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Showing 71 - 80 of 777 results for "Retail fund"

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
Retail superannuation funds delivered the best performance in the personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... not-for-profit (NFP) superannuation funds have cut their premiums more aggressively than retail funds, meaning that retail fund members are paying higher-than-average premiums. Across most age groups, annual insurance premiums for standard cover have ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI). The minister for financial services, superannuation and the digital economy Jane Hume said the draft ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume. Speaking at the Financial Services ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... with AustralianSuper balanced achieving 8.6%, while LGS Accumulation Scheme - High Growth, Mine Super aggressive and retail fund BT MySuper Lifestage 1980s all returned 8.5%. Over one year, eight of the top-performing funds are from the retail sector ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
Guild Super, the $1.8 billion retail fund catering to childcare workers, has chosen a new administrator which it says will enhance member experiences. Guild Super, which also trades as Child Care Super and offers Guild Pension for retirees, will switch ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
Of the 692 superannuation products reviewed by Rainmaker, 29% have received a AAA Rating for 2021, with 11 offerings added to the list. Rainmaker looked at 692 products from 178 superannuation funds for its annual assessment. In analysing the offerings ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
The Financial Services Council has hit back at claims made by Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... 11 properties nationwide in the sectors of retail, office and industrial. The Lendlease Australian Prime Property Retail Fund came in second, returning 12.1% p.a. This fund, which is similar to Australian Unity's fund in that it directly owns 11 ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
The superannuation sector's assets reached a milestone of $3.04 trillion at the end of 2020. While the investments of superannuation funds copped a beating when the pandemic hit around this time last year, APRA's December 2020 statistics shows ...