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Showing 1 - 10 of 22 results for "MySuper assets"

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
MySuper assets have reached a new high of $964.5 billion thanks to the mandatory increase in superannuation contributions and market recovery. The year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 ...

MySuper products show resilience

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
... a rolling 12-month period, the index registered gains of about 0.8% p.a., up from -1.6%p.a. at the end of July. MySuper assets lost 13% of its value over Feb and March. But between April to August, it earned 9%. It is currently down 4% from its January ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... funds. Just one retail fund made the top 10 - Smartsave MySuper which returned 9% per annum over three years. Total MySuper assets topped $800 billion at the end of 2019. Not for profit funds control 84% of that and within the not for profit sector industry ...

Index investment soars: Research

ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
... Superannuation assets grew by 7.1% over the same period to account for $2.9 trillion in total funds under management. MySuper assets grew by 12.2%, significantly faster than the overall super market. Lifecycle MySuper assets grew 15% while single strategy ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... $746.6 billion. MySuper is growing 60% faster than the broader superannuation sector, Rainmaker said. Lifecycle MySuper assets, which currently account for 40% of all MySuper assets, grew 4% in the quarter mainly due to MLC MySuper moving from a single ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... MySuper continued to grow at a faster rate than other segments of superannuation, comprising 25% of the asset pool. MySuper assets grew 13.6% to $675.6 billion over the period. Australia's total retirement savings reached a record high of $2.7 trilli ...

Super assets hit new record

STEPHEN FAY, DARREN SNYDER, KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... APRA data shows. MySuper continued to grow at a faster rate than other segments to make up 25% of the asset pool. MySuper assets grew 13.6% to $675.6 billion over the period. Other APRA-regulated funds (that is, non-MySuper funds and non-SMSFs) grew ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
... Australia's $2.6 trillion super system - and it's growing fast. Latest Rainmaker analysis of APRA data shows MySuper assets amounted to $642 billion as at 31 March 2018, growing 16% in 12 months. It's twice as fast as the 7% growth rate for ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
... in lifecycle retirement products, following at the heels of similar moves in the US and UK. About 35% of total MySuper assets are currently held in lifecycle strategies, according to Rainmaker research. About 26% of MySuper products offer lifecycle investment ...

Retail MySuper outpacing NFP products

KARREN VERGARA  |  FRIDAY, 8 DEC 2017
... not-for-profit (NFP) products in the year to September, Rainmaker's latest MySuper report shows. The pool of retail MySuper assets grew 24% year-on-year to $610 billion, while NFP assets increased by 16%. About 63% of retail assets are held within bank-owned ...
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