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Showing 81 - 90 of 202 results for "MySuper option"

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
... lowest cost super funds in the country and that the administration fees will continue to be among the lowest for a MySuper option. According to analysis by Rainmaker Information, following the fee increase MIESF's MySuper option will be the 10 th lowest ...

AustralianSuper, LUCRF push ahead on merger

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
... remain focused on helping all members achieve their best financial position in retirement," Schroder said. LUCRF's MySuper option was among the 13 funds that failed the Your Future, Your Super performance test in August. The fund confirmed it was exploring ...

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
Choice products charge significantly higher and tend to underperform compared to MySuper options, new analysis by APRA finds. Ahead of unveiling the inaugural Choice Product Heatmap, the prudential regulator released staggering statistics that will ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals. Liberal MP Jason Falinski led the questioning ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... across many of its options and making changes to the indirect cost ratios applied. For example, for the balanced MySuper option, the investment fee is increasing slightly from 0.58% to 0.60% while the ICR is being reduced marginally from 0.12% to 0.11%. ...

Lifecycle now MySuper mainstream: Rainmaker

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up. This is one of Rainmaker Information's latest ...

OnePath tops Fat Cat super fund list

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... index fund with similar risk (after fees and taxes)." APRA's inaugural performance test revealed that AMG's MySuper option failed to meet its standards, together with offerings by EISS Super, BT Super and CFS.

EISS Super chief executive exits

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... industry in NSW and ensuring the funding position of the defined benefit fund was returned to surplus." The fund's MySuper option has underperformed the median option to July end over one, three, five, seven and 10-year periods. For example, its MySuper ...

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... comprised of 0.197% direct costs ratio and 0.93% indirect look-through investment costs. If a government sponsored MySuper option was administered by the Commonwealth Superannuation Corporation, which currently charges members $84 a year, total fees ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... portfolio, and changes to how we collect data," it said. The $12 billion industry fund raise annual fees on its MySuper option by 10bps, as it goes from charging 62bps in investment fees and 7bps in transaction costs per year to the new fee structure ...