SelectingSuper in Sydney, Australia | Financial service

SelectingSuper

Locality: Sydney, Australia

Phone: +61 1300 884 434

Address: Level 7, 55 Clarence Street 2000 Sydney, NSW, Australia

Website: http://www.selectingsuper.com.au

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25.01.2022 Superannuation Performance results for the months of June 2019 have been revealed. The top 3 performers net of fees throughout the month are: Tasplan Super Super - OnTrack Build returning 4.3% UniSuper - Balanced returning 4.3%... BT MySuper Lifestage 1970's returning 3.4% Find your fund:

24.01.2022 Super fees hit record lows Fees across all super fund types dropped to record lows last financial year, according to a recent study conducted by Rainmaker Information. The key finding of a review of 2720 products offered by 169 super funds, super fees came in at a total of $29.6 billion in 2019-20 - down 5% year on year. If we consider super assets as a share of gross domestic product, this converts to 1.6% of GDP.... You can read more of the findings here: bit.ly/3gMOfIG #superannuation #fees See more

24.01.2022 "Super funds becoming dominant shareholders means the impacted companies will have to get used to having larger, more interested investors" said Alex Dunnin, executive director of research at Rainmaker. Financial Review

24.01.2022 "If your superannuation is with AMP, chances are you've had your retirement leeched off to fund its executives' lifestyles". The fallout from the royal commission shows no signs of abating for AMP, which has been handed a CHOICE Shonky Award for the large number of idle super accounts and delayed life insurance.

24.01.2022 Superannuation fees fall for the first time in six years. "After ten years of the regulators failing to make considerable impacts on the super landscape, last year's Productivity Commission and Royal Commission have already started to prove their effectiveness". Super fund members in Australia are now paying 1.1% in fees on average. This has led to total superannuation fees being paid across the industry falling for the first time in six years, now only $32 billion.... Read More: http://bit.ly/2VUr5HH

23.01.2022 A fraud syndicate responsible for hacking into Australian superannuation accounts has been uncovered by the Australian Federal police. Speaking to 3AW Breakfast, Alex Dunnin head of research at Rainmaker urged members to check their accounts and superannuation funds to reassess security measures after more than $10 million was stolen.

23.01.2022 SelectingSuper is proud to once again host the MemberSelect Award. The award is an acknowledgement of the Superannuation fund that best addresses the needs of you, their members. The award recognises the effect the fund has in providing the highest levels of member service as well as in achieving returns on the investments of each of their members.... Voting for the MemberSelect Award closes on Friday, 25 October 2019.

22.01.2022 Australia's superannuation funds have dropped in the global ranking of the world's largest pension funds.

21.01.2022 Aussie super funds climb ranks Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis from Willis Towers Watson shows. The three highest ranked Australian funds on the list were AustralianSuper at 23rd, First State Super at 61st and QSuper Fund in at 67th.... https://www.financialstandard.com.au//aussie-super-funds-c See more

21.01.2022 Australia's best risk-adjusted superannuation options have been revealed by Rainmaker Information. Risk-adjusted returns are a measure of a funds ability to consistently deliver returns for their members whilst protecting their retirement savings. In the latest RMetrics report released by Rainmaker, Hostplus was found to have the highest 3 year returns, EISS Super had the most consistent returns and Club Plus Super had the fewest negative returns.... HESTA were found to offer the best risk-adjusted MySuper product, performing strongly across all three categories.

21.01.2022 Superannuation Performance results for the 12 months 31 May 2019 have been revealed. The top 3 performers net of fees are: Australian Ethical Super Employer - Balanced (accumulation) QSuper Fund Accumulation - Lifetime Aspire 1... Virgin Money Australia - LifeStage 1974-1978 See more

20.01.2022 Superannuation fund members are encouraged to take a look at their accounts before 1 July 2019, as a new law starting on this date requires super funds to report and pay inactive low-balance accounts to the Australian Tax Office (ATO). Where possible, the ATO will then proactively consolidate these inactive low balance accounts into a members active account, on their behalf.

19.01.2022 Australian ESG investments in a nutshell. Investments in ESG products are skyrocketing,up 37% in the last 12 months and outperforming other balanced products by 60 basis points in the past 12 months. Find out the best performing ESG providers here: http://bit.ly/2IIawtv

19.01.2022 You may be familiar with Kogan.com as Australia's largest online retailer, their mobile phone offerings or even their insurance. Today Kogan launched their latest superannuation product. Backed by Mercer, Kogan promises to deliver a "new no frills, ultra-low fee" offering that will disrupt the super industry. Alex Dunnin, head of research at Rainmaker Information said the strategic partnership between the two signals they are serious about delivering on their "razor sharp" competitive offering.

18.01.2022 Superannuation fee revenue has fallen for the first time in six years to $32 billion. Super funds are capitalising on their growth in assets under management to achieve greater economies of scale and reducing costs for their members. Head of superannuation research at Rainmaker Information Jason Ross explained " After ten years of the regulators failing to make considerable impacts on the super landscape, last year's Productivity Commission and Royal Commission have already started to prove their effectiveness".

18.01.2022 Are you interested in finding out how your super fund performs each month? Our performance newsletter runs you through how the average fund has performed, what investments stimulated the greatest returns as well as which were the top performing funds each month across MySuper, Personal and Retirement options. We also share with you some tips and stories to keep your savings goals on track.... You can sign up here: http://bit.ly/2KLhVuf

17.01.2022 Great opportunity to speak to so many payroll professionals and employers at today's Australian Payroll Association Conference in Sydney. Head of research at Rainmaker, Alex Dunnin presented on the essentials of superannuation as an employer - looking under the bonnet of how best to harness their default superannuation offerings. #APACON2019

16.01.2022 Annually, Aussies spend over $51 billion on Christmas presents. Leading into Christmas there are a few ways you can boost your super now so that you can leave yourself a present when your retire.

14.01.2022 Congratulations to all of the superannuation funds recognised as leaders for the investing efforts by the UNPRI. Special mention must also go to First State Super for taking out the ESG Incorporation Initiative of the Year Award. Amongst the 'Leaders Group' cohort were First State Super, Cbus Super, HESTA, Local Government Super, VicSuper and Vision Super.... Their recognition comes off the back of the news that HESTA has been recognised as the first carbon neutral super fund by the Federal Department of Environment and Energy.

13.01.2022 Australians rank among the most active ESG investors globally with over 140 Investment service providers signed onto the United Nations Principles of Responsible Investing Accord. Last week and in honour of #WorldEnvironmentDay Rainmaker Information conducted research into how Australian ESG products rank amongst standard balanced options. HESTA's Eco Pool, Australian Ethical Super's retail super fund (International Equities) and UniSuper's Sustainable high growth options were amongst some of the highest returning for the five years to April 2019.

12.01.2022 AustralianSuper has been named fund of the year, as one of three award wins at the 2019 #SelectingSuper Awards. Other notable winners include AvSuper taking out the MemberSelect Award for the third year running, HESTA winning Best Perfromance for an ESG product, ANZ Australia Smart Choice named the Best Super Fund for Young Members and TAL winning the Outstanding Mental Health and Wellbeing Initiative Awards, presented by our event partner SuperFriend. For a full list of winners and finalists, check out the Hall of Fame on the SelectingSuper website.

10.01.2022 Superannuation's most complained about super funds have been revealed. Analysis of recently published Australian Financial Complaints Authority data detailing the most complained about funds shows an even split between industry and retail funds. Of the eight months worth of complaints, about 47% relate to insurance within super while 50.4% relate to the fund itself the data reveals.

08.01.2022 The 2019 Rainmaker SelectingSuper Awards finalists have been announced! The SelectingSuper Awards recognise the best superannuation providers and leaders in Australia across an array of categories and asset classes. 45 finalists have been announced across 15 categories with a few more yet to be revealed.... The Awards will be hosted at a breakfast event in Melbourne on Thursday November 21. selectingsuper.com.au/awards

08.01.2022 One third of superannuation products have been recognised and awarded a AAA Quality rating in our latest industry assessment A total of 201 of Australia's leading superannuation products were recognised with 169 products retaining their AAA ratings. 32 new products received a AAA quality rating for the first time. Congratulations in particular to Australian Ethical Super, Commonwealth Superannuation Corporation, Fiducian Superannuation fund, Fire & Emergency Services Superan...nuation, South Australian Metropolitan Fire Service and Super SA Select for earning their first AAA ratings. View the full list here: bit.ly/3bSmdK7

06.01.2022 How does your super checklist stack up?

05.01.2022 The window to access your superannuation early has been pushed back to December 31, but is dipping into your nest egg early worth the temporary relief?

04.01.2022 You might not be able to get your hands on your super until you retire - which may be a long way off for some - but that doesn't mean you shouldn't pay close attention to what is happening to your savings now.

04.01.2022 Tasplan Super has topped the ranks for member satisfaction as it readies for a pending merger in October 2020. The recognition comes as industry superannuation funds dominate the top ten list of funds providing the highest level of member satisfaction. The Superannuation Satisfaction Report, hosted by Roy Morgan found that eight of the top ten funds were industry funds. Industry funds outperformed the retail cohort, seeing an overall rating of 65.1% compared to retail's 59....5%. Rounding out the top 5 were UniSuper, Cbus Super Fund, First State Super and HESTA.

03.01.2022 The Australian Financial Complaints Authority has revealed the breakdown of what was complained about between 3 March 2020 and 31 August 2020. Superannuation complaints were dwarfed by other industries with just 817 of the 7420 total. Travel insurance complaints made up the bulk, with 2610. There were 910 complaints about credit cards and 674 about home loans.

02.01.2022 Ahead of the State of Origin series kicking off tonight, the research team at Rainmaker have crunched the numbers. Assuming the performance of New South Wales' and Queensland's super funds have a correlation with their Rugby League team's performance, the Blues will be winning the series. Quite comfortably in fact ... #SOO NSW Blues

01.01.2022 COVID-19 will cost Australia's superannuation industry $3 trillion in foregone growth by 2040. Prior to the pandemic, Australia's superannuation savings were projected to climb to $10 trillion over the next two decades, but COVID-19 has seen this figure revised down to $7 trillion, according to Rainmaker Information. Read more: bit.ly/2CKY7EJ