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Showing 311 - 320 of 664 results for "retail funds"

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

Super returns lift to 11.1%

STAFF WRITER  |  FRIDAY, 3 OCT 2014
... SelectingSuper, noted in a statement that not-for-profit (NFP) super funds achieved 12 month returns of 11.3% and retail funds (ie corporate master trusts) achieved 10.3% for a 100 basis point segment gap. The long term segment gap is, however, closer ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation Authority (APRA), showed retail funds' MySuper products has outperformed industry funds since the beginning of the regime in January 2014. It calculated that FSC ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
... industry and the media to compare superannuation funds and their performance." However, he claimed that bank-owned retail funds had opposed the non-confidentiality rules. "Bank-owned retail superannuation funds have consistently opposed the full disclosure ...

AIST attacks big-bank default grandfathering

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
Bank-owned retail funds should be forced to roll all their default superannuation members out of high-fee products into low-fee MySuper products, according to the Australian Institute of Superannuation Trustees (AIST). AIST head of executive manager ...

HOSTPLUS to launch lifecycle option

JAMES FERNYHOUGH  |  FRIDAY, 19 SEP 2014
... determined by your age and retirement horizon." So far the lifecycle model has been popular among MySuper products in retail funds, but less so with industry and public sector finds. HOSTPLUS' lifecycle option however will not replace its existing MySuper ...

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... products and the fact that MySuper and FoFA have forced adviser fees (1%) out of the equation. "MySuper has meant that retail funds are aggressively competing in the default space and that wasn't always the case, but retail funds are not going to be ...

Advertising won't grow membership, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... she said that big advertising campaigns do translate to brand awareness if not to fund growth. Both industry and retail funds were among the top funds, with an industry and retail fund taking the top two spots. She did not disclose which funds they were. ...

Super returns dip but still strong

STAFF WRITER  |  TUESDAY, 2 SEP 2014
... year average annual returns were 6.9% pa. Not-for-profit (NFP) super funds achieved 12 month returns of 10.9% and retail funds (ie corporate master trusts) achieved 9.7% for a segment gap that has jumped back above 100 basis points to 1.3 percentage ...

Select chair to become OneVue deputy CEO

ALICE URIBE  |  THURSDAY, 28 AUG 2014
... to 12 months. The cash component will be funded from existing cash holdings As a result of the purchase OneVue's retail funds under management and administration (FUMA) will increase from $1,940 million to $2,609 million (excludes one asset consulting ...