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Showing 131 - 140 of 636 results for "retail funds"

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... trillion in assets and will topple the SMSF sector's foothold of the superannuation asset pool as early as FY20. Retail funds meanwhile will continue to lag in terms of growth. KPMG said mergers and consolidation will continue to headline the industry. ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... financial products remained lawful, the separation of product and advice is underpinning advice discussions among retail funds. "Profit-to-member superannuation trustees put members' interests first and this extends to the financial advice their ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
... game." "I want to make it clear: consistently underperforming funds, regardless of whether they are industry funds or retail funds will have no sympathy from a Shorten Labor Government," Bowen said. The member for McMahon accused the Government of "preferring ...

New head of retail at Pinnacle

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
... will manage a team of 16 and report to its founding managing director Ian Macoun. Pinnacle has about $10 billion in retail funds under management of its total $50 billion across its boutiques. In his most recent role, Jajoo was the head of asset management ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... the difference they bring to members' retirement. Citing APRA figures, Scheerlinck said $11 billion flowed out of retail funds during 2018, while profit-to-member funds received record inflows. It wasn't just members who made the switch, employers did ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... just $5.8 billion moved across. The analysis also shows more money moves both to and from the self-managed sector to retail funds. As of last year, 56% of total flows to SMSFs came from retail super funds, while 58% of money leaving SMSFs landed in the ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
... financial performance. Latest figures from researcher Roy Morgan show industry super funds continue to skip ahead of retail funds in terms of member satisfaction, with a 4.8 percentage point lead established over member's satisfaction with financial ...

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... report reads. In December 2017, there were 23 corporate funds, 18 public sector funds, 38 industry funds and 118 retail funds regulated by APRA. According to APRA, it now regulates 22 corporate funds and 116 retail funds. The number of industry and public ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... changes appear to be a fundamental design shift for MLC. "It shows MLC is serious about differentiating itself among retail funds. Its new lifestage option design seems to be modelled on highly successful lifestage products offered by award winning not-for-profit ...