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Showing 111 - 120 of 636 results for "retail funds"

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
... Savage to head the new administration services business. "We are talking to a number of clients, both industry and retail funds...It's a whole difference scale question between a superannuation fund and an administration business," Wilson said. Wilson ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... Pointing to the APRA June 2019 Quarterly Superannuation Performance Statistics, Dunnin said the regulator reports retail funds to have total investment and administration expenses of 0.76%, compared to 0.66% for industry funds. However, some retail funds ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Australians should not be able to be defaulted into or even be able to choose to enter an underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... offerings post-Royal Commission, Atkin added. "A lot of companies were disappointed with the poor behaviour of the retail funds highlighted in the Royal Commission," he said. The fund has a lot to offer in the corporate market due to its investment track ...

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... $90,000, the research shows. However, by the time they're a senior BDA or junior BDM, they could be on $120,000. In retail funds management, salaries are a little lower with senior BDMs earning $170,000-$230,000, BDMs on $140,000-$170,000 and junior ...

Retail funds shrink unlisted assets

KANIKA SOOD  |  MONDAY, 11 NOV 2019
Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago. The lion's share of the unlisted assets (such as infrastructure, private equity ...

KPMG foretells open super era

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... wealth management Linda Elkins revealed the firm has already fielded significant interest from "large industry and retail funds" for insights as to how open data will impact the sector. Elkins said funds had a key decision to make with rising costs and ...

Lifecycle strategies now mainstream: Research

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
... $2.9 trillion in total superannuation assets, as at June end. Of this, $756 billion is held in default products. Retail funds have a 16% share of MySuper's total assets, with the majority in not for profit funds. "[Total superannuation assets] were up ...

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
... quarterly statistics show. Post the Hayne Royal Commission, the results highlight that funds have been flowing out of retail funds into public sector funds and industry funds, Rainmaker head of superannuation research Jason Ross said. Despite the fact ...

Managed funds versus the ASX 200

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
... were split almost evenly between not-for-profit super funds such as Equipsuper, First State Super and QSuper and retail funds such as Integra Super, Virgin Money and MLC.