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Showing 231 - 240 of 818 results for "Retail fund"

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
The Productivity Commission reinforced several recommendations flagged in mid-2018 in a bid to modernise the $2.7 trillion industry, which included shaking up the default sector. The Commission handed down 31 recommendations in its final report in assessing ...

CFS tops up Morgan Stanley mandate

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
Colonial First State has topped up a Morgan Stanley mandate, as it fine-tunes the fixed interest exposures in its employer super's lifestage options. Morgan Stanley's Total Return Strategy is now managing $134 million for the FirstChoice Employer ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... was sold to Nippon Life in 2015. Two years ago, NAB merged five of its super funds into one, creating the largest retail fund in the country. The MLC Super Fund comprises MLC MasterKey and Plum superannuation offerings, and at the time was worth $70 ...

Superannuation fund comparison tool launches

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
A new platform that makes it easier to compare superannuation funds and switch to better, high-performing investments has soft launched. Roll-it Super helps boost super fund choice for employees by providing monthly performance, fees and benefits for ...

IFM Investors chair lays out priorities

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
The $113 billion manager will look towards congested cities to deploy future capital but nothing as big as its Westconnex investment is on the horizon, newly-appointed chair Greg Combet said in a media call today. The former Labor federal minister took ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
The Productivity Commission has made another "compelling" argument for economies of scale in superannuation, estimating it to save the industry $340 million each year. The benefits however, aren't flowing to members. In its final supplementary paper ...

Industry funds lead website experience

KANIKA SOOD  |  FRIDAY, 23 NOV 2018
... Pension information (0.6 points higher). Corporate governance documents were tough to locate on both industry fund and retail fund websites but industry funds scored 0.3 points higher. The two cohorts received similar usability ratings for using web ...

Poor performance a fiduciary breach

JAMIE WILLIAMSON  |  FRIDAY, 16 NOV 2018
Superannuation funds that fail to achieve healthy long-term returns when measured against peers are in breach of their fiduciary duty to members, a former Federal politician has told the 2018 ASFA Conference. Appearing as part of a panel on the future ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Self-managed super funds continue to have the lowest fees across all superannuation vehicles, charging an average total expense ratio of 0.82%, latest Rainmaker Research shows. The 2018 Rainmaker Fee Study, which analysed more than 2500 fee options ...