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Showing 61 - 70 of 201 results for "Rainmaker Data"

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... years to June end, compared to the median workplace MySuper product's 8.9% return for the period, according to Rainmaker data. Commonwealth Bank's annual results announced last week showed that wealth management, which is made up of superannuation, investment ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... aligned AMP advice network, based on the quality and professionalism of the advisers, De Ferrari said. According to Rainmaker data, AMP and its aligned dealer groups was home to 2358 financial advisers as at June end. While De Ferrari said it is not ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds under administration in trusts, wraps and selected managed accounts platforms increased 3% over the period - ...

Vanguard lowers fees

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... reduction of four basis points - that brings the revised management fee for the ETF to 0.10% per annum. According to Rainmaker data the SPDR 200 Fund was the largest ETF in Australia by funds under management at the end of March - with a total of $3.57 ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
... impacting the industry at present such as education standards and changes to advice remuneration. For context, Rainmaker data shows in the three years to December 2018 about 7000 new advisers registered. The lion share of these went to smaller, boutique ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... requirement. As at January this year, just 28 of the 82 super funds offering a MySuper product fit the bill, according to Rainmaker data. ASIC intends to review its default fund arrangements every four years.

Sunsuper, corporate super fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2019
... the time of merging, CBH Super had about 1300 members and $300 million in funds under management. According to Rainmaker data, its MySuper product held about $14 million as at December 2018 and, in the 12 months previous, achieved a rate of return of ...

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... divested from seven companies who had all-male boards, and all of those companies were based in Japan. According to Rainmaker data, Future Super has about $336.9 million in funds under management with just over $81 million of that invested in international ...

Corporate super fund names new chair

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... corporate super fund has about 99,010 members with an average account balance of $212,323, according to September 2018 Rainmaker data.

Super fund awards $50m mandate

KARREN VERGARA  |  MONDAY, 29 APR 2019
... with WA Super and Statewide Super after a spokesperson confirmed the talks with Financial Standard. According to Rainmaker data, the merger would create a $24 billion super fund serving more than 380,000 members.