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Showing 1 - 10 of 12 results for "Balanced MySuper"

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... $12.3 billion in AUM and 67,000 members, signed a HOA with ART on June 27. It returned just 7.38% in FY23 for its Balanced MySuper option, well below the median performance of its peers. ART signed a Memorandum of Understanding with Alcoa Super in March. ...

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 ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... organisation." As 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 ...

Hostplus links returns to active approach

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... be the third lowest on record at -7.9%. Recently, AustralianSuper reported an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crises. More than 90% of the funds' members are invested ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... while over 10 years it's 7.9%. The predictions come as AustralianSuper reports an annual return of -2.73% for its Balanced MySuper option - its first negative return since the Global Financial Crisis. More than 90% of the fund's members are invested ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... fees 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 ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... has reported record inflows of $660 million for the financial year, telling Financial Standard that it's balanced MySuper offering returned 6.9% net of fees for the quarter. For the 2020 financial year, Australian Ethical's balanced option returned ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
A $6 billion superannuation fund has lowered fees for its balanced MySuper option. TWUSuper's default members will go from paying $808 per year in total fees to $758 per year for every $50,000 in balance, after changes that came into effect on 1 ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... will drop from 0.94% to 0.76% - a total cut of 0.16%. That's the highest fee cut across the options, with the balanced MySuper option getting a 0.12% cut, the stable option getting a 0.10% cut and the bonds option fees cut by 0.02%. Australian property ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... their Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation of their investment options to be drawn down as ...
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