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Showing 191 - 200 of 331 results for "Underperformance"

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... important work is underway, we urge the government not to lose sight of the other challenges such as chronic underperformance and the fact that one in three workers are not even getting paid super," he said. The Australian Banking Association, meanwhile ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... automatically rollover worker's funds would see Australians connect with higher performing funds sooner. "Chronic underperformance and multiple accounts are the two biggest drags on the system, costing workers hundreds of thousands of dollars in hard-earned ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... retirement savings of millions of Australians and ensure that APRA can take effective action, including addressing underperformance and compliance with the best interests duty. He added the new law was another example of the Government taking action ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... warning to super funds to expect a more assertive and demanding prudential regulator that will crack down on underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen Rowell told the Conference ...

Market cap funds disappoint investors: Report

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
... bases respectively. While there is no consistent trend in the yearly active versus index figures, the report said underperformance for the majority of Australian active funds in most categories over the long term (between five and 15-year periods) have ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... echoed this statement as it would be "needlessly disruptive and fails to address the more serious problem of underperformance in the wider super system." On the other hand, BT general manager of superannuation Melinda Howes said the shortlist has merit ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... list is a "blunt mechanism that will be needlessly disruptive and fails to address the more serious problem of underperformance in the wider super system." "According to the Commission, a quarter of default funds underperform but this proposal would ...

Star managers address low returns

KANIKA SOOD  |  TUESDAY, 30 OCT 2018
Portfolio managers of L1 Capital's billion-dollar listed investment company have addressed its underperformance after it delivered -6.3% for the quarter. The long/short listed investment company listed in April after raising $1.3 billion in the ...

What 1% in fees could do to investments

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... found eight in 10 managed funds in Australia failed to hit benchmark returns over a 10-year horizon. The average underperformance was 1.88% while the average fees were 1.74%. InvestSMART offers two options for investors. For a flat subscription fees ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... growth rate of 39% since 2009, while LICs have only grown at 11.5% CAGR in the time. Lower fee and high levels of underperformance in active managers have fueled the ETF segment's growth after it first took off after the GFC. Product boom Managers from ...