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Showing 641 - 650 of 820 results for "Retail fund"

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
Admin and investment fees charged by major Australian super funds are on par, if not better, than those charged by similar funds in the US, the UK and Japan - but more can be done to lower overall costs to the average fund member, a global study found. ...

Platforms bounce back 7.9 pc

Platform funds under advice jumped 7.9 per cent during the June quarter, recording their first lift in 18 months. The combined platform market at $331 billion is, however, still down 19 per cent from its $410 billion September 2007 peak, noted Rainmaker ...

Ban flipping arrangements: ISN

RUTH LIEW  |  TUESDAY, 15 SEP 2009
Industry Super Network is calling for the immediate ban of 'flipping' - the transferring of members from a wholesale fund to a more expensive personal super product - citing high fees and increased insurance premiums as key problems of the practice. ...

Caveat to APRA data: ASFA

ASFA MEDIA STATEMENT  |  FRIDAY, 21 AUG 2009
Super fund returns data released by the Australian Prudential Regulation Authority yesterday are of "very limited assistance" to consumers, said industry body ASFA. ASFA chief executive Pauline Vamos said that the performance numbers cited by APRA are ...

APRA launches data revolution

ALEX DUNNIN  |  THURSDAY, 20 AUG 2009
... disclosure in Australia to unprecedented levels and in so doing have dismissed most of the criticisms thrown at them by retail fund interest groups and researchers which have long campaigned that the notional returns information will be misleading because ...

Liquidity problem in unlisted assets overstated: RWA

ALEX DUNNIN  |  THURSDAY, 13 AUG 2009
Liquidity is not a problem for most funds with high weightings to unlisted assets because they are protected by strong positive cashflows and most members are in the diversified default option. The criticism against unlisted valuation practices by retail ...

ISN to APRA: get on with it

... APRA's slowness to publish their long awaited 'whole of fund' league tables follows a concerted lobbying campaign by retail fund interest groups who have argued the figures do not reflect member outcomes. However Whiteley dismisses this claim. "Our own ...

NFP super beats retail over 10 yrs

... $9853 better off over five years and almost $25,000 better off over 10 years than if they had invested in a typical retail fund. The research also found, despite the financial crisis, not-for-profit funds had grown more than five per cent per annum over ...

Shift to altern assets fuel valuation concerns: APRA

ALEX DUNNIN  |  FRIDAY, 3 JUL 2009
Rising levels of alternative assets has exacerbated concerns over valuation policies for unlisted assets, according to APRA's latest Insight report. The biggest problem for the regulator is fund reporting cycles being much more frequent than asset valuation ...

Super assets drop to $1.03trn

ALEX DUNNIN  |  FRIDAY, 26 JUN 2009
Super fund assets have fallen to $1.03 trillion at end March 2009, their lowest level since December 2006, according to the Australian Prudential Regulation Authority (APRA). Superannuation assets are now down 17 per cent from their peak of $1.24 trillion ...