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Search ResultsShowing 1 - 10 of 100+ results for "MySuper"
Super fund overhauls performance on red rating
KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... superannuation fund is turning its performance around. Mine Super initiated several strategic investment changes to its MySuper products, which are now delivering better performance and member outcomes, according to its investments lead. These included ...
NZ Super Fund posts positive result
ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
Despite delivering single digit returns, the NZ Super Fund managed to outperform the average returns of Australian MySuper products and the Future Fund. The $44.8 billion fund recorded a return of 1.73% for the year ending June 30 underperforming its ...
Industry fund hikes premiums
JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
... will soon see their insurance premiums rise by as much as 43% from October. From October 1, members of Intrust Super's MySuper option will pay more for both life cover and life and TPD cover. For those members that hold both life and TPD protection ...
MySuper products show resilience
KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
August marked the fifth consecutive month of positive returns for MySuper products since the COVID-19 pandemic hit, recovering 70% of losses, new Rainmaker analysis shows. Last month generated a positive performance of about 1.7% for superannuation ...
Super fund expands investment exclusions
ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... in the asset classes of property and infrastructure has been updated to align with the APRA Information Paper Heatmap - MySuper products"released in November 2019 Finally, from 1 October 2020, information about HESTA's foreign currency hedge strategy ...
Industry funds triumph July performance
ANNABELLE DICKSON  |  WEDNESDAY, 2 SEP 2020
... performance over three years, returning 7.1% followed by AustralianSuper at 6.8%. In the personal category over five years Cbus' MySuper option came in equal first with AustralianSuper at 6.7%, followed by UniSuper at 6.6%. The funds didn't fare as well ...
APRA reviews priorities in super
KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... thematic review on outsourcing. Before 1 January 2022, the prudential regulator wants to publish enhanced versions of the MySuper, insurance and choice heatmaps. At the end of the 2022 financial year, it aims to: finalise strengthening prudential standards ...
APRA expands super data collection
ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... will be expanding the reporting of asset allocation data to choice products and options, and collecting more consistent MySuper data to provide a more complete picture of super investments at the investment option level. APRA added that it is now seeking ...
APRA issues new licence conditions on NULIS
ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
... Commission. The Royal Commission formed the view that NULIS' decisions in regards to moving certain groups of members into MySuper products, grandfathering certain fee arrangements and the charging of fees to members for services that were not provided ...
Australian Ethical benefits from seismic cultural shift
ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... delivered for our customers this financial year." Despite a year of unprecedented volatility, Australian Ethical saw its MySuper Balanced option come in as one of the top three performing MySuper products over the FY20 - and it was also one of only 15 ...
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