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Showing 221 - 230 of 387 results for "Retail super"

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
... had the biggest share of all platform business with 19.7% of funds under advice as well as the largest share of the retail super market (excluding cash) with 18.4% of funds under advice. Revenue in BTFG's private wealth division rose 11% and its global ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
Three major retail superannuation funds have rejected claims that they are relying on passive investment strategies to keep MySuper product costs down, confirming they have a significant allocation to active managers. Colonial First State head of investment ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

Low cost retail jumps 82pct

STAFF WRITER  |  MONDAY, 13 OCT 2014
... date been slow transitioning default workplace superannuation assets across into these lower cost products. "Among retail super funds barely one in 10 dollars of default super is held in new lower-cost MySuper products with an incredible $77 billion ...

Damien Mu elected to FSC board

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
AIA chief executive Damien Mu has been elected to the board of the Financial Services Council (FSC). Mu has been with AIA since 2007, and was appointed as chief executive in July this year. Prior to his time at AIA Mu was operations manager for AustralianSuper ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

AIST attacks big-bank default grandfathering

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
... super funds shouldn't have to wait until 2017 for these fee reductions to occur." Financial Standard contacted two retail super funds to clarify whether they were taking advantage of the grandfathering rules. At time of writing they were yet to respo ...

Big four fail in cross-selling retail super funds

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
Australia's big four banks are failing to cross-sell their retail superannuation products to their existing banking customers, the latest Roy Morgan research shows. Each of the banks is capturing less than 20% of their customers' superannuation balances ...

New report stokes 'Compare the Pair' flames

MARK SMITH  |  WEDNESDAY, 13 AUG 2014
... Australian could have to contribute to their super for a further eight years had they been a member of an average retail super fund. Industry Super Australia (ISA), the body which represents some of the largest not-for-profit funds, has issued a media ...

Praemium reports strong rise in SMA funds

MARK SMITH  |  MONDAY, 21 JUL 2014
... Praemium has also announced a raft of upgrades to its SMA platform including improved pricing and product design for the retail Super SMA product in Australia, a simplified applications process to reduce the time required by our clients to create new ...