Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 1002 results for "Accumulation"

APRA funds can learn from SMSFs: Rice Warner

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
... been set up for couples," Rice Warner said. "A couple at retirement often requires four linked accounts, being an accumulation and a pension account for each partner." The company points out that even when retired, an accumulation account is needed to ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... with First State Super is already delivering great outcomes for VicSuper members with a 20% reduction in fees for accumulation members within the first year," Dundon said. "While VicSuper has been a high-performing fund, our board knew that accessing ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... Macdougall and Naheed Rahman, runs an Aussie small caps fund, holding 35-50 stocks aiming to beat the S&P/ASX Small Ords Accumulation Index. The fund has had a good year, returning 2.7% in the 12 months to May end when its benchmark did -2.9%. Warakirri's ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... controversy. AustralianSuper has a $1.047 billion stake in Rio Tinto. About $910 million of that is from the fund's accumulation accounts and the rest is across retirement diversified, Australian equities and member direct options. The majority ...

VicSuper disputes fee hike claim

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... "Following the merger, administration and investment fees will in fact decrease by 20 per cent for over 225,000 VicSuper accumulation members." Turning their attention to specific claims about the cost of accessing advice, VicSuper and First State Super ...

Plato fund to shutter

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... dwindle. Plato's Australian Shares Core Fund invested in Australian companies and was benchmarked to the S&P/ASX 300 Accumulation Index. It charged 41 bps per year as fees. Since inception, it had returned 0.1% higher than its benchmark after fees ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... all annual withdrawals above a specific amount to be included in taxable income. "Alternatively, withdrawals from accumulation accounts (held by those with more than the $1.6m pension transfer balance) could be taxed at (say) 15%," Rice said. "One easier ...

Retirement income covenant delayed

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... further consultation. "We've been working for some time on a retirement income covenant," Hume said. "While efficient accumulation is imperative and we are steadily chipping away at the inefficiencies of that part of the system, we need to build a smoother ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
... strategy's lead portfolio manager Will Baylis said. It will hold about 55 securities and aim to beat the S&P/ASX 200 Accumulation Index over rolling three-year periods. The fund is priced at 64 bps per year in management fees (negotiable, according to ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... infrastructure as 100% growth," Statewide said. "We've also named our default MySuper option simply "MySuper" for the accumulation version and "Growth" for our pension product. "For most of the time this was deemed to be a little too conservative but ...