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Showing 21 - 30 of 662 results for "retail funds"

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
... introduced in October 2021. This was established to ensure that responsible entities holding substantial crypto assets in retail funds comply with specific investor protection rules. Prior to the launch of IBTC, Australian investors could only access ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... institutional investors and other intermediaries worldwide. Before joining Macquarie, Murphy worked in the local retail funds business at Deutsche Bank and worked across product development and marketing roles at Prudential and Citibank. Insight Investment ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... higher levels of cover for most members. This ranges from $152,500 for members aged 20 to $24,800 for those aged 65. Retail funds had similar or lower offerings, ranging from $127,800 at age 20 to $16,300 by age 65. Rainmaker also found that standard ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... charging as much as $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." SMC has now picked up where AIST left off, renewing the call for government to extend the laws to prevent advisers ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
... 10.9% p.a. Across the sectors, industry super funds lead the pack by leaping 17% year on year to hit $1.3 trillion. Retail funds grew 11% p.a. to $735 billion, while public sector funds grew 9% to $542.1 billion. Self-managed super funds (SMSFs) grew ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... respectively. Out of the industry funds, Prime Super charges the highest admin fee at over 0.70%. It is followed by retail funds OneSuper (Diversa) at about 0.65% and smartMonday at 0.60%. Rife competition among funds is expected to put even more downward ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... products, 72 (44%) are workplace products, 50 (30%) are retirement products, and 42 (26%) are personal products. Retail funds accounted for 29% of the AAA products, meanwhile not-for-profit funds constituted the lion's share at 71%, including 85 products ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier demographic base, and the ability to invest ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... even more expensive, the research house added. This likely explains why only 3% of retirement assets across NFP and retail funds are held in annuities, even when they're treated so favourably within the Age Pension Asset Test. This rises to just 6% when ...