG Super's MySuper product was closed to new members. While it did fail the Your Future, Your Super performance test for the second year running, and ...