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Showing 551 - 560 of 820 results for "Retail fund"

Union members an industry fund minority

ALEX DUNNIN  |  FRIDAY, 4 NOV 2011
There are three times as many people in industry funds as there are union members, showing that industry funds should no longer be identified as union superannuation funds. The Qantas industrial dispute has ignited interest in Australia's industrial ...

BT, MLC rocket up the super charts

ALEX DUNNIN  |  FRIDAY, 14 OCT 2011
BT and MLC have shot up in the performance satisfaction retail standings thanks to huge lifts in the proportion of their satisfied customers, according to Roy Morgan's latest Superannuation Satisfaction Report. The report is based on interviews with ...

Advance sells management of $650 million retail funds

MATT WOODINGTON  |  MONDAY, 10 OCT 2011
Equity fund manager Maple-Brown Abbott has acquired the management rights for two of its Australian retail funds with over $650 million in combined funds under management from Advance Asset Management. Maple-Brown Abbott (MBA) has appointed Ironbark ...

Aust equities drive default growth

ELISE BURGESS  |  MONDAY, 10 OCT 2011
Australian shares influence 91% of overall default fund returns despite only holding one-third of super fund assets, according to research from SelectingSuper and its research partner Rainmaker Information. The August SelectingSuper crediting rates ...

MLC head calls for truce after laying blame at industry funds door

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
MLC & NAB Wealth group executive Steve Tucker has called for a truce between industry and retail super funds and said the time has come to "compete on substance rather than rhetoric." While largely supportive of the Government's Stronger Super reforms ...

SMSFs feeling the age gap

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
... SMSF members have rolled over from retail and industry funds with an average rollover $236,441. Some 34% are from a retail fund, 29% from an industry fund, 21% from corporate funds while 9% move from a public sector fund. When asked if there was anything ...

Australian Unity revenue reaches $1bn

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
Australian Unity Group reported annual revenue of $1 billion for the first time in its results for the year ending June 30, 2011. The company reported a 34% boost in operating earnings to $31.7 million, while profit after tax grew 50% on the previous ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... Industry funds suffered a 2.9% drop in assets during the three months, down $7.6 billion to $249.7 billion, while retail fund assets fell 0.1%, or $400 million, to $369 billion. Corporate funds saw 4.2%, or $2.7 billion, of their assets lost as the sector ...

PM Gillard: super to support economic stability

ELISE BURGESS  |  WEDNESDAY, 31 AUG 2011
... funds, but what is best for the consumer. "It doesn't matter whether an employee is a member of an industry fund or a retail fund, they deserve good service and real value for money. They also deserve to be placed in a super fund because it is in their ...

NZ Govt to enrol extra 1m into Kiwisaver

ALEX DUNNIN  |  THURSDAY, 25 AUG 2011
The New Zealand Government is proposing to automatically enrol about 1 million employees into their de facto national superannuation scheme Kiwisaver, for an estimated cost to taxpayers of A$600 million. The A$7 billion Kiwisaver scheme that makes up ...