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Showing 81 - 90 of 387 results for "Retail super"

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
A retail superannuation fund has taken the top spot in a comprehensive member satisfaction and experience survey, bumping off AustralianSuper from the top. Colonial First State has regained the top spot in the Forrester Research's 2020 Australia ...

AMP tops worst-performing super funds list

KARREN VERGARA  |  TUESDAY, 22 SEP 2020
Retail superannuation funds provided by AMP and OnePath continue to charge high fees and deliver poor returns for members, the latest Fat Cat report shows. For the sixth year in a row, AMP continued to dominate robo-adviser Stockspot's Fat Cat list ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... this was partially offset by cost savings in the business. It added that it's aiming to build a "best-in-class" retail super business, saying it has completed phase one of simplification in parallel with the completion of Australia and New Zealand ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
APRA has been forced to clarify the standards it holds for superannuation trustees when valuing unlisted assets. It comes as the market downturn as a result of the pandemic and the Early Release of Superannuation Scheme (ERS) has led to industry concerns ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

Super fund members compensated

JAMIE WILLIAMSON  |  FRIDAY, 26 JUN 2020
Members of a retail superannuation offering have been remediated close to $3 million after financial advisers failed to comply with legislation that would have seen them transferred to a lower cost MySuper offering in 2017. More than 1266 smartMonday ...

Industry funds continue risk-adjusted domination

HARRISON WORLEY  |  FRIDAY, 12 JUN 2020
... Sharpe ratio at 0.6. The industry fund shared the equal top Sharpe ratio with Australian Ethical, which was the only retail super fund to crack the top 10 by combined risk adjusted rank - a ranking of funds' average percentile scores across the Sharpe ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... expand its work. In his response sent on Tuesday, the IFM Investors chair demanded a wider investigation including retail super and wholesale managed funds, said IFM would come out clean anyways and explained the manager's tight-fisted responses to Wilson's ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... only back to where it was a year ago. Two-thirds of that decrease came from APRA-regulated funds, with equity-heavy retail super funds bearing the biggest brunt. While retail super accounts for about one-quarter of superannuation assets compared to not ...

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... debate about efficiency in the superannuation industry if you don't include in your scope the 50% of it held in retail super and SMSFs," Dunnin said. "There's a lot more to scale than just funds size. Yes there are observable performance scale ...