Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

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

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
Hostplus remained the best performing single-strategy MySuper option in the year ending April, as superannuation's rebound continued. The Rainmaker MySuper Index returned 18.7% in the 12 months to April. The month's returns were 70bps lower ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... regulator's Default insurance in superannuation report shows. ASIC's review of the group insurance market found that two MySuper members will receive different covers at varying prices. For example, a 30-year-old woman's total premium varied ...

UniSuper names next chief executive

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... one of Australia's top superannuation funds." Chun joins the fund at a time when it is among the t op-performers on MySuper league tables , but its membership base faces challenges from bans on arrivals of international students. Earlier this month ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... APRA said in releasing the quarterly figures, attributing the growth to strong investment performance. Total assets in MySuper products reached $850 billion, rising 19.3% year on year. Industry funds' assets stood at $857.6 billion, also up nearly 20%. ...

BUSSQ extends Link contract

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... Trevor Govender as executive manager, operations, product and finance. The super fund was also the third top performer in MySuper for December end when risk adjusted returns were considered.

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... 33-year-old Intrust has about 96,000 members, and 30,000 employers in the hospitality, clubs, tourism and retail sectors. Its MySuper product returned 6.7% p.a. in the three years and 8.29% p.a. in the 10 years ending April 30. Hostplus and Intrust's ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... sustainable over the long term," Rowell said. Rowell pointed out the improvements in superannuation including introduction of MySuper and reduction in multiple accounts. But called out things that needed to improve including current directors with 20-year ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... all funds to look at their fees and their costs," she said. According to Rainmaker research, in 2019/20 about half of MySuper products lowered their total fees. So far, this financial year about 40% of funds have continued to lower fees, including funds ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... priority. The Royal Commission formed the view that NULIS' decisions in regard 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 ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Retail superannuation funds, with the exception of one industry fund, led MySuper performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed ...
PREVIOUS
NEXT