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Showing 301 - 310 of 387 results for "Retail super"

MLC head calls for truce after laying blame at industry funds door

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
MLC & NAB Wealth group executive Steve Tucker has called for a truce between industry and retail super funds and said the time has come to "compete on substance rather than rhetoric." While largely supportive of the Government's Stronger Super reforms ...

Retail super fund commissions revealed

MATT WOODINGTON  |  TUESDAY, 6 SEP 2011
Retail super fund members paid almost $3 billion in commissions during 2010, according to new Rainmaker research. The fee study, commissioned by Industry Super Network, shows that members parted with $1.9 billion in payments linked to super investments ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
Financial planning group Count Financial reported a profit surge of $51.56 million, a 113% increase on the previous corresponding period, in its annual results today. The announcement was expected after the firm issued earnings guidance earlier this ...

IOOF profits soar despite difficult times

ALISON BEVEGE  |  THURSDAY, 25 AUG 2011
Diversified financial group IOOF has reported statutory net profits after tax have risen by 28.4% to $99.5 million in its annual results released today. Chris Kelaher, managing director of IOOF, said it was a very pleasing result and had come despite ...

Retail funds narrow satisfaction gap

ALEX DUNNIN  |  THURSDAY, 18 AUG 2011
... recent stock market correction that some are calling GFC-2. Its savage hit on equity portfolios will likely drag down retail super fund returns more than industry fund returns, due to retail funds having much higher equity exposures. "How the last few ...

Super funds to provide standard risk measure

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
... Services Council (FSC) worked closely with a broad range of representatives from asset consultants and industry and retail super funds to create the measure, designed to help consumers make better informed decisions. "People talk about 70-30, balanced ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Super Choice legislation enabling consumers to choose their superannuation fund has made little impact on the way Australians choose superannuation, a report has found. The Roy Morgan Superannuation and Wealth Management in Australia report for July ...

Improved governance called for all round

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Several large superannuation funds last week demanded improved corporate governance in the wake of the News Corporation scandal, but both the Australian Institute of Chartered Accountants and the Australian Institute of Company Directors have said the ...

Industry brawl erupts over super network ads

ALISON BEVEGE  |  FRIDAY, 15 JUL 2011
... Super Network over an advertising campaign that it believes harms financial planners. The print advertisements allege retail super fund members are charged commissions and ongoing fees for ongoing advice they do not receive. Mark Rantall, chief executive ...