Ethical Super News Today

Australian Ethical has reduced the dollar-based administration fee for all its super, transition to retirement and pension accounts, as well as the management fee on some of its funds.

The successor fund transfer was completed on November 25, adding 28,000 new members to Australian Ethical Super.

Top fund managers reveal how they are navigating some of the toughest markets in nearly 30 years.

With an 11.7% return for the year ending March 31, Hostplus Balanced option ranked first in Rainmakers latest super performance tables.

The not-for-profit fund will hand over its 30,000 members to the ASX-listed retail ethical fund manager.

The median return for the calendar year saw Aussie workers add 13.4 per cent to their retirement savings, with an annualised growth rate of 6.6 per cent since 2000. Here are the best funds on the market.

Minister for superannuation Jane Hume has lauded the governments YourSuper comparison tool as a success, with one million visits.

In another year of lockdowns and uncertainty, Financial Standards most read stories show all eyes were on the changing nature of the superannuation sector.

The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing the test.

AMG Super has launched a platform that coincides with unveiling a new superannuation product.