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Showing 131 - 140 of 387 results for "Retail super"

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
... Centre gets up and running. While it's easy to get caught up in the fact that the Royal Commission focused more on retail super funds, Eccleston reminded all trustees that it's not about whose behaviour is better than the other. It's about: "Am I doing ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
Not-for-profit funds have been vindicated by the Royal Commission's "damning" preliminary findings into the retail super sector but can't afford to be complacent, according to the Australian Institute of Superannuation Trustees. Kicking off ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
Several retail superannuation funds have rejected claims they fell below community standards and contravened the Superannuation Industry (Supervision) Act by delaying the transition of members into cheaper MySuper products. In response to recommendations ...

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
Some of Australia's prominent life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings. TAL, CommInsure, ClearView and Freedom Insurance have been named to ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... submission on misconduct in the superannuation industry, which was released on Friday night, showed the wrongdoings of retail super funds were dominant in the 223-page document. Counsel assisting Michael Hodge said it is open to Commissioner Kenneth ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... Rainmaker said this is not a sufficient explanation because performance benchmarks regularly achieved by NFP and retail super funds shows retirement products (due the concessional tax treatment relative to accumulation pre-retirement products) outperform ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... differential is between 30 and 60 basis points. The research, commissioned by ANZ, estimates the average industry or retail super fund member is missing out on an additional $12,000 in retirement as a direct result of bank liquidity regulation. "We estimate ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... accounts and funds under management - are in the pension phase, something not seen in the APRA-regulated industry and retail super fund sectors. "Members in retirement phase generally look for more stable income, meaning that they will forgo higher investment ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
... called up to the fifth round of the Royal Commission manage about $700 billion for more than 10 million Australians. Retail super funds appearing at the Royal Commission will account for more than $280 billion in funds under management or more than 55% ...

MySuper approaches $650 billion

DARREN SNYDER  |  TUESDAY, 26 JUN 2018
... strategies were predominantly not-for-profit superannuation funds, even though 68% of these strategies are held by retail super funds. It should be noted not-for-profit funds, which includes industry funds, control 83% of the MySuper sector and this ...