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Showing 141 - 150 of 662 results for "retail funds"

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.

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 ...