Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 662 results for "Retail funds"

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... possible 100. Ethos CRS analysed 80 different documents published online by the 10 largest industry funds and 10 largest retail funds. The documents looked at were the funds' product disclosure statements, financial services guide, annual reports, and ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees of industry and retail funds) and focused on conduct during the time of increased market volatility arising from the COVID-19 pandemic. The surveillance ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... MySuper product now charges 1.08%, down from 1.13% the previous year. The total expense ratio for not-for-profit and retail funds is now 1.07% and 1.08%, respectively. There is also no difference in the total fee ratio for single strategy and lifecycle ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the largest super funds - AMP, BT, Colonial First State, Commonwealth Super Corporation ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... published their voting records. Industry super funds (59%) led the charge, followed by public sector funds (18%), retail funds (14%) and corporate funds (9%). Six of the largest super funds - AMP, BT, Colonial First State, Commonwealth Super Corporation ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... just one year. On Wednesday, ISA said the move means 13 out of the 20 biggest benefactors of admin fee change are retail funds. Three are industry funds (Prime Super, TWU Super and Energy Super), while the remaining are corporate funds. By sector, retail ...

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 ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... only hold 41% of the ASX come 2030. As at March 31, they held 37%. This is split across not-for-profit funds (13%), retail funds (9%) and smaller funds or self-managed super funds (15%). Rainmaker executive director of research Alex Dunnin said the change ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... whopping 50%, dropping to $52 per year from $104. ISA said the administration fees are "huge performance generators" for retail funds, and the test now favors the segment. It also said the letter that failings funds must send to their members has been ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... last June), followed by public sector funds at 79.7% (up from 72.1%), industry funds at 72.3% (up from 64.1%), and retail funds 67.8% (up from 58.1%). In industry funds' satisfaction ratings, HESTA was followed by AustralianSuper, UniSuper and Cbus. ...