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Showing 121 - 130 of 636 results for "retail funds"

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... government-mandated money it receives. "This has bred a culture of introspection and navel gazing," he said, urging industry and retail funds to end the "super culture war" and put members first. The primary purpose of super, he said, is reducing public ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... more than half (53%) of premiums and 59% of claims paid. On average, they offer higher default levels of cover than retail funds, but at a lower rate per unit of cover, Rainmaker said. However, the claims experience varies widely depending on the group ...

Industry funds surge ahead in satisfaction

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Industry funds have widened their lead over retail funds in how satisfied their members are with their fund's financial performance over the last 12 months, according to latest Roy Morgan research. In May last year, 62% of industry fund members said ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... respective life insurers, Rainmaker research found the gross five-year payout ratio for NFP funds was 51%, while retail funds recorded a 41% margin. AMP Super topped the ladder, raking in $4.7 billion in premiums and paying 42% or nearly $1.95 billion ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... funds ($475.8bn) meanwhile recorded the lowest growth rate of 3.1%. "Many in the superannuation industry predicted retail funds would be severely hit in the March 2019 quarter after the Royal Commission. While this was not severe on a quarter-on-quarter ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... research also found retail fund members: Believe their funds perform on par or better than industry funds, when in fact retail funds underperform profit-to- member funds on average; Are highly engaged with their funds (61%); Believe all of the major ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... product to strategies that automatically adjust asset allocations as the member ages. More than half of these are retail funds, five are industry funds, four are public sector funds and two are corporate funds. For a product designed as an antidote for ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... the ASX's market capitalisation. This is split across not-for-profit funds (35%), followed by SMSFs (24%) and retail funds (41%). Over the past decade, super funds' rate of ownership has increased by 9.4% p.a. Rainmaker estimates that super funds ...

Name and shame super sectors: AIST

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
... in AFCA's public report, calling on the complaints authority to adopt APRA's sector categories - industry funds, retail funds and public sector funds - because the information is important to consumers. As a result of the various instances of structural ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... followed by Sunsuper ($6.7bn), Hostplus ($6.2bn), Equipsuper ($5.4bn) and QSuper ($3.8bn). This was at the expense of retail funds: MLC Super (-$1.5bn), BTFG (-$1.46bn) and ANZ Wealth (-$1.1bn), which recorded the largest outflows.