MySuper product

Investment Strategy

Sunsuper plans MySuper innovation

Sunsuper has pledged to create niche cohort strategies alongside its initial lifestyle MySuper product, which has gone live with 900,000 members and $16 billion of assets. Members most affected by the launch on October 4 are those aged over 55, who hold over 90,000 accounts which have begun the transition into less risky assets than […]
Hedge Funds

Sunsuper’s lifecycle derisking strategy

Sunsuper will launch its MySuper product on October 5, introducing a lifecycle derisking strategy for the 55-to-65-year-old age bracket. The product was designed based on feedback from its members, who said that they wanted their investment risk wound slowly down as they approach retirement. Andrew Nicholson, general manager of product at Sunsuper, said: “We tested […]
Policy and Regulation

APRA releases draft-reporting requirements

The Australian Prudential Regulation Authority has released a discussion paper with 31 draft-reporting requirements and instructions for the superannuation funds it regulates. The proposals implement transparency and accountability recommendations from the government’s Stronger Super reforms and build on the proposals APRA consulted on in 2009. These are the first changes to reporting requirements since 2004. […]