Page 2 - Ethical Super News Today

The super industry says plans for a nationalised fund could put Australian pensions at risk of becoming a "political plaything".

After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals.

Print Christian Super has announced fees reduction, effective 1 July, which will see a decrease of between five to 10 basis points for all the fund’s diversified options, but fees for the low-cost Ethical Index Shares and Ethical Cash options will remain unchanged.  The firm said it had reduced fees for the third time in two years as a part of its strategy to provide ‘’faith-aligned superannuation products and outcomes”.  The annual fees and costs for a Christian Super member with $50...

Top super funds target growth as best antidote to pandemic setbacks ‘Remarkably resilient’ funds that outperformed in the 2020 calendar year are aggressively seeking new opportunities as the economy continues to improve. Over February and March last year the median growth fund plummeted 12 per cent. Markets then rallied and growth funds surged 15.5 per cent over the remaining nine months of the year.  Simon Letch Save Share Leading super fund managers are repositioning for recovery...