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Showing 11 - 20 of 110 results for "NFP"

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' FUM is managed internally. However, NFPs command about 72% of the total APRA-regulated super FUM, with ...

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... continuity for existing investors, WTW does see potential for growth. "Our goal is to expand the client base, particularly into the NFP and wealth management sectors, with the intention of driving improved scale and performance and lowering fees and ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
... funds is up more than one-third from the 2015 ratio of 19%," Rainmaker said. "Because of the established trend that shows NFP super funds to be increasingly dominating the superannuation sector, this necessarily means these funds will also dominate retirement ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... Strategy index outperformed the Lifecycle MySuper index across all age groups through the 12-month period. The not-for-profit (NFP) MySuper index maintained its lead over the Retail MySuper index over the past 12 months. The NFP MySuper index returned ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
... the market. According to Rainmaker Information, JANA, Frontier and Willis Towers Watson (WTW) now control 84% of the advised NFP superannuation market. The figure, which is up from 77% in 2020, is reflective of the ongoing rationalisation of super funds. ...

Super fund ASX dominance stable: Research

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2023
... super funds held 18% of members' money in Aussie stocks, while retail funds held 28%. This equates to about $316 billion for NFP funds and $193 billion for retail funds. "While the nominal value of ASX shares owned though NFP funds increased 108% between ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... that JANA now advises one quarter of New Zealand's community trusts. "There's a lot of opportunity for JANA to support more NFP organisations, such as for-purpose organisations, foundations and universities, who can benefit from having an independent ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... encouraging companies to resolves solvency issues early, and managing the increase in assetless insolvencies. "The Australian NFP sector plays a vital role in delivering critical health, education and other support services to communities across Australia," ...

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... not-for-profit super segment. In the five years ending March 2022, their total assets had grown only 5.4% per annum, while NFP funds grew at a rate of 10.1%. Retail super funds grew even slower than SMSFs, increasing just 3.1% per annum. Despite these ...

Future2 Foundation appoints co-general managers

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
... foundation in its goal to help disadvantaged young Australians. With over 14 years' experience working for not-for-profit (NFP)s across a range of industries, Timms is also currently general manager at Coda. Catlin is also operations manager at Coda ...