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Showing 71 - 80 of 1962 results for "Rainmaker"

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... notwithstanding - predictable returns for the burgeoning share of fund members who will be retirees. Latest research from Rainmaker reveals that 40% of Australia's $3.5 trillion superannuation savings pool was owned by retirees in June 2022 and this ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... trend for the first time in more than three years, adding 626 advisers during the March 2023 quarter. A new report by Rainmaker Information shows that the advice profession gained several advisers in the non-aligned and super fund-aligned channels. "It ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... 2021-22. This growth was driven by a 9% uptick in employer contributions and a 23% increase in member contributions. Rainmaker Information highlights that in 2021-22, Australians paid an average of 17.4% of their total wages and salaries into superannuation ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... inflows from IFAs to the North platform being up 30 per cent on the same period last year," George said. According to Rainmaker Information data, the AMP MyNorth platform holds a 6% market share among non-aligned financial advisers and 7.5% market share ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... approaching retirement, there is a growing supply-demand disparity that needs to be addressed. Of note, according to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, financial adviser numbers are at their lowest in almost ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... products that are best in class, and we continue to refine our product offers in line with this goal," Vanguard said. Rainmaker Information shows that fixed interest ETPs were the fastest growing asset class in Australia last year. In the 12 months to ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
Rainmaker Information's assessment of superannuation products shows that 56 super funds boast at least one AAA-rated product, down from 66 last year. Rainmaker's AAA Quality Rating evaluates superannuation products on performance, costs, insurance ...

Industry fund tops performance tables

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
... in second, tying with returns of 6.9% p.a. followed by Aware Super's high growth option with 6.7% p.a. According to Rainmaker Information, Active Super stole the crown from Maritime Super MySuper, which topped the list in January's performance tables. ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
... Australians breaching the $3 million cap in their lifetime, affecting around 500,000 people, as per ATO data. Further, Rainmaker Information research indicates that the $3 million superannuation cap would affect approximately $410 billion of savings. ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... redemptions and product closures over the last three years put to question if active fund managers are still fit for purpose. Rainmaker modelling shows that between 2020 and this month, more than 120 listed investment companies and wholesale managed ...