Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 662 results for "retail funds"

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... many of them "are too small and don't deliver enough value". "At a sector level, industry funds have outperformed retail funds on growth and efficiency. Seven out of the top 10 fastest-growing funds are industry funds, and the median operating cost for ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... financial year, we believed industry funds would overtake SMSFs as the biggest grouping, just as they had moved ahead of retail funds in the first three years of this study. "But given the particular challenges now facing the industry funds - in particular ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... According to the data, 72% of all payments have been made from not-for-profit funds, while the remaining 28% from retail funds. Prime Minister Scott Morrison told parliament on Friday last week the most recent ERS figures were significantly higher than ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... and April this year. A further 600,000 were left underemployed after having their hours cut. While the numbers for retail funds were slightly more subdued, they were still significant. Colonial First State had paid out $473 million to members by Friday,May ...

Death of dividends greatly exaggerated: Epoch

ELIZA BAVIN  |  TUESDAY, 12 MAY 2020
... generate dividend income from offshore. Damien McIntyre, chief executive of GSFM, the distributor of Epoch's retail funds in Australia, said record low interest rates were already impacting Australian investors in their search for income before COVID-19. ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... assets to property compared to the retail sector's 8%. Industry funds went heavier on infrastructure too with 8% to retail funds' 2%. Retail funds demonstrated a higher allocation to fixed income in MySuper with 23% to industry funds'15%. Despite recent ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
... result to sit at 74.5% customer satisfaction, just 0.5% behind self-managed super funds, which also gained 0.3%. Retail funds suffered too, but to a lesser extent, losing just 0.2% to sit at 60% customer satisfaction in March. Roy Morgan chief executive ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... income," Dunnin said. Dunnin said based on the standard MySuper asset mix, while industry funds fell 15% in March, retail funds may have fallen as much as 17%. "This is due to retail funds having a higher exposure to equities, even though on average ...

NFP super fund performance revealed

JAMIE WILLIAMSON  |  TUESDAY, 7 APR 2020
... end is -6%." Rainmaker's analysis does not include the performance of the retail sector. "It should be noted that retail funds hold high allocations to equities so they are likely to be more exposed to equities market falls," Dunnin said. This was seen ...

Most complained about super funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 7 FEB 2020
... superannuation funds in the body's first eight months of operation shows an almost even split between industry and retail funds. AFCA started operating on 1 November 2018 and data released by the body late last year shows the complaints received ...