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Showing 341 - 350 of 387 results for "Retail super"

Planner fees for super advice cost $1.3bn

ISN PRESS RELEASE  |  MONDAY, 19 APR 2010
... reinforce the sovereignty of the consumer." This is in stark contrast to the "opt out" model being championed by retail super funds. Commenting on the research, ISN CEO David Whiteley said proposals by financial planners and retail funds to replace commissions ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... currently operating industry funds have less than $1 billion in assets, as do 15 of 33 public sector funds and 210 of 290 retail super funds. Merger requirements based on fund size would also face Constitutional challenge as many super funds created ...

Not-for-profits still beat retail: APRA

ALEX DUNNIN  |  WEDNESDAY, 24 MAR 2010
APRA has released its second round of fund level 'whole of fund' return on assets figures again showing retail super funds to have significantly underperformed their not-for-profit rivals in the five years to June 2009. The regulator's move to press ...

AMP and AXA SA propose final offer

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
AMP and AXA SA have sweetened the bid for AXA Asia Pacific, increasing the cash component of the proposal in a move that the firms said is their best and final offer. The revised proposal means AXA Asia Pacific's minority shareholders are being offered ...

Planners should be fiduciaries: IFSA

ALEX DUNNIN  |  THURSDAY, 19 NOV 2009
... obligations between a financial planner, the client, and have a third party which is a product provider such as a major retail super fund paying commissions or rebates or volume rebates or asset based fees or in fact any other incentive," said Whiteley. ...

AMP circles AXA Asia Pacific

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
AXA Asia Pacific independent directors have rejected AMP's $4 billion bid for AXA's Australian and New Zealand businesses, creating the first hurdle in a landmark deal that could, if it goes through, create a new Australian insurance and financial planning ...

Fund calculator rules to be relaxed

ALEX DUNNIN  |  THURSDAY, 22 OCT 2009
ASIC has proposed a relaxation of the advice rules around superannuation benefit calculators for super funds, allowing them to more easily give their members indications about whether their super savings are on track.The regulatory relief proposals ...

Aviva SMA attracts $10m in six weeks

COMPANY RELEASE  |  THURSDAY, 22 OCT 2009
Aviva's separately managed account (SMA) has attracted nearly $10 million in financial planning client investment after six weeks. The Aviva SMA is available on more than 20 dealer groups and over 50 financial advisers have used the structure for client ...

OAMPS signs on Money Solutions

RUTH LIEW  |  FRIDAY, 16 OCT 2009
Retail super fund OAMPS Super has appointed Money Solutions as its financial advice provider. OAMPS, which had $224 million in funds under management at the end of June according to Rainmaker Information, started the new financial planning service arrangements ...

Switching super funds on the rise: survey

MICHAEL HOBBS  |  WEDNESDAY, 16 SEP 2009
... members that said they would definitely change fell by 1 per cent to 2 per cent. It's a similar trend across active retail super fund members. The number of survey respondents thinking of switching also increased 7 per cent to 24 per cent but the number ...