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Showing 431 - 440 of 664 results for "Retail funds"

Super funds urged to disclose director and exec pay

BEN COLLINS  |  WEDNESDAY, 16 MAY 2012
... disclosure to consumers, said Reynolds. Under the FSC guidelines, only remuneration paid from the trusts of many retail funds will be disclosed to members. Yet in many cases, this remuneration was "peanuts" compared to the remuneration some directors ...

Retail funds in ACTU's sights

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
... to reveal related party fee details if a union push on disclosure succeeds, in a move likely to hit bank-aligned retail funds. The policy on retirement income and superannuation, due to be signed off at the ACTU Congress in Sydney this week, calls on ...

MySuper consultation draws focus on divisions

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
... changes and that the association will be closely looking at the new requirements to ensure the structure of many retail funds does not allow them to avoid intended disclosure obligations. "In terms of how these changes may affect director and executive ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
... meaning that only not-for-profit funds would be hit by the changes. This is because the reforms would be irrelevant to retail funds because their funds are in legal terms structured as products for which the sponsoring wealth management group appoints ...

Default super in modern awards justified: Cbus

MELANIE TIMBRELL  |  MONDAY, 16 APR 2012
... levels of cover for death and TPD without underwriting or questions around occupation - in stark contrast to most retail funds that require underwriting or specific and detailed medical questionnaires to be completed." "Cbus also has a strong philosophy ...

Large funds outperform: APRA

ALEX DUNNIN  |  TUESDAY, 27 MAR 2012
... expenses," noted the study's author, Dr James Richard Cummings. But while no scale relationship was confirmed among retail funds, the APRA study reinforced concerns that in that sector the scale effects are dysfunctional. "To the contrary, larger retail ...

Retail trumps wholesale in managed funds

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
Unitised wholesale funds have dropped 9.3% over the year against a 5.1% decline in retail funds under management, on the back of nervous investors and volatile markets. The latest analysis on the managed funds market from Plan for Life Actuaries identifies ...

Disclosure requirements under industry scrutiny

ELISE BURGESS  |  MONDAY, 12 MAR 2012
... new FSC policy on disclosure of remuneration will actually lead to any more disclosure given that most directors of retail funds would appear to be exempt from their own policy, because of the caveat that disclosure of remuneration is only applicable ...

Total super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
... December quarter at 2.1 % to $205.2 bn, following by industry funds with a 2 % hike putting total assets at $246.7 bn. Retail funds' assets grew by 1.6% to $358.1 bn, while corporate assets were down.7% to $53.5bn. The December quarter saw industry funds ...

Super funds still shunning women trustees

RACHEL DAVIS  |  THURSDAY, 8 MAR 2012
... composition of hundreds of super funds and found that just 19% of trustees of not-for-profit funds are women. For retail funds the proportion of trustees who are women is even less, though trustee companies overseeing retail funds do not disclose this ...