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Showing 71 - 80 of 133 results for "Mercer Super"

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members in Mercer SmartPath will see admin fees reduce from 0.55% ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... Rainmaker looked at 13 mergers involving 22 super funds; 11 traditional mergers, the integration of Virgin Super and Mercer Super Trust, and the joint venture between Catholic Super and Equipsuper. Rainmaker found that in all 11 of the traditional mergers ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... financial year to the second half. Kogan describes its super product as "in partnership" with Mercer - the fund is a Mercer Super Trust and Mercer Superannuation is the trustee. It also sells its super offering as having very low fees. It has a 0.24% ...

Most complained about super funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
... 100,000 members. This was followed by Mercy Super, State Super Financial Services Australia (known as StatePlus), Mercer Super Trust and Media Super. AMP comes in at sixth, while the rest of the top 10 includes Suncorp Super, Zurich, Qantas Super and ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... to 48% and now that number now sits at 93%. Australian Ethical, AustralianSuper, First State Super, Macquarie and Mercer Super Trust self-reported they had more than five dedicated responsible investment professionals. BT Superannuation, Catholic Super ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
... disablement (TPD) and income protection (IP) cover. The fund is managed by Mercer and operates as a sub-plan of the Mercer Super Trust. It had about $670 million in assets under management in June. Virgin has also informed its members that premium rates ...

MLC Wealth adds to leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2019
... senior roles at ING Australia and Tower Australia. He currently oversees Mercer's products and platforms for Mercer Super Trust, Mercer Portfolio Service and third-party administration for corporate super funds. The appointment sees eight roles of ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... can substantially cut annual fees for account holders." Kogan Super is assembled under the retail division of the Mercer Super Trust. Mercer provides superannuation administration, investment management and consulting services to the super fund. Rainmaker ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...