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Showing 51 - 60 of 110 results for "NFP"

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... under, lifecycle strategies outperformed the single strategies. In terms of retail versus not-for-profit MySuper products, NFP continues to dominate the default sector with an 83% market share - a position that remains unchanged since March 2017. NFPs ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... retail superannuation funds and their respective life insurers, Rainmaker research found the gross five-year payout ratio for NFP funds was 51%, while retail funds recorded a 41% margin. AMP Super topped the ladder, raking in $4.7 billion in premiums ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
The value of financial advice provided via not-for-profit superannuation funds should not be tainted as a result of discussions about dismantling vertical integration. This is according to Industry Fund Services chief executive Cath Bowtell, who said ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... Superannuation Trustees chief executive Eva Scheerlinck said the post-Royal Commission world presents a real opportunity for NFP funds to educate the wider public about their benefits and the difference they bring to members' retirement. Citing APRA ...

Perpetual announces Fulbright scholar

KANIKA SOOD  |  MONDAY, 4 MAR 2019
... make tax-free donations. It currently has $51.2 million. It scholarship enables an emerging leader in the not-for-profit (NFP) sector undertake a program of research and/or professional development in the US with an approved US charitable organisation ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... not-for-profit funds leading to their investment fees jumping an average of 50% which had the effect of neutralising the fee advantage NFP funds once had over retail funds." For a retail super sector already reeling from the Royal Commission fallout ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... mostly discredited in a report subsequently issued by ASIC in July that acknowledged it unfairly penalised not-for-profit (NFP) funds. Still, an estimated $2.2 billion in the total fees paid increase is attributable to these changes, of which $2 billion ...

Charity comparator to launch premium service

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... set to launch a premium vetting service for wealthy donors. The Impact Suite collects data on about 56,000 not-for-profits (NFP) and charities. The free version launched in July, after two years of groundwork. It has been receiving 500-800 hits a week ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... funds; no retail funds currently disclose their equity holdings. In regards to holdings, the top international stocks held by NFP super funds are: Samsung, Alphabet, Facebook, Amazon, Tencent, Microsoft, Visa, Taiwan Semicon, Alibaba and Nestle. "International ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... of protection, she said, adding AIST will firmly advocate this stance to the Royal Commission, regulators and parliament. NFP funds have had to "staunchly" defend themselves and be on the offensive for far too long against numerous criticisms, yet manage ...