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Showing 251 - 260 of 387 results for "Retail super"

Chifley Super to merge with Sunsuper

MARK SMITH  |  THURSDAY, 10 OCT 2013
Chifley Super is set to merge with Sunsuper, with members and assets being transferred on 31 December 2013. After an extensive review and investigation process which explored possible takeovers of smaller entities as well as mergers with larger industry ...

ISA asks for scaled, affordable advice

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
... said that prior to the Future of Financial Advice (FoFA) reforms, most members weren't getting financial advice, but retail super fund members were paying for it through commissions and ongoing advice fees taken out of their super. "While many planners ...

ISN-FSC accord has its limits: Whiteley

JAMES FERNYHOUGH  |  FRIDAY, 27 SEP 2013
... which I don't think can ever be reconciled, which is that industry super funds are run only to benefit members, and retail super funds are owned typically by the major banks." But this profound philosophical difference does not meet mean the two sectors ...

Australian Ethical pays out $300k in redundancies

JAMES FERNYHOUGH  |  THURSDAY, 12 SEP 2013
ASX-listed retail super fund Australian Ethical will make a number of employees redundant following a "substantial reduction" of its Canberra office. In a release published on the ASX website, Australian Ethical chief executive Phil Vernon said, "The ...

Aon Master Trusts gets MySuper approval

MARK SMITH  |  TUESDAY, 3 SEP 2013
The Aon Master Trust has become the latest fund to receive its MySuper authorisation from the Australian Prudential Regulation Authority (APRA). On 1 January 2014, the Aon Master Trust will launch Aon MySuper. The new investment option takes a lifecycle ...

Super fees fall to 1.23%

STAFF WRITER  |  WEDNESDAY, 7 AUG 2013
... increased 22% estimated annual fee revenue has increased only 15%. Rainmaker also investigated the impact of low cost retail super funds that are now routinely undercutting industry fund fees. But Rainmaker cautioned that while these funds are delivering ...

ISN and FSC form 'unprecedented' union

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... the past, would be our lasting contribution to creating stability and certainty." The division between industry and retail super has traditionally reflected wider left-right political divisions.

AMP, MLC impose Stronger Super levy

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Retail superannuation providers AMP and MLC are the first retail super funds to signal that they will charge members a levy to pay for expenses related to the government's Stronger Super regime. The news came when MLC sent out a letter to advisers warning ...

Coalition signals super policy changes

ALEX DUNNIN  |  FRIDAY, 12 JUL 2013
... theoretically available for member representatives," Fletcher said. He provided no corresponding figures regarding retail super fund trustee directors. Despite Fletcher's concerns regarding competition for how award super funds are nominated, he said ...

Retirement platforms to become the new battleground

JAMES FERNYHOUGH  |  MONDAY, 27 MAY 2013
... management (FUM) projections for 2012 to 2033. The personal platform market is currently the major battleground for retail super funds, with funds under administration (FUA) of $125 billion in 2012. That compared to FUA of $96 billion in the retirement ...