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Showing 81 - 90 of 639 results for "Retail funds"

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... their retail counterparts in the year to August by 0.6 percentage points. In the month of August however, default retail funds edged out NFP funds according to Rainmaker's index: 2.1% versus 1.7%. The research house named Vision Super as the top-performing ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... over the last 28 years or so under a system that has operated as "one big silo". The Hayne Royal Commission exposed retail funds acting in their best interest, while the COVID-19 crisis showed industry funds acting and furthering in their own self-interest ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
Customer satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... are less bullish and it would be fair to say looking forward generally there is pervading air of uncertainty." The retail funds that experienced significant increases were IOOF at 85.3%, Netwealth at 33.9% and HUB24 at 33.7%. Interestingly, the lowest ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... Liberal Party of using the committee to wage an ideological war against super, saying it was clear by the fact no retail funds were called to appear. In fact, AMP was called to appear and will do so later today but Leigh said it wasn't good enough that ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... behalf of its owner, Cromwell Property Trust (C12), with the sale expected to settle in mid-December. Cromwell head of retail funds management Hamish Wehl said the sale was a fantastic result for shareholders. "The sale price is an exceptional outcome ...

ATO clarifies part disposal rules: DomaCom

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... sold to DomaCom's Senior Equity Release giving cash to the superannuation member whether it be SMSF, industry or retail funds. "For investors, DomaCom's Senior Equity Release delivers 3% income plus capital growth and may suit SMSFs in accumulation mode ...

Warakirri launches retail funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Melbourne's Warakirri Asset Management has launched new retail funds from its freshly-minted partnership with Northcape Capital. Warakirri is launching a new global emerging markets fund that invests in 20-40 stocks. It is managed by Northcape, whose ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... an investment platform should set their salary expectations at between $190,000 and $230,000. The same role at a retail funds management business could command between $200,000 and $270,000, while those on the insto side should expect anything from $250,000 ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... 72% reported being happy with their fund, versus 65% of those who did not seek guidance. According to Roy Morgan, retail funds saw the biggest increase in ratings, recording a 2.2% rise year on year. However, it did little to boost the retail sector's ...