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Showing 1 - 10 of 639 results for "Retail funds"

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... charging as much as $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." SMC has now picked up where AIST left off, renewing the call for government to extend the laws to prevent advisers ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... 10.9% p.a. Across the sectors, industry super funds lead the pack by leaping 17% year on year to hit $1.3 trillion. Retail funds grew 11% p.a. to $735 billion, while public sector funds grew 9% to $542.1 billion. Self-managed super funds (SMSFs) grew ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... respectively. Out of the industry funds, Prime Super charges the highest admin fee at over 0.70%. It is followed by retail funds OneSuper (Diversa) at about 0.65% and smartMonday at 0.60%. Rife competition among funds is expected to put even more downward ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... products, 72 (44%) are workplace products, 50 (30%) are retirement products, and 42 (26%) are personal products. Retail funds accounted for 29% of the AAA products, meanwhile not-for-profit funds constituted the lion's share at 71%, including 85 products ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier demographic base, and the ability to invest ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... even more expensive, the research house added. This likely explains why only 3% of retirement assets across NFP and retail funds are held in annuities, even when they're treated so favourably within the Age Pension Asset Test. This rises to just 6% when ...

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
... the decline in customer satisfaction has occurred since mid-2021 due to the volatility experienced by the ASX200. "Retail funds are down 8% to 58.9% and are at their lowest level of satisfaction for over three years since November 2020," she said. "Public ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... as of June 202 2. Industry super funds had invested 18% of their members' assets in Australian stocks, while retail funds had allocated 28%, representing approximately $316 billion and $193 billion respectively.

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... $50-$100 billion. Rainmaker also predicts that, within a decade, just 15% of institutional super assets will be held by retail funds, driving one-third of all FUM into the hands of internal investment teams. So, while internalisation has already had ...
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