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

Search Results

Showing 341 - 350 of 662 results for "Retail funds"

Industry fund claims experience worse than retail: PWC

LAURA MILLAN  |  FRIDAY, 4 APR 2014
... The claims experience at industry superannuation funds has deteriorated in recent months and is now worse than in retail funds, PriceWaterhouseCoopers partner Barry Rafe said. Speaking at the Financial Services Council 2014 Life Insurance Conference ...

Super returns up slightly to 12.8pct

ALEX DUNNIN  |  FRIDAY, 4 APR 2014
... options that as yet have no performance history. Not-for-profit super funds achieved 12 month returns of 13.1% and retail funds (ie corporate master trusts) achieved 11.3% for a segment gap of 1.8 percentage points. The survivorship biases now inherent ...

Lawyer exposes ASIC favours to big players

LAURA MILLAN  |  THURSDAY, 3 APR 2014
... Financial Services Association - now rebranded to the Financial Services Council (FSC) - lobbied the regulator to exempt retail funds from revealing fees in the online superannuation calculators. "Starting in 2004 IFSA aggressively lobbied ASIC to issue ...

Bank complaints over TV ads seek to "stifle" competition: ISA

LAURA MILLAN  |  WEDNESDAY, 2 APR 2014
... Pair' television commercials. ISA deputy chief executive Robbie Campo told Financial Standard that "the bank-owned retail funds are seeking to stifle competition on the basis of net returns." Campo argued that the 'Compare the Pair' campaign informs ...

ASIC to consider complaints about ISA's 'Compare the Pair'

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... South Australia and chair of the PJC David Fawcett talked about "calculations clearly by people who are supporting retail funds where they show that a retail fund's performance for a given set of conditions clearly exceeds that of the average industry ...

CBA asks Murray inquiry to remove super from awards

LAURA MILLAN  |  TUESDAY, 1 APR 2014
... depending on the sector they belong to. There are 122 modern awards and each one involves a different review process. Retail funds with MySuper products are entitled to apply to be included in the lists, but industry funds dominate the selection as the ...

QSuper unveils 'industry first' lifecycle product

JAMES FERNYHOUGH  |  THURSDAY, 27 MAR 2014
... country." QSuper is one of the few not-for-profit funds to adopt a lifecycle MySuper option. However, about half of all retail funds offering a MySuper option have adopted a lifecycle approach. The new strategy will be launched in May, and will apply ...

Industry funds spend millions on advertising

JAMES FERNYHOUGH  |  MONDAY, 24 MAR 2014
... spent $3.06 million. While the figures for the industry funds represent total advertising expenditure, those for the retail funds only represent a fraction of what the overall institutions spend. According to the Australia Institute, in 2012 CBA's total ...

CFS outlines post-awards plans

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... adviser thus avoiding potential conflicted advice issues." Speaking more broadly about the awards system, she said retail funds like hers have "no standing" with the Fair Work Commission. "The only ones that do have standing with the FCW are the employer ...

Treasury Group's FUM up on retail inflows

ALICE URIBE  |  TUESDAY, 25 FEB 2014
... Treasury Group, which had a 42% stake in Orion, the decision was led by Orion's own management team. The aggregated net retail funds inflow from RARE, IML and Celeste for the six-month period ending 31 December 2013 totalled $385 million, compared to ...