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| | | ... years, also revealed that 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 ... |
| | | | ... administration fees will not punish funds that reduced fees in recent years. "This isn't about industry funds versus retail funds. It is simply about underperformance," she said. |
| | | | ... now estimate it could be around 25 products underperforming," Hume said. "This isn't about industry funds versus retail funds. It is simply about underperformance." Hume added that if the test didn't include administration fees charged over the past ... |
| | | | ... followed by UniSuper's balanced option and GuildSuper Lifecycle Growing at 9.1%. They were followed by two more retail funds: smartMonday PRIME - MySuper Age 40 (9%) and Australian Ethical Super balanced (8.9%). The industry funds followed with AustralianSuper ... |
| | | | ... performance in the main default investment choices. This year saw 149 products from not-for-profit funds and 49 from retail funds make the cut. Last year NFP funds accounts for 154 products and retail funds came in with 47. Of these, 198 products have ... |
| | | | ... at last focused on reform that put members' first, but instead they're planning a feast for the banks and retail funds and they'll be dining out on workers' savings," Dean said. "The government is making countless dud retail super funds ... |
| | | | ... assets, which increased 3% to $2.06 trillion. The self-managed super fund sector was flat at $764.2 billion. Pitting retail funds against industry funds, the latter jumped 6% to $817.9 billion year on year, while the retail sector declined 1% to $633.6 ... |
| | | | ... and Hostplus have stayed away. At September end, there were 25 lifecycle MySuper products. Of this, 14 were from retail funds, four from public sector funds, five from industry funds and two from corporate funds. Since then, Maritime Super and Tasplan ... |
| | | | ... highest score at 72.9% followed by OnePath, Mercer, MLC and Colonial First State. Satisfaction was lower for members of retail funds run by the big four banks, coming in at 61.4%. Levine said the impact of the fall in stock valuations as a result of ... |
| | | | ... duplicated supplier arrangements and expand investment product availability. Project Streamline follows the closure of two retail funds, including the Clime Australian Value Fund in November. The two funds were "deemed uneconomical" and instead investors ... |
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