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| | | ... Australia but has been rejected. In March 2010 AMP Life applied to have the AMP Superannuation Saving Trust, the largest retail fund in the market, registered as a default fund in the Professional Employees Award to no avail. An AMP spokesperson said ... |
| | | | The flight to safety has returned with fixed income increasing in popularity and mandates flowing to diversified fixed interest, AMP capital said today. Ben Harrop, AMP Capital's Head of Retail Distribution, leads a team that manages $38 billion in ... |
| | | | ... are satisfied with their fund returns, compared to just 52 per cent for industry fund customers and 47 per cent for retail fund customers. Public sector funds however came a close second to SMSFs with a performance satisfaction rating of 68 per cent. ... |
| | | | The Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ... |
| | | | MLC & NAB Wealth increased their funds under management by 6.8 per cent to $121.9 billion in the year to March and added 241 financial advisers to its ever-growing network, according to half-yearly results released yesterday. The National Australia ... |
| | | | Volatility is back in vogue for super fund rolling 12 month returns as they have again fallen back to 5.0 per cent for the 12 months to end March 2011. Three and five year returns are even less impressive at just 1.3 and 2.3 per cent per annum respectively. ... |
| | | | Volatility is back in vogue for super fund rolling 12 month returns as they have again fallen back to 5.0 per cent for the 12 months to end March 2011. Three and five year returns are even less impressive at just 1.3 and 2.3 per cent per annum respectively. ... |
| | | | ... premium buys a member in an average not-for-profit fund up to $250,000 life insurance cover, for a member in an average retail fund it only gets them up to $150,000 cover. Improving the retail super deal 30% would still leave a $55,000 gap in favour ... |
| | | | ... address longevity risk - leaving direct property investment as a natural portfolio fit. Charter Hall's new Direct Retail Fund, launched in February, has already invested $180 million including the $70 million purchase of a shopping centre in Lake Macquarie ... |
| | | | The MoneySmart website, launched this week, has already sparked up old flames between super funds and advisers when the site recommended consumers choose advisers who work on a fee-for-service basis. "In our opinion, the fee-for-service model is generally ... |
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