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Showing 591 - 600 of 6726 results for "Benchmark"

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... fees, our FirstChoice Employer Super Lifestage fund has narrowly missed the Your Future, Your Super performance test benchmark," a spokesperson said. CFS has made multiple fee cuts in recent years, including for the legislated removal of grandfathered ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... components: average investment returns (net of investment costs and taxes) for the last eight financial years versus a benchmark, and the administration fees for the last financial year versus a benchmark. If on adding the two numbers, the fund slips ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... markets. "Unfortunately, with a dynamic asset allocation, we were and are benchmarked against a static asset allocation benchmark, so it was always going to be difficult for us to pass the performance test," Robertson said. With a significant number ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... could cut its last year of administration fees but lift its investment charges by an equal amount and get a boost to its benchmark score, gaming the test but leaving members paying the same high fees." APRA said funds will be notified of their result ...

IMAP names award winners

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... structure, is model based, has clear discretion held by the portfolio or investment manager as well as an objective and a benchmark.

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

North educational hub registers 5000 users

KARREN VERGARA  |  MONDAY, 23 AUG 2021
AMP North's education hub has clocked up more than 5000 attendees since launching last year. North's virtual educationHUB has held seven education series and over 70 webinars covering more than 25 topics. The topics cover professional and personal development ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
... Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at -$0.4 million and $15.2 ...

Perpetual hires distribution lead, ramps up expansion

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
Perpetual is reaping the benefits of its new acquisitions, hiring a new distribution director to continue its global expansion strategy. Jan Hein Alfrink joined the offshore business Perpetual Asset Management International (PAMI) this month as director ...

UniSuper moves on climate targets

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The $100 billion superannuation fund is progressing on its commitment to net zero emissions after reducing its exposure to fossil fuels. In latest climate policy update, 40 of UniSuper's top 50 Australian portfolio companies have now set operational ...