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Showing 21 - 30 of 30 results for "APRA figures"

Super assets reach $1.32tr

MICHELLE BALTAZAR  |  THURSDAY, 10 MAR 2011
... cent last year to reach $1.32 trillion, with self-managed super funds accounting for the largest slice of the pie, APRA figures show. Prudential regulator APRA today released its quarterly superannuation performance figures. The statistics are aimed ...

Govt to offer more choices on FHSAs

RUTH LIEW  |  THURSDAY, 7 OCT 2010
... are taxed at 15 per cent and withdrawals are tax-free where they are used to purchase a first home. According to APRA figures, the number of FHSAs have risen from 15,300 in September 2009 to 22,600 in June this year. The total balance of these accounts ...

MySuper proposal ignites storm

ALEX DUNNIN AND RUTH LIEW  |  THURSDAY, 15 APR 2010
... interpreted as anti-competitive. Because of this, it is unlikely to gain Coalition support in the Senate. According to APRA figures, MySuper could decimate the current structure of the super fund industry as 35 of the 70 currently operating industry ...

Super assets reach $1.23 trillion

APRA RELEASE  |  THURSDAY, 11 MAR 2010
Another quarter, another $39 billion. The latest APRA figures show that the superannuation industry continues to grow - but some funds have done better than others in the three months to December. Over the December quarter, the assets of industry funds ...

Legalsuper member contributions rise

COMPANY RELEASE  |  TUESDAY, 2 MAR 2010
... Legalsuper has seen its voluntary member contributions increase by 6 per cent for the previous year - a stark contrast to APRA figures that show contributions plummeting almost 40 per cent across the industry over the same period. In total, legalsuper ...

Contribs rate during GFC still 23 pct

ALEX DUNNIN  |  THURSDAY, 11 FEB 2010
... be easily dismissed especially after taking into account what is known as the 'savings substitution effect'. The APRA figures also lend weight to speculation as to why the government is relying on the Henry Tax Review for recommendations regarding changes ...

Contributions surge to 25pc of wages

ALEX DUNNIN  |  FRIDAY, 13 MAR 2009
... money Australians are contributing into their super funds, now running at a quarter of total wages and salaries. APRA figures released this week show that total contributions received by super funds in 2006-07, the year the BetterSuper tax reforms were ...

Capping fees is not the answer

MICHELLE BALTAZAR  |  FRIDAY, 30 JAN 2009
... said. For example, rather than just focusing on the performance data of the top 50 or top 100 funds, Sherry said the APRA figures will also give the public an insight on the performance of the worst performers. "I'm actually quite interested in the bottom ...

Retail fund fights back

MICHAEL HOBBS  |  TUESDAY, 28 OCT 2008
... average retail fund, but the Colonial FirstChoice - Growth fund actually tracked close to the industry fund average. APRA figures from 2006 showed the retail weighted average expense rate was 1.88 per cent, 75 basis points more than the industry fund ...

30 million super accounts and climbing

ALEX DUNNIN  |  FRIDAY, 21 APR 2006
... Chartered Accountants of Australia (ICAA) that found multiple accounts are a real problem for consumers. Based on the APRA figures, however, it seems the even ICAA survey dramatically underestimates the problem.
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