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Superannuation

Active Super rejigs MySuper

KANIKA SOOD  |  MONDAY, 9 AUG 2021
Active Super has changed the structure of its lifecycle MySuper product to derisk members slower than before, while also renaming two Choice options.

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms.

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
In final YFYS regulations released, last week, the government now wants super fund to be only tested on last year's administration fees instead of eight years' average in the APRA performance test.

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
The government yesterday registered the final regulations for Your Future, Your Super reforms.

Super fund member meetings under the spotlight

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Superannuation funds need to lift their game when it comes to annual member meetings as ASIC found that many should be giving members a better opportunity to have their voices heard.

Rest closes basic cash option

KANIKA SOOD  |  WEDNESDAY, 4 AUG 2021
The industry fund will close its basic cash option on August 13, as it sees returns dry up.

UK pension funds commit to manager diversity

JAMIE WILLIAMSON  |  WEDNESDAY, 4 AUG 2021
Some of the UK's biggest pension funds have committed to tackling the lack of diversity in funds management.

Lifecycle MySuper outperforms single strategy

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.

Retail fund tops MySuper tables for FY21

KANIKA SOOD  |  MONDAY, 2 AUG 2021
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.