Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 818 results for "Retail fund"

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
Christopher Joye's Coolabah Capital Investments is taking full ownership of a retail fund management business it developed as a joint venture with Yellow Brick Road. Smarter Money Investments offers fixed income and cash strategies managed by Coolabah. ...

Industry funds surge ahead in satisfaction

KANIKA SOOD  |  MONDAY, 8 JUL 2019
... biggest gainer in the top 12 was Mercer which pushed up its members' satisfaction by 8.9% over the year. The only other retail fund on the list, Macquarie, made gains of 3.5%. First State Super improved the most out of the industry funds in the top 12 ...

Super delivers for the masses: Challenger

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... accounts. Members in a not-for-profit fund tend to retire with $305,000 on average, which is nearly 20% higher than a retail fund member with $255,000. "Members across a wide range of funds have retirement savings that can support a more desirable lifestyle ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
The finance services Royal Commission had minimal impact on industry fund inflows as reflected in APRA's latest superannuation statistics. The prudential regulator's March 2019 figures show retail super funds ($623.4bn) grew by 5.8% over the ...

Fund manager creates new investment role

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... manager Ben Griffiths told Financial Standard Price's appointment coincides with the business re-opening its small caps retail fund to new investors. The small-caps fund was closed to new investors about five years ago and has returned 11.3% a year since ...

Members ignorant about super fund differences: Research

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... tools, a new survey finds. The research from Australian Institute of Superannuation Trustees, which canvassed 529 retail fund members, found many are misinformed about their funds' performance, and as many as one in four mistakenly believe they belong ...

Lifecycle fails to woo industry super

KANIKA SOOD  |  MONDAY, 20 MAY 2019
Six years after the first lifecycle MySuper products hit the shelves, industry superannuation funds have trailed behind the retail sector in terms of adoption. Only five industry funds ditched their single strategy MySuper product for a lifecycle option ...

Super funds to dominate ASX: Research

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Superannuation fund are forecast to control more than half of the ASX in 15 years' time, new Rainmaker research shows. Super funds currently invest about $700 billion in ASX-listed companies, representing nearly a 40% stake of the index and growth ...

Name and shame super sectors: AIST

HARRISON WORLEY  |  MONDAY, 6 MAY 2019
The Australian Institute of Superannuation Trustees wants Australian Financial Complaints Authority to report which superannuation sectors are most complained about. In a submission to AFCA's consultation paper on proposed arrangements for comparative ...