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Showing 1 - 10 of 1818 results for "Default"

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
Brighter Super announced double-digit returns in its Balanced and Growth accumulation options and 9.07% for its default MySuper option. The Balanced accumulation option returned 10.57% and the Growth accumulation option delivered 11.91%, for the year ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... income, not just savings when they stop working. They would be mandated to offer one or multiple solutions, including default investment options, to their members. "This will improve outcomes for savers and is likely to lead to more funds being invested ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

AMP snares retirement expert

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
... and APRA and industry research in the related areas. She is also one of the lead authors that developed the Members' Default Utility Function, an open-architecture metric to assist the industry to design retirement outcome solutions which subsequently ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... delivered 7%, and the MySuper Conservative option returned 4.9%. At the same time as it updated the age limits for its default option, it introduced a new High Growth option. In the nine months since its inception, it has delivered 12.2%, which TelstraSuper ...

AustralianSuper reports 'solid return', lags rivals

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
AustralianSuper's default balanced investment option, where over 90% of its members are invested, reported an 8.46% return for the last financial year. That option has an average annual return of 8.72% over 15 years. Meanwhile, the $335 billion super ...

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

Aware Super delivers 11.02% to default members

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Aware Super's default High Growth investment option returned 11.02% for FY24, home to about 70% of its membership. The High Growth accumulation option - a lifecycle product - is Aware's default offering and has more than 750,000 of its 1.1 million members ...

Brighter Super launches Retire Easy Pension

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2024
... target and does not provide any guarantee that your super will last the rest of your life," Brighter Super noted. The default arrangement, which gives members more flexibility and control over investments, will continue to be the fund's existing ...
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