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Showing 161 - 170 of 662 results for "retail funds"

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 ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... since I've been in the super industry where you've had the major different parts of the sectors - industry funds, retail funds, SMSFs - all together in a room and all agreeing that we need to proceed with implementing an objective of super. "But it fell ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... super accounts with less than $1000. Forty-eight percent of these funds are held in not-for-profit funds and 52% in retail funds. What this shows, Rainmaker said, is that inactive accounts are a problem for all super fund segments. However, these accounts ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... Kenneth Hayne did point out in the final report that conflicts of interest arise in both profit-for-member funds and retail funds. "In the case of profit-for-member funds, shareholders or nominating organisations of the trustee may have, and may seek ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... allowing fees for these latter kinds of financial advice to be deducted from superannuation accounts must end," he said. Retail funds to stay Hayne said he does not support the banning of retail funds as it would have "several effects." Firstly, it would ...