Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 48 results for "Smart Choice"

Low-cost super awash with inflows

DARREN SNYDER  |  MONDAY, 18 MAY 2015
... superannuation in direct low-fee retail products over the last 12 months. Particularly so at BT Super for Life and ANZ Smart Choice with both recording funds under management growth of more than $1.5 billion in the 12 months to December 2014. Data from ...

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
... ANZ channels. This has been driven by innovations in physical and digital distribution and in advice, including ANZ Smart Choice Super, the new ANZ Grow Centres and the Grow by ANZ app. The divisions cost to income ratio has also fallen 375 bps. Private ...

Retail funds deny relying on passive investment

JAMES FERNYHOUGH  |  THURSDAY, 23 OCT 2014
... points per year over a ten year period." The MySuper product often held up as an example of a passive strategy is ANZ Smart Choice Super, which is the cheapest default product on the market. ANZ would neither confirm nor deny that it used a wholly indexed ...

BT Super for Life launches video member statements

JAMES FERNYHOUGH  |  THURSDAY, 9 OCT 2014
BT Super for Life customers will now receive their annual statement in the form of a tailored video, BT has announced. BT has claimedA the video as "an Australian first" and said members would receive a two-and-a-half-minute personalised video, addressing ...

First hard MySuper APRA data released

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
... together make up half the MySuper market. In the retail sector BT Super For Life has $3 billion, MLC $1 billion, ANZ Smart Choice $960 million, AMP $800 million and CBA Essential Super has $310 million although CFS FirstChoice has $740 million.

Super fees drop as fund war rolls on

LAURA MILLAN  |  MONDAY, 8 SEP 2014
... funds in MySuper," the Financial Services Council (FSC) chief executive John Brogden said. Research found that ANZ Smart Choice Super is currently the cheapest public offer MySuper product in the market, with a 0.6% fee, while ANZ Staff Super is the ...

Advertising won't grow membership, super funds told

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
... cross-selling potential. It found that ANZ has the highest proportion of banking customers who are also members of Smart Choice or OnePath (13.8%), while CBA has 10.9% who are members of either CBA Essential Super or Colonial First State, and NAB and ...

Retail funds also guilty of 'Compare the Pair' vagueness

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... Investments Commission (ASIC) over use of the term 'average' in reference to super funds. Both BT Super for Life and ANZ Smart Choice Super have used the word 'average' in recent advertisements without clarifying exactly what they are referring to. One ...

ANZ wealth division profits up 11%

MARK SMITH  |  THURSDAY, 1 MAY 2014
... claims and lapse experience, with retail lapse rates in Australia declining a further 120 bps across the year. ANZ Smart Choice Super now has over 270,000 customers. According to the announcement, wealth solutions held by ANZ customers are up 10% across ...

HESTA named Super Fund of the Year

ALEX DUNNIN  |  THURSDAY, 21 NOV 2013
... named the Long Term Performance Award winner while the bank MySuper products CBA Commonwealth Essential Super and ANZ Smart Choice Super received Innovation in Technology awards. Elana Rubin and Dr. Thomas Parry were meanwhile inducted into the SelectingSuper ...