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

Search Results

Showing 381 - 390 of 818 results for "Retail fund"

Perennial Australian equity trust rated by Lonsec

MARK SMITH  |  WEDNESDAY, 3 DEC 2014
Perennial Value's Wealth Defender Australian Shares Trust has been given a "Recommended" rating by Lonsec. The rating follows an earlier 'Recommended' rating from Zenith Investment Partners. The Wealth Defender trust is listed on the BT Wrap, Asgard ...

AllianceBernstein hires Australia retail sales manager

STAFF WRITER  |  TUESDAY, 2 DEC 2014
AllianceBernstein has appointed a national retail sales manager in Australia to support the growth of its retail channel. Ben Moore will be responsible to drive AllianceBernstein's retail sales strategy as the company continues to expand its offering ...

Super returns dip in September quarter

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
Super funds saw a further dip in returns in the September quarter, on average falling by between 60 and 80 basis points compared to the June quarter, according to the second batch of MySuper statistics released by the Australian Prudential Regulation ...

Industry bodies must avoid duplicating work: ASFA

JAMES FERNYHOUGH  |  MONDAY, 24 NOV 2014
... represents all APRA-regulated funds. It therefore rises above the often heated disagreements between the industry fund and retail fund sectors. "We are the hedge. We must set public policy in the best interest of fund members. That's our job." She said ...

Super sets sights on $2tr

ALEX DUNNIN  |  THURSDAY, 20 NOV 2014
Superannuation assets climbed 10% in the 12 months to end September 2014 to reach $1.871 trillion and are on track to break the $2 trillion barrier by March next year. MySuper accounts for 33% of institutional super funds surveyed by APRA or $375 billion ...

Retail fund members most likely to establish SMSFs

LAURA MILLAN  |  THURSDAY, 6 NOV 2014
... most likely group to switch to self-managed super funds (SMSFs), according to CoreData research. As many as 4.8% of retail fund members are likely to set up an SMSF in the next 12 months, and 17.8% are likely to do so in the next five years, CoreData's ...

Super returns dip to 9.0 pct

STAFF WRITER  |  TUESDAY, 4 NOV 2014
The SelectingSuper MySuper (ie Workplace) rolling 12 month performance index fell sharply during September to return 9.0% compared to 11.1% at end July and 10.6% at end June. Three year super fund average annual returns are, however, higher at 11.7% ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
Three major retail superannuation funds have rejected claims that they are relying on passive investment strategies to keep MySuper product costs down, confirming they have a significant allocation to active managers. Colonial First State head of investment ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...