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Showing 411 - 420 of 819 results for "Retail fund"

Funds return 11% in May

STAFF WRITER  |  MONDAY, 7 JUL 2014
The SelectingSuper Workplace rolling 12 month default option index increased marginally during May to return 11.3% compared to 11.1% at end April. At end December it was 16.1%. Three year super fund average annual returns are 8.8% pa, five year average ...

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
Citi is offering to white label its retail banking services for industry super funds as a way of stemming the outflow to retail funds and self-managed super funds (SMSFs), Financial Standard can reveal. In what could prove a lifeline to industry funds ...

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
... that 55.8% of industry fund members were satisfied with their fund's financial performance, compared with 53.7% of retail fund members. Self-managed super fund members were by far the most satisfied, at 75.6%, followed by public sector funds, at 65.5%. ...

Retail fund members most unsatisfied: Roy Morgan

JAMES FERNYHOUGH  |  WEDNESDAY, 2 JUL 2014
... that 55.8% of industry fund members were satisfied with their fund's financial performance, compared with 53.7% of retail fund members. Self-managed super fund members were by far the most satisfied, at 75.6%, followed by public sector funds, at 65.5%. ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in ...

Super returns dampen but still double digit

STAFF WRITER  |  MONDAY, 2 JUN 2014
The SelectingSuper Workplace rolling 12 month default option index dampened further during April to return 11.1%, down from 12.6% at end March, 12.8% at end February which was up marginally from 12.5% at end January. According to the figure at end December ...

Don't be afraid of sales, industry funds told

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Industry superannuation funds must embrace a sales culture if they are to compete with retail funds in an increasingly open market, according to Metta Group director and AustralianSuper consultant Clive Wilkinson. Speaking to an audience of not-for-profit ...

CBA, CSSA promote FoFA legal loophole

JAMES FERNYHOUGH  |  MONDAY, 19 MAY 2014
Corporate super specialist advisers have found a legal loophole that could allow them to maintain a business model that has been banned under the Future of Financial Advice (FoFA) legislation. The loophole, as described by Commonwealth Bank of Australia ...

Industry funds must learn from banks: Equip

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
Industry funds must learn from banks on areas such as customer relations, branding and diversifying their offerings beyond super if they are to access retail members and build their member bases, according to Geoff Brooks, executive officer of strategic ...

Super on track for double-digit year

ALEX DUNNIN  |  MONDAY, 5 MAY 2014
The SelectingSuper Workplace rolling 12 month default option index dampened slightly during March to return 12.6%, pointing to 2013-14 being on-track to be another double-digit performance year. The March 12 month performance figure is, however, down ...