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Showing 21 - 30 of 639 results for "Retail funds"

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
... that scored relatively higher satisfaction among their peers were HESTA, UniSuper, AustralianSuper and Hostplus. Retail funds declined by 5.6% points to 61.3%. Macquarie Group's retail fund was the only product that bucked the trend, climbing 3.5% points ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... affluent members across all ages among APRA-regulated funds. This suggests that individuals with significant balances in retail funds may have migrated to self-managed super funds (SMSFs), Rainmaker Information said. This is another case study of how ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... Rainmaker Information analysis shows that at their peak, 30 challenger brands tried to take on established industry and retail funds, hitting $3.8 billion in funds under management and capturing 0.12% of the market. At the end of 2022, Rainmaker found ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... charge up to $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." "A typical experience was for a super fund member to be cold called by an intermediary generating business for a financial ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... performing personal super options. Meanwhile, the worst performing personal super options were predominantly from retail funds. Zurich SP - Zurich Managed Growth EF (0.6% p.a.), SSMPPS - Smartsave Balanced (1.5% p.a.) and FirstChoice WPS - FirstChoice ...

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... year prior to 74.9%, although this is still the highest customer satisfaction rating of any super fund category. Retail funds dropped the most, down by 4.9% from the year prior to 61%. Public sector funds' customer satisfaction also fell, diminishing ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Catholic and Superannuation Fund, MLC, Telstra Super and Mine Super. Meanwhile, not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus the latter's -8.9%. Looking at individual asset ...

Super wars not over: Swan

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
... regulatory or political, but competitive. "I think that the competition is not primarily of industry super funds, retail funds, or other funds, as I think we're now officially "frenemies"," she said. "But we're not swimming in our lanes; we're ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... product has higher Mysuper fees of 1.11% ($557.4 pa). Also, Aware Super has fees of 1.34% ($672 pa). Elsewhere, some retail funds are drastically slashing fees. For example, AMP's signature product has just cut its MySuper fees to 0.71%. Rainmaker ...

The first 30 years: Super's biggest changes

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... happened was the exact opposite of what they [the federal government] anticipated, and that was massive flows from retail funds into industry super," he said. "And I think that was the beginning of the end... the end of the story for retail funds started ...