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Showing 71 - 80 of 363 results for "Administration Fee"

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
AvSuper has appointed a new group insurer and will increase premiums from next month, as it continues work to identify a merger partner. The $2.5 billion fund has awarded a group insurance mandate to AIA Australia. The fund's membership is currently ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
One of the 13 super funds to fail last year's performance test is going to halve its percentage-based administration fee, a move expected to cement it as one of the cheapest MySuper products on offer. AMG Super will reduce the percentage-based component ...

Allan Gray Australia reduces fees

CHLOE WALKER  |  FRIDAY, 4 FEB 2022
... structure is competitive at every price point. "So, as someone's balance grows over the long term, the administration fee remains competitive."

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
... account, income account and lifetime pension pool admin fees will be reduced from 0.16% to 0.15% per annum. The administration fee cap will also be reduced from $900 to $875 per annum on July 1. QSuper informed members that the merger will result in ...

Mine Super refreshes investment options

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
... returns. "In the past 12 months alone, we've enhanced our Lifecycle Investment Strategy, reduced our fixed administration fee for super members by 50% and reduced many of our investment fees and indirect costs," Mine Super chief engagement officer Glenda ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... its default insurance premiums. Other changes made over the years that were not reflected by the tool include administration fee and insurance premium increases in May 2021, premium increases in December 2020 and fee changes in September 2019. The fund's ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
The two industry superannuation funds will progress merging after signing a Successor Fund Transfer deed. The SFT, due to take place on 1 April 2022, will see Statewide Super transfer its members and investments to Hostplus, effectively creating a $85 ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so. The launch of an Expression of Interest process comes after AvSuper's MySuper ...