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Showing 331 - 340 of 662 results for "Retail funds"

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... Australians who are in default funds. "The latest version of the ISA ad compares a hand-picked sample of the most expensive retail funds with a very short list of industry funds. This is meaningless for consumers. It's like comparing apples with carrots." ...

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
... and 10 year average annual returns are 6.9% pa. Not-for-profit super funds achieved 12 month returns of 11.6% and retail funds (ie corporate master trusts) achieved 9.2% for a segment gap that has jumped in just one month from 1.4 to 2.4 percentage points. ...

Don't be afraid of sales, industry funds told

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Industry superannuation funds must embrace a sales culture if they are to compete with retail funds in an increasingly open market, according to Metta Group director and AustralianSuper consultant Clive Wilkinson. Speaking to an audience of not-for-profit ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
... that offers it the highest ongoing fees. In practice, it has also meant that corporate super advisers only recommend retail funds, as industry funds do not offer the ongoing payment. Under FoFA - which comes in in full force on July 1 - this model is ...

Industry funds must learn from banks: Equip

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
... or hate them, they recognise access and convenience trumps all other considerations in Choice." He said that, as retail funds get access to employers previously exclusively accessible to industry funds through the awards system, the challenge for the ...

Super on track for double-digit year

ALEX DUNNIN  |  MONDAY, 5 MAY 2014
... and 10 year average annual returns were 7.0% pa. Not-for-profit super funds achieved 12 month returns of 12.9% and retail funds (ie corporate master trusts) achieved 11.5% for a segment gap of 1.4 percentage points. The long term segment gap is only ...

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... panel is incorrectly constituted and that it cannot proceed." He said that with a correctly constituted panel more retail funds would apply to be included on awards, in the event that legislation did not get through the Senate. But the FSC's legal action ...

Industry responds to super fees study

JAMES FERNYHOUGH  |  TUESDAY, 29 APR 2014
... the Fair Work Commission vetting process as a way of protecting consumers. ISA did not address the fact that, while retail funds have traditionally been much more expensive the industry funds, ANZ's MySuper offering is currently the cheapest on the market. ...

Bring in Chilean-style super tender process: Grattan Institute

JAMES FERNYHOUGH  |  MONDAY, 28 APR 2014
... reduce his or her balance by more than $250,000, or 27%. It also found that funds charging higher fees (generally retail funds) actually deliver inferior returns to lower-cost super funds (generally industry or public sector funds). The solution to this ...

CBA integrates online business banking with MySuper

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
... strategy to become a major player in the provision of employer super, a space that is currently difficult to access for retail funds thanks to the industrial awards system. The awards system is widely viewed as favouring industry funds over retail super ...