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Showing 91 - 100 of 368 results for "Retail super"

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

Top performing ESG options revealed

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
In honour of World Environment Day, Rainmaker has ranked the top performing ESG investment options offered by superannuation funds. Latest Rainmaker analysis shows ESG options offered by super funds are some of the most consistent performers over one ...

Suncorp Super faces action over adviser pay

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
Two law firms are working to bring a class action against a retail superannuation fund, with existing and former members suing over conflicted remuneration paid to financial advisers. Suncorp Portfolio Service, also known as Suncorp Super, is facing ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... reflected in APRA's latest superannuation statistics. The prudential regulator's March 2019 figures show retail super funds ($623.4bn) grew by 5.8% over the quarter, while industry funds' assets ($677.5bn) rose by 7.6%. SMSFs ($746.6bn) continue ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... cost surgery". The big players' funds under administration have been plagued by leakage to independent platforms, retail super outflows and administration fee cuts. "As the foundations of vertical integration give way, major platforms are shedding FUA ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... and administrator DIY Super - late last year. "We can now provide a full service solution to clients looking for a retail super and pension offering in the market," he said. "If someone wants to offer a super fund in the market we can now stand in the ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... members' interests first and this extends to the financial advice their funds provide," she said. While many retail super funds are re-evaluating the advice they provide after the financial services Royal Commission, Bowtell said non-conflicted governance ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... both to and from the self-managed sector to retail funds. As of last year, 56% of total flows to SMSFs came from retail super funds, while 58% of money leaving SMSFs landed in the retail sector. This could explain why net flows to SMSFs are lower for ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
... performance. At this time 12 months ago the lead was far smaller, with 1.6 percentage points between the two. However the retail super sector has since been publicly lambasted at the Royal Commission, while industry funds experienced smoother waters. ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
After a damning report card by the Royal Commission, the big question is where to now for retail superannuation and its advisory network ecosystem? At least we know what's not part of the answer: the status quo. Retail superannuation may not be ...