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Showing 181 - 190 of 662 results for "retail funds"

Poor performance a fiduciary breach

JAMIE WILLIAMSON  |  FRIDAY, 16 NOV 2018
... Appearing as part of a panel on the future structure of super, former Assistant Treasurer Nick Sherry was hard on retail funds and their fiduciary duty to members. "We are at a bit of a tipping point and the traditional retail model of - to be blunt ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... the fund offers. "These changes have dramatically changed the comparative sticker price fees across the market with retail funds offering many of the lowest price MySuper products available," said Dunnin. While the headline fee might be lower for some ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... indexing is limited." Rainmaker analysed the portfolio disclosures of 26 not-for profit superannuation funds; no retail funds currently disclose their equity holdings. In regards to holdings, the top international stocks held by NFP super funds are ...

Industry fund members more satisfied

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... according to a survey of 50,000 participants conducted Roy Morgan, which pitted industry and not-for-profit funds against retail funds. In the 12 months to August, industry funds gained a 3.9% satisfaction point increase. Retail funds on the other hand ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
... search to find the right superannuation fund for its employees. Examining several aspects such as industry versus retail funds and default versus choice, de Lange said the right option was hard to find as investment options and prices were being managed ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... "We are relieved to see some common sense finally coming to the discourse." As for MySuper, there is no place for retail funds in this space when members in a compulsory system expect the highest level of protection, she said, adding AIST will firmly ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... cheaper MySuper products. In response to recommendations put forth to Commissioner Kenneth Hayne on August 24, many retail funds denied any wrongdoing in keeping members in products that charged expensive legacy fees instead of promptly moving them to ...

Super assets hit new record

STEPHEN FAY, DARREN SNYDER, KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... industry funds' dominance in MySuper contributions, as well as some corporate fund transfers (e.g. Rio Tinto to Equip). Retail funds only grew 4% to $600 billion, largely driven by contributions. The retail segment received $7 billion less in contributions ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... a high proportion of the sector by both member accounts and funds under management compared to not-for-profit and retail funds, are in pension phase. Rainmaker said this is not a sufficient explanation because performance benchmarks regularly achieved ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... fee arrangements with financial advisers. An article, published in a national newspaper, exposed how bank-linked retail funds generated low returns on cash options. CBA was deemed "unhappy" with the article and was prompted to conduct an internal analysis ...