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

Search Results

Showing 361 - 370 of 821 results for "Retail fund"

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Murray slams "silly suggestions"

MARK SMITH  |  TUESDAY, 11 AUG 2015
David Murray, chair of the Financial System Inquiry, has stirred the debate around super board independence, saying it has deteriorated into a "set of silly suggestions." In his final FSI report, Murray recommended that super funds appoint a majority ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
Industry Super Australia (ISA) has warned that the government's proposal to remove equal representation in super fund boards "is radical" and constitutes the most significant change to the system since its inception. "There is a real risk that importing ...

Adviser input key to super fund switch: report

LAURA MILLAN  |  THURSDAY, 9 JUL 2015
... up an SMSF, 71% had sought guidance from financial planners or accountants. Only 43.3% of those moving to a major retail fund used a professional for advice and industry funds were below both these groups with only 13.2% getting advice from a professional. ...

Super fund members switching at record rates: research

DARREN SNYDER  |  MONDAY, 6 JUL 2015
Australians are paying attention to the superannuation conversation with new data showing super members are switching funds at a level not seen since 2010. Eleven per cent of super members switched funds last year, up from 9% in 2013. About 5% are intending ...

WaveStone to manage long-only mandate for Mercer

LAURA MILLAN  |  MONDAY, 6 JUL 2015
Boutique equities manager WaveStone Capital won its first long-only Australian equities mandate with Mercer. The mandate is effective as of this month and it represents a milestone for WaveStone, which is part of Fidante Partners, the boutique funds ...

Australian Ethical to list on mFunds platform

DARREN SNYDER  |  FRIDAY, 3 JUL 2015
Australian Ethical Investment has lowered the minimum investment amount for its retail funds and will soon list many of its products on the ASX mFunds A platform. Among a raft of changes, Australian Ethical has also expanded its product suite by launching ...

Boutique to manage $150m for NZ Super

LAURA MILLAN  |  THURSDAY, 2 JUL 2015
A boutique fund manager has been awarded a $150 million active equities mandate by New Zealand Superannuation Fund (NZ Super). Mint Asset Management will manage the active New Zealand equities mandate on behalf of NZ Super, which currently has $1 billion ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...