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Search ResultsShowing 1 - 10 of 100+ results for "MySuper"
YFYS net must be cast wider: Cbus
ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... underperforming funds prior to implementing the rest of the measures. Arter explained that a Cbus member who had been in its MySuper product for the last 20 years, making the normal 9.5% super contributions would have a balance today of $377,000. "For ...
AustralianSuper subverts stapling logic
KARREN VERGARA  |  FRIDAY, 9 APR 2021
... executive Ian Silk shot down media speculation that the $203 billion super fund is advocating for a top 10 best-in-show MySuper list to be embedded in the pending Your Future Your Super bill. He told yesterday's Senate Economics Legislation Committee ...
Mercer calls for delay to super reforms
JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... period... three or four weeks... so we can think about how it would apply to a range of funds. Yes, we're concentrating on MySuper but this is going to apply across the whole industry." When asked how the lack of detail offered so far has impacted ...
Spirit Super drops fees after merger
KANIKA SOOD  |  THURSDAY, 1 APR 2021
... combined fund has about $23 billion in total assets and 326,000 members. In the lead up to the merger, Tasplan switched its MySuper product from lifecycle to single-strategy, and both funds raised their insurance premiums. MTAA increased its group insurance ...
MySuper fees could halve in 10 years
KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...
Unlisted assets deliver modest returns
KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
New research reveals that MySuper products with high weightings to unlisted assets provide modest returns but contribute lower volatility and higher autocorrelation. Rainmaker's latest RMetric report sought to find out if the performance of MySuper ...
LGIAsuper overhauls insurance, closes product
ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... all death, TPD and income protection premiums from 1 May 2021. Additionally, the industry fund said it will close its MySuper Lifecycle investment option and instead offer a single diversified investment option, MySuper. LGIA said the option will not ...
Chances of CBA admitting to Essential Super wrongdoing "non-existent"
JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... manufacture these products for it to sell," CBA's lawyer said. "Fast forward 12 years later when the government introduces MySuper legislation that creates simple super products, the very notion that some journal entries which washed out between ...
AMP Capital Ethical Leaders dropped by another super fund
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... $435 million in FUM. Mercy Super pulled its mandate from the fund on 15 February 2021, rolling member assets over to its MySuper Balanced option as an interim measure while the trustee searches for an appropriate manager. "In recent times, there has ...
Funds announce chief ahead of merger
ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... success for our people and our members. The funds said the merger is well underway, with a joint organisation and single MySuper product to take effect from 1 July 2021.
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