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Showing 331 - 340 of 387 results for "Retail super"

APRA warns on unlisted asset valuations

RUTH LIEW  |  FRIDAY, 6 AUG 2010
... letter to remind super fund trustees of the risks in unlisted investments and to watch their valuation practices. Retail super funds have traditionally favoured listed investments, and only invest around 2 per cent in unlisted assets, according to Rainmaker ...

One in four retail fund members to switch: CHOICE

RUTH LIEW  |  WEDNESDAY, 4 AUG 2010
One in four retail super fund members are considering switching to other super options because they are dissatisfied with the fees, customer service or investment options, CHOICE research found. Choice's survey of 1,400 members in June showed 23 per ...

Industry backs MySuper reforms

MICHAEL HOBBS  |  MONDAY, 2 AUG 2010
Superannuation industry associations have welcomed the government's MySuper reforms but one industry body said more should be done to protect and encourage competition within the market. Pauline Vamos, chief executive at the Association of Superannuation ...

Coalition's IR commitment locks in Award default funds

ALEX DUNNIN  |  TUESDAY, 20 JUL 2010
... covered by a relevant Award make an alternative super fund choice. The political outcome is a major setback for the retail super sector that has severely criticised the practice as anti-competitive following the slim representation of retail funds on ...

Ban insurance commissions in super: Cooper

RUTH LIEW  |  MONDAY, 5 JUL 2010
... the panel's view, commissions add unnecessarily to the insurance premiums that members pay," noted the review. Most retail super funds offer insurance, with many of these reaching up to 35 per cent. To put it into context, these commission payments are ...

APRA concedes on life ins data, slaps down friendlies

ALEX DUNNIN  |  WEDNESDAY, 2 JUN 2010
... industries work. While the insurance industry has broadly supported APRA's initiative, in a reaction reminiscent of the retail super funds industry response to APRA publishing 'whole of fund' performance data, insurers argued that public release of company ...

Fund fees not coming down: Cooper

MICHELLE BALTAZAR  |  THURSDAY, 27 MAY 2010
... remarks came hours after industry association the Investment and Financial Services Association (IFSA) proposed that retail super funds revert back to reporting performance figures gross of any ongoing and advice fees. IFSA argued the change will allow ...

New performance reporting standards for retail funds

ALEX DUNNIN  |  WEDNESDAY, 26 MAY 2010
... Investment and Financial Services Association is implementing a new investment reporting format that will require retail super funds to revert back to performance figures gross of any ongoing and advice fees. The objective is to facilitate comparability ...

AMP corp super inflows fall

MICHAEL HOBBS  |  THURSDAY, 6 MAY 2010
AMP corporate super cash inflows fell due to lower rollovers and a decline in salary sacrifice contributions because of changes in concessional contribution caps, according to the firm's first quarter cash flows report. AMP Financial Services' corporate ...

Commissions by another name

ALEX DUNNIN  |  WEDNESDAY, 28 APR 2010
Luke Hartsuyker, opposition spokesperson for superannuation and corporate law, has labelled fee-for-service advice fees no better than commissions and said they wouldn't fix conflicts of interest. Hartsuyker made the statements while attempting to attack ...