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| | | ... controversy any time soon. Illustrating why the issue is at such a flashpoint, while listed property which is how most retail funds hold their property returned -57 per cent in the twelve months to end February 2009, the Rainmaker unlisted property index ... |
| | | | ... examination by Rainmaker of the revised Awards, which cover 44 Awards due to take effect next year, has found that no retail funds made the grade. Several stand-alone corporate funds were included however. Default fund lists extended to as many as 12 ... |
| | | | ... than the just declaring the unit price, a move that will challenge not for profit funds just as much as it impacts retail funds. Super funds must also ensure these long-term returns are highlighted so members can easily see the information. To help super ... |
| | | | Not-for-profit super funds have consistently beaten retail funds by an average 2.4 per cent per year over nearly a five year period - resulting in some retail funds' members getting around 40 per cent less in their final retirement benefits, new research ... |
| | | | ... established in 2006 and is owned by the Treasury Group. It offers diversified and emerging markets infrastructure funds for retail funds and has recently been appointed to the OneAnswer platform in addition to winning an institutional mandate from Av ... |
| | | | ... 6.7 per cent to $361.3 billion last year. Meanwhile corporate funds' assets fell by 10.1 per cent to $62.1 billion, retail funds' assets by 7.2 per cent to $343.3 billion, public sector funds by 3.9 per cent to $170.6 billion, and industry funds by 0.2 ... |
| | | | ... higher proportion of products switched through financial planners (both tied and independent) are now going to major retail funds and even less to industry funds," they added. While the RMR report notes that industry funds in aggregate are the biggest ... |
| | | | ... means funds have to be planning for adequate retirement income for their members up until age 90," said Weaven. "Retail funds [with excessive fees] are subtracting value from their funds and they are subtracting value from the Australian savings pool," ... |
| | | | ... down 16.6 per cent from the same time last year. "All of the major companies reported significant falls in their retail funds under management over the past year due to the investment markets 'meltdown'," said Plan for Life. The best results were recorded ... |
| | | | ... [retail super funds] underperforming? The analysis we've done says it's asset allocation and fees. For many of the retail funds, there are no default funds, so any analysis which compared retail funds in the default category becomes a meaningless exercise," ... |
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