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Showing 1 - 10 of 23 results for "MySuper fees"

Super fees continue to fall: Rainmaker

ANGELIQUE MINAS | WEDNESDAY, 29 OCT 2025

... personal and retirement products. MySuper maintains its position as the most fee-competitive segment. On average, MySuper fees fell by 0.07% per annum to 0.87%, marking the seventh consecutive year of fee reduction. Not-for-profit MySuper products recorded ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA | WEDNESDAY, 9 JUL 2025

... demonstrates that our members continue to reap the benefits of the mergers through strong returns and among the lowest MySuper fees in the industry,'' Farrar said.

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN | THURSDAY, 18 JUL 2024

... pa return over the past seven years and continues to be one of the top three industry funds nationally for lowest MySuper fees, Brighter Super said. The super fund's pension options also performed strongly, with the Growth option returning 13.44%, the ...

Super fund fees now at record low: Data

ANDREW MCKEAN | TUESDAY, 14 NOV 2023

... competitive average fees of 1% per annum as of June 30. Rainmaker Information research manager Pooja Antil highlighted that MySuper fees fell from 1.05% to 1.00% over the year to June 2023, a significant reduction. "This is the biggest fall in the MySuper ...

AustralianSuper increases investment fees

ANDREW MCKEAN | THURSDAY, 25 AUG 2022

... directly compared to the MySuper options of similar large funds, Australian Retirement Trust's QSuper product has MySuper fees of 0.85%, or $425 per annum on a $50,000 balance. UniSuper also has much lower fees of 0.64%, or $321 per year. However ...

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON | FRIDAY, 13 MAY 2022

... 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 ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON | THURSDAY, 9 DEC 2021

... funds that raised fees, 90% of these involved investment fees going up." Previous research by Rainmaker shows default MySuper fees have dropped to an average of 1%. In the last decade, super fees have fallen by a quarter, with about half of the action ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON | WEDNESDAY, 20 OCT 2021

New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON | TUESDAY, 19 OCT 2021

... the administration fees on FCES to 30bps and a flat fee of $10 per year for administration. It says it has reduced MySuper fees by $24 million since November 2020. CES took out the first spot in Rainmaker Information's top 50 workplace super performance ...

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 ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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