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Showing 1 - 10 of 100+ results for "MySuper"

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... 10 years to the end of 2021, the ABS eight city house index increased only 6% pa, but in savage contrast, the Rainmaker MySuper index climbed 50% faster. Over this 10-year period, an investment in the ASX would also have performed better than housing ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... The fund is reducing investment fees and costs across almost all its options. For example, the investment fees for its MySuper fees will drop by 27.5%. The largest decrease will be seen on its Australian shares with a reduction of 39.13% while the Stable ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
... interests of members," Squires said. The fund has conducted a baseline measurement of the carbon intensity in the Diversified (MySuper) investment option in which more than 70% of the membership is invested and has conducted scenario analysis to plan ...

GuildSuper overhauls MyMix option

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... within its MyMix product. Members will then be able to select from growth, balanced and secure options, in addition to the MySuper Lifestage option, the fund said. Members who don't select a new option will automatically be transferred to another, similar ...

Hostplus tops super ranks to March

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
... Rounding out the top five is Australian Catholic and Retirement Fund, returning 10.1%, and TelstraSuper Corporate Plus - MySuper Growth with 9.8%. At the bottom of the table was Australian Ethical Super Employer - Balanced (Accumulation) returning 5.8% ...

LGIAsuper reduces fees, adds indexed option

JAMIE WILLIAMSON  |  MONDAY, 2 MAY 2022
... prepares to expand its menu, LGIAsuper has reduced fees across most of its investment options, including by more than 30% for MySuper members. Effective March 31, the total of investment and administration fees have been reduced across LGIAsuper's MySuper ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... transferred to OneSuper in 2020 when it merged with industry fund LESF Super; GROW Super is a white label of the LESF MySuper option. At the outset, the investment function was outsourced to Dimensional Fund Advisors. Members may now have their account ...

End choice dashboard delay: AIST

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... and target returns and fees across the thousands of choice super products in the market. Scheerlinck added trustees of MySuper default funds had been required to provide dashboards since 2013 but, due to continued deferrals by the government, funds with ...

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
... opportunity to deliver additional scale benefits and continued strong long-term net performance for members." LUCRF Super's MySuper option was among the 13 products that failed the inaugural Your Future, Your Super performance test last year. At ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper products, and left them in accounts with unnecessarily high fees, bearing the cost of commissions to financial planners, and ...
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