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Showing 11391 - 11400 of 18137 results for "superannuation"

Flawed assumptions pushing RRR too high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2012
Superannuation advocates' claims that SG contribution rates need to keep rising to fund retirement income replacement ratios of up to 70% might be based on flawed assumptions. Debate among financial planners in the US on retirement income replacement ...

Macquarie sees managed accounts surge

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
... managed accounts during the past 12 months to over 80 not-for-profit organisations as clients with self managed superannuation funds (SMSF) making up 40% of its total client base. Adrian Stewart, head of distribution for Macquarie Private Portfolio Management ...

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
... time about a proposal to raise that limit back up again to $50,000 where clients have less than an amount within superannuation, $500,000, but certainly we don't have in place the legislation mechanism to give effect to that higher threshold from July ...

Xenophon targets super funds for greater transparency

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... the focus of new proposed legislation from independent Senator Nick Xenophon aimed at increased transparency in superannuation. The move was sparked by concern over the volume of the $1.3 trillion in savings against the level of disclosure that must ...

Retail trumps wholesale in managed funds

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... Commonwealth/Colonial all reporting significant increases of inflows, despite the drop in the total FUM to $247.1bn. Superannuation funds recorded a 1.6% increase over the December quarter, although were still down 2.7% over the year with most major ...

Investment FUM nears $1.4 trillion

ALEX DUNNIN  |  TUESDAY, 13 MAR 2012
... 2.2%, not-for-profit super (up 1.9%), specialist investment managers (up 1.8%), retail FUM (up 1.5%) and overall superannuation (1.2%). Indexing meanwhile was down 7.3% through the year to $211 billion, down to the equivalent of 15.4% of the broad market ...

ASIC tackles platform industry

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
... those vehicles that they would have had if they had invested directly," said Kell. ASIC estimates the level of non-superannuation related investments in platforms has doubled to around $100 bn in the last ten years alone. "Our proposals aim to strengthen ...

Gen Y aiming high: REST

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
The majority of Gen Ys have high aspirations for their futures, with two thirds expecting to work as hard, if not harder than their parents to achieve their desired lifestyle. A new survey by REST Super looks at the "wealth style" of 600 18 to 30 year ...

YBR continues aggressive expansion

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
... imminent move into product manufacturing is also a key element of the update, with the company announcing a retail superannuation offer in the early stages of development. Currently Yellow Brick Road (YBR) partners and whitelabels Gateway products for ...

Disclosure requirements under industry scrutiny

ELISE BURGESS  |  MONDAY, 12 MAR 2012
The Australian Institute of Superannuation Trustees has queried aspects of the Financial Services Council's new policy requirements on corporate governance. The Financial Services Council (FSC) released its Superannuation Corporate Governance Policy ...