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Showing 221 - 230 of 662 results for "Retail funds"

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
Retail funds collected $8.7 billion in superannuation fees in 2016 despite delivering 2% less per annum in performance over 10 years, according to Rainmaker research. The Rainmaker report was commissioned by Industry Super Australia, which argued that ...

Retail super fund members increasingly satisfied

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
... Superannuation fund members with balances less than $100,000 are showing greater customer satisfaction levels among retail funds as opposed to industry fund competitors. Data from the Roy Morgan Single Source survey shows that from more than 30,000 superannuation ...

SMSF rollovers hit $8 billion

DARREN SNYDER  |  MONDAY, 8 MAY 2017
... analysis of APRA data also shows retail super funds made up nine of the biggest 10 outflows to SMSFs in the period. Retail funds seeing the largest outflows to SMSFs, by dollar value, included Macquarie Superannuation Plan, Colonial First State FirstChoice ...

Workplace default funds deliver strong returns

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
... interest in the period underperformed." Regarding market segments, the gap between not-for-profit (NFP) funds and retail funds within the Workplace sector continues. The 12 month return gap has, however, contracted to 50 basis points in favour of NFP ...

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
... public with evidence the system needs restructuring, and that the new system will strongly benefit underperforming retail funds. "The report considers dismantling the most trusted, high performing part of our default system while ignoring the elephant ...

Profit-to-member super funds must restore trust: AIST

EMMA RAPAPORT  |  WEDNESDAY, 22 MAR 2017
... to call on profit-to-member funds to assert the difference in their offering to members, especially from that of retail funds. "We cannot take as given that all consumers understand the difference between a fund that reverts all profits to members, and ...

Women-led super funds outperform, so why so few leaders

ALEX DUNNIN  |  WEDNESDAY, 8 MAR 2017
... chief executives are women. This leads to a W-index score across not for profit funds of just 30%. Rainmaker said retail funds were excluded from the study because retail funds do not have chief executives, their trustees run multiple PDS-ed products ...

Custody sector hits $3 trillion

KARREN VERGARA  |  THURSDAY, 2 MAR 2017
... Street and Citigroup. The industry is forecast to hit $9.5 trillion by 2035 off the back of growth in industry and retail funds, and the increasing popularity of SMSFs in post-retirement phase, according to ACSA, citing research from Deloitte. Among ...

Super consolidation imminent: research

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
... "Funds compete now on services more than at any other point in the history of superannuation," it says. "Industry and retail funds alike have both utilised scale to offer better rounded products and services to their members, in part to try to slow the ...

Platinum's AUM and profit take a hit

KARREN VERGARA  |  FRIDAY, 24 FEB 2017
... handful of large account outflows", but the core retail investor base remains resilient, the company said. Platinum's retail funds, the Platinum Trust Funds and Platinum Global Fund, posted the largest drop in AUM of $1.3 billion. "Whilst net fund flows ...