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Showing 201 - 210 of 662 results for "retail funds"

Stellar growth for industry funds: APRA

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2018
The growth of industry superannuation funds significantly outpaced retail funds in the year to December 2017, latest APRA statistics show. Industry funds saw assets surge 18.3% to $589.8 billion year-on-year, largely driven by net contributions flows ...

Kerr Neilson steps down as Platinum chief

ALEX BURKE  |  FRIDAY, 23 FEB 2018
... Neilson, born in Johannesburg, commenced his financial services career at Courtaulds in London. He later became head of retail funds management at Bankers Trust (BT) Australia and established Platinum in 1994 with backing from George Soros. In an interview ...

Satisfaction with industry super rising

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2018
... superannuation funds are making a comeback in the consumer satisfaction stakes as latest Roy Morgan data shows they have edged retail funds for the third consecutive month. Despite having trailed retail funds for the first seven months of 2017, figures ...

Industry funds reign supreme: Research

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
... when compared to other segments. The current median age of industry fund members is only 39.6 years, while that of retail funds is 45.7 years. Self-managed superannuation fund members (SMSFs) are the oldest at a median age of 59 years, followed by public ...

New ASFA board announced

EMMA RAPAPORT  |  THURSDAY, 30 NOV 2017
... Andrew Boal, head of Australasia, Willis Towers Watson Suzanne Holden, chief executive, Link Group Fund Administration Retail funds Linda Elkins, executive general manager, Colonial First State Melinda Howes, general manager of superannuation, BT Financial ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
... facilitating industry input to Mr McShane, who will meet with service providers, representatives of both industry and retail funds, and funds at various levels of compliance with RG97," ASIC added. "In the meantime, the facilitative compliance approach ...

RG97 effects inconsistent: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2017
... high level analysis shows not-for-profit (NFP) superannuation funds have over twice the increase on fees compared to retail funds. Among the asset classes, property investment options have more than five times the increase on fees than either equity ...

Younger generations gaining super ground

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... but Generation Z are most satisfied with the performance of industry funds, with the younger demographic preferring retail funds. This is associated with their lower average super balances, sitting at $16,600. For comparison, the average balance currently ...

AllianceBernstein slashes retail fees

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
AllianceBernstein (AB) will cut management fees for two of its retail funds. The management fee for the AB Dynamic Global Fixed Income Fund has been reduced from 0.70% per annum to 0.55%, while the fee for the AB Global Equity Fund has been cut from ...

Alternative investment manager opens Sydney office

EMMA RAPAPORT  |  THURSDAY, 14 SEP 2017
... Winston Capital Partners for its third party retail distribution, and recently attained Lonsec ratings for its two retail funds, the CFM ISDiversified Trust and CFM ISTrends Trust.