How your pension fund undoes all your efforts to reduce emissions
While you’re doing your best to help avoid a global sauna for your kids by installing solar, your pension fund could be busily unwinding all your good work.
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While you’re doing your best to help avoid a global sauna for your kids by installing solar, your pension fund could be busily unwinding all your good work.
After returning -2.37% in its Core Strategy option for the 2022 financial year, the fourth negative return in its 34-year history, Rest has outlined what is next for the superannuation fund.
<p><span>ASIC today released the findings from its review of superannuation trustees’ communications with their members following the first annual performance test for MySuper products.</span></p>
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Print Despite tumultuous markets in 2020 brought by the COVID-19 pandemic, over 90% of balanced superannuation funds made a return during the year, with the top fund returning over 11%, according to data. FE Analytics data found, within the Australian Superannuation universe, Australian Catholic Super’s MySuper Balanced Option was the top balanced fund performer at 11.4% with the sector average of 2.7%, over the year to 31 December, 2020. This was followed by AMP SignatureSuper MySuper Macquarie Balanced Growth at 8.47%, AMP SignatureSuper Macquarie Balanced Growth at 8.04%, Australian ...