Mine Super refreshes investment options
The $11.2 billion superannuation fund Mine Super announced a suite of changes to its investment menu, which includes offering two new options to members.
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The $11.2 billion superannuation fund Mine Super announced a suite of changes to its investment menu, which includes offering two new options to members.
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal.
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.
Mine Super has named its new chief executive following the departure of Harry Mitchell in March this year.
Mine Super, the $9.2 billion fund for Australia's mining sector, elevated interim CEO Vasyl Nair to permanent group CEO.