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Showing 41 - 50 of 116 results for "Retirement funds"

AustralianSuper hits the $100bn mark

ALEX BURKE  |  MONDAY, 11 JUL 2016
AustralianSuper's retirement funds under management have reached $100 billion for the first time. Australia's largest super fund attributed this to new members and reduced costs. Furthermore, the fund's scale has allowed it greater direct investment ...

Not-for-profit fund buys StatePlus

MARK SMITH  |  MONDAY, 23 MAY 2016
... scale to maximise retirement income for our members." The combined business will administer over $21 billion in retirement funds with over 200 financial planners located in metropolitan and regional centres throughout Australia. "For now it is business ...

SME owners urged to streamline their retirement exit strategies

WHITNEY FITZSIMMONS  |  WEDNESDAY, 6 APR 2016
... and exit strategy in place. Specialist SME business consultancy GSE says for business owners wanting to pad out retirement funds, a strategic succession and exit plan is critical. GSE managing director Paul Leach said: "Australia is getting older, and ...

AMP Capital appoints multi-asset portfolio manager

MARK SMITH  |  MONDAY, 8 FEB 2016
... diversified strategies team. Beesley will be responsible for developing and managing AMP Capital's new range of retirement funds, which will be launched this year. He will also assume responsibility for a number of liability-driven investments and report ...

Statewide appoints new chief executive

DARREN SNYDER  |  TUESDAY, 6 OCT 2015
... leveraging the organisation's significant strengths in the marketplace." Statewide manages more than $6 billion in retirement funds for more than 145,000 members, located predominantly in South Australia and the Northern Territory.

Retail funds recommending advice fee rates

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
... 0.55% while portfolio advice fees may be up to 1%. Both types of fee will typically be higher for personal and retirement funds. "The range of embedded adviser fees averaging an upper limit of 0.55% matches the trail commission estimate used by Rainmaker ...

Super fees almost halved in five years

MARK SMITH  |  MONDAY, 28 SEP 2015
... nevertheless variations across market segments. Workplace TERs averaged 1.22%, personal funds stood at 1.75% and retirement funds have an average TER of 1.63%. SMSFs have by far the cheapest headline fee rate at 0.8%. There are also variations in average ...

UK moves away from annuities: research

DARREN SNYDER  |  TUESDAY, 22 SEP 2015
... can produce the same outcome with less risk and lower costs, it may be appropriate for at least part of their retirement funds. "One of the biggest challenges with drawdown is where to invest the residual fund to achieve the required balance of return ...

Super fund members switching at record rates: research

DARREN SNYDER  |  MONDAY, 6 JUL 2015
... account. Members' overall satisfaction ratings declined industry wide with less confidence in the manager of their retirement funds to provide direction and reassurance about individual retirement situations. The report said many self-managed superannuation ...

Australians wary of new investments: Legg Mason

DARREN SNYDER  |  TUESDAY, 28 APR 2015
... their biggest concern was not saving enough for retirement. A further 32% were concerned about outliving their retirement funds. The average age of Australians surveyed was 54, compared to 49 globally. The 200 Aussies also had an average of about $1.1 ...