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Showing 281 - 290 of 818 results for "Retail fund"

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
The superannuation industry's failure to disclose evidence they have considered climate risk in their investment portfolios has left them vulnerable to legal action according to a financial services activist group. Analysis provided by Market Forces ...

Super funds renew custody contracts with State Street

EMMA RAPAPORT  |  THURSDAY, 13 JUL 2017
Two superannuation funds with a combined $9 billion in assets under management have reappointed State Street to provide custody and asset services. NGS Super has re-signed with State Street for an additional three years, while Christian Super has also ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... MainstreamBPO subsidiary SuperBPO. The clients, which include seven retirement savings accounts and a public offer retail fund for customer-owned banks, have a combined funds under administration of about $650 million. MainstreamBPO will pay $3.5 million ...

HUB24 hiring to support record growth

ALEX BURKE  |  WEDNESDAY, 5 JUL 2017
HUB24 has entered a recruitment drive to support record inflows and 115 new financial advisers flocking to the platform over the past quarter. Following on from the appointment of former BT Financial Group head of SMSF Craig Lawrenson as HUB24's new ...

Asset managers still charging more for less

ALEX BURKE  |  FRIDAY, 30 JUN 2017
Following its interim report on the asset management industry released in November 2016, the UK Financial Conduct Authority reiterated its stance that profits aren't reflecting average performance. The FCA received 153 written submissions and consulted ...

Retail funds closing in on return gap

ALEX BURKE  |  FRIDAY, 9 JUN 2017
The five-year performance gap between not-for-profit and retail funds has narrowed to 130 basis points, according to Rainmaker SelectingSuper research. While the one-year gap to April 2017 widened to 70 basis points, overall retail funds have performed ...

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 ...

SMSF rollovers hit $8 billion

DARREN SNYDER  |  MONDAY, 8 MAY 2017
Retail superannuation funds accounted for more than half of the $8.1 billion rolled in to self-managed super funds in the 12 months to June 2016. Rainmaker analysis of APRA data also shows retail super funds made up nine of the biggest 10 outflows to ...

Workplace default funds deliver strong returns

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
More than 75% of workplace default superannuation options achieved annual returns over 10% for the year ending February 2017, with 40% achieving annual returns over 12%, latest Rainmaker research shows. The researcher found that February marked the ...