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Showing 561 - 570 of 820 results for "Retail fund"

Retail funds narrow satisfaction gap

ALEX DUNNIN  |  THURSDAY, 18 AUG 2011
... surprisingly similar between retail and industry funds but the onset of the financial shake-out impacted confidence of retail fund members much more than for industry fund members. Rainmaker analysis of the Roy Morgan satisfaction figures found that ...

In defence of superannuation

ALEX DUNNIN  |  MONDAY, 15 AUG 2011
Superannuation funds earning nearly 7% per annum over the past 20 years has forced minister Bill Shorten to defend the system itself while arguing why lifting SG from 9 to 12% is still a good idea. Speaking on ABC TV's Insider's program yesterday, Minister ...

Market plunge exposes system weakness: Cooper

MATT WOODINGTON  |  MONDAY, 8 AUG 2011
Friday's 4% stock market fall, which caused more than $20 billion to be wiped from superannuation account balances, further exposed Australia's over reliance on equities in retirement, said Jeremy Cooper, Challenger's chairman, retirement incomes. Superannuation ...

AUI expands with property fund acquisitions

ELISE BURGESS  |  MONDAY, 8 AUG 2011
Australian Unity Investments has picked up three unlisted property funds, with over $430 million in FUM, as part of its property growth strategy to build its retail funds business. Australian Unity Investments (AUI) has entered into an agreement with ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Industry super funds have increased their emergency reserves since the global financial crisis but the uptake has been patchy with some funds having no buffer at all, new research has found. Deloitte Actuaries and Consultants scrutinised 65 industry ...

Intrafund advice a sticking point for Stronger Super group

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
... questions became more complex then members should be referred to a planner for fee-for-service help. Whiteley said the retail fund sector had resisted the idea. The Financial Services Council, which represents the retail fund sector, could not comment ...

Government takes no sides in industry-retail super split

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The Federal Government said today it is not leaning one way or the other on the split between retail and industry funds on super fees. Paul Costello, chairman of the Stronger Super Peak Consultative Group last week handed Assistant Treasurer Bill Shorten ...

Fund manager recommends less defensive retirement

MATT WOODINGTON  |  WEDNESDAY, 27 JUL 2011
... income streams become a rising priority and funds attempt to dissuade members from removing a lump sum or heading to a retail fund upon retirement. Educating members is an important element, according to Debby Blakey, executive manager, member advice ...

Improved governance called for all round

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
Several large superannuation funds last week demanded improved corporate governance in the wake of the News Corporation scandal, but both the Australian Institute of Chartered Accountants and the Australian Institute of Company Directors have said the ...

Industry brawl erupts over super network ads

ALISON BEVEGE  |  FRIDAY, 15 JUL 2011
Financial service industry feuds erupted again today as the Financial Planning Association fired a shot across the bow of the Industry Super Network over an advertising campaign that it believes harms financial planners. The print advertisements allege ...