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Showing 1 - 10 of 37 results for "MySuper offering"

ART reduces admin fees for high balance accounts

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Australian Retirement Trust (ART) will be reducing the maximum account balance for the percentage administration fee from $800,000 to $500,000. Currently, the percentage fee applies to the first $800,000 of member account balances in each Super Savings ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
Australian Retirement Trust (ART) has announced a range of changes to its investment strategy and options. ART chief of retirement, Kathy Vincent, said the fund engaged its members, advisers and employers to co-design the new investment menu. "When ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... This year, 97 products underperformed the Your Future, Your Super test, including 96 Choice products and one MySuper offering. Collectively, the failed options hold about $4 billion in retirement savings on behalf of about 60,000 members. SCA director ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... members." In a statement following the release of the performance test results today, Acclaim noted that the MySuper offering accounts for just 10% of its total portfolio. "We are working closely with Equity Trustees to ensure members invested in the ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... time as several other changes being made to the VicSuper offering. For example, the fund is changing its default MySuper offering from a single growth investment option to a lifecycle product. It will be based around three key life stages: Grow, Manage ...

Brighter Super simplifies investment menu

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
... International Shares and Cash Enhanced options will remain. These changes follow the fund already aligning its MySuper offering and introducing a Socially Responsible and an Indexed Balanced option. It's just the latest step in the integration process ...

Russell launches new super product

ELIZABETH MCARTHUR  |  TUESDAY, 27 OCT 2020
Russell Investments has launched a new personalised super product, replacing its MySuper offering as it eyes mandates from other funds. The new offering is called GoalTracker and Russell says it is the first personalised superannuation product to launch ...

MySuper portfolio winners, losers revealed

ALLY SELBY  |  TUESDAY, 18 AUG 2020
... over the period, WA Super achieved the highest risk-adjusted return and also had the lowest volatility of any MySuper offering. WA Super returned 5.6% per annum, and was ranked first for the Sharpe ratio (returns per unit of risk), third for the Sortino ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... reported record inflows of $660 million for the financial year, telling Financial Standard that it's balanced MySuper offering returned 6.9% net of fees for the quarter. For the 2020 financial year, Australian Ethical's balanced option returned ...

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
APRA analysis shows a significant proportion of MySuper members have been spared more than $100 million in fees in the last six months thanks to the introduction of its heatmap. Updating its MySuper heatmap to reflect changes in the fees charged, APRA ...
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