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Showing 441 - 450 of 820 results for "Retail fund"

Retail funds close member satisfaction gap

JAMES FERNYHOUGH  |  FRIDAY, 31 JAN 2014
... industry funds on average scoring 1.4% higher than retail funds. A year ago the difference was almost 8%. Of the big five retail fund providers (the big four banks plus AMP), AMP scored lowest at 46.4%, followed by ANZ. Public sector funds, meanwhile ...

Lifecycle the future of pensions globally: Mercer

JAMES FERNYHOUGH  |  FRIDAY, 24 JAN 2014
Lifecycle strategies are the future of both retail and industry superannuation, despite the latter so far favouring the static strategic asset allocation (SAA) for their MySuper options, according to Mercer senior partner Graeme Mather. Researched released ...

Retail funds favour lifecycle MySuper options

JAMES FERNYHOUGH  |  THURSDAY, 23 JAN 2014
... regardless of age. However, of the 27 retail funds with MySuper products, 14 have gone for the lifecycle model. One such retail fund is Colonial First State. Its MySuper option, FirstChoice Lifestage, divides its members into 11 five-year cohort. Each ...

Retail super members more likely to switch funds

JAMES FERNYHOUGH  |  TUESDAY, 14 JAN 2014
... switching funds was also due to greater levels of engagement with their super than industry fund members. Overall, 6.7% of retail fund members said they were likely to switch funds over the next 12 months, compared to 4.8% of industry fund members.

FSC questions pertinence of APRA super stats

JAMES FERNYHOUGH  |  MONDAY, 13 JAN 2014
The Financial Services Council (FSC) has questioned the pertinence of figures released by the Australian Prudential Regulation Authority (APRA) last week that show the investment returns of not-for-profit superannuation consistently outperforming those ...

Retail funds top super rankings survey

JAMES FERNYHOUGH  |  FRIDAY, 6 DEC 2013
Roy Morgan has released research in which it gives 20 superannuation funds a "consumer brand ranking", using the affluence of members as a central criterion for the fund's overall ranking. Retail funds heavily dominate the top ten, with CBA, Mercer ...

Industry and retail fund mergers on the cards

JAMES FERNYHOUGH  |  WEDNESDAY, 4 DEC 2013
... not name any names. However, Ian Silk, chief executive of Australia's largest industry fund AustralianSuper, said retail fund mergers were not on the horizon for his fund for "a couple of reasons". "The first is that if we were to purchase them, it would ...

Super returns climb to 16.1pct, ahead of pre-GFC glory days

STAFF WRITER  |  TUESDAY, 3 DEC 2013
Super fund returns for the 12 months to end October have jumped to 16.1% reveals latest figures from the SelectingSuper workplace rolling 12 month default option index. The improvement means super funds are delivering their best returns in three and ...

ISA and FSC clash over super in awards debate

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
The industry superannuation sector has spoken out against the government's plan to change the industrial awards system, following the release of a discussion paper by Assistant Treasurer Arthur Sinodinos yesterday. By opening up the process - and potentially ...

Performance, fees still major retention risk

ALEX DUNNIN  |  FRIDAY, 29 NOV 2013
... for industry fund members changing employers, 48% said it was the main reason they switched funds compared to 33% of retail fund members who switched. Concerns over performance was meanwhile the major reason people set up a self - managed super fund ...