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Showing 281 - 290 of 670 results for "retail funds"

Beware 'apples with apples' super comparisons

DARREN SNYDER  |  FRIDAY, 23 OCT 2015
... fund type. She said default assets represent 65% of all assets for industry funds, compared to 17% of all assets for retail funds. "That means the investment strategy for 83% of the assets of retail funds is chosen by the members, and the asset allocation ...

TWU attacks retail super funds over board governance

DARREN SNYDER  |  THURSDAY, 22 OCT 2015
... Michael Kaine said. "Industry funds should be held up as the model that all superannuation systems should follow. Retail funds don't perform as well so why is the government not scrapping them instead of trying to drag industry funds down to their level. ...

Super returns fall sharply in August

MARK SMITH  |  WEDNESDAY, 7 OCT 2015
... Reflecting this, within the Workplace sector, the gap in the 12 month return in favour of not-for-profit (NFP) funds over retail funds increased to 90 basis points as NFP funds averaged 6.8% and retail funds averaged 5.9%. This is the largest gap since ...

Retail funds recommending advice fee rates

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
While retail super funds post-FOFA have unbundled their embedded advice commissions, half still recommend an average 0.55% in ongoing advice service fees, the annual super fee survey from Rainmaker reveals. As a result of the compulsory adoption of ...

Industry funds challenged by lack of in-house advice

LAURA MILLAN  |  FRIDAY, 25 SEP 2015
... correlation between the scale of a fund's salaried and aligned planner force and the size of its pension division. Retail funds with substantial distribution forces all have more than 20% of their assets in pension mode and "there is already evidence ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
Retail superannuation funds have welcomed the introduction in Parliament of the bill that seeks to mandate the presence of independent directors in boards. "With over $2 trillion currently sitting in the superannuation pool, good governance has never ...

Price is wrong for supermarket super

ALEX BURKE  |  FRIDAY, 28 AUG 2015
... Inwood. The report also analysed member engagement in respondents' current funds, and found that industry funds beat retail funds in terms of overall member satisfaction (76.9% versus 64.7%). Respondents also cited lower fees (54.2%) and better returns ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
... far the legislation is yet to get past lobbying interests. "What we have is an unannounced tripartite war between retail funds, industry funds and self-managed funds and they all want to be bigger. Each one is fighting for its vested interests and it ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
... alternative assets, resulting in the segment - lead by public sector funds - extending its recently regained lead over retail funds. Within the Workplace sector, the 12 month segment gap is 0.6 percentage points as NFP funds averaged 9.7% and retail ...