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Showing 1 - 10 of 23 results for "KPMG Report"

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
APIR Systems has noted a significant rise in the registrations of new financial products, particularly of managed funds and managed accounts. According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... between 2021 and 2022, challenging the retail sector's long-standing dominance in pension accounts. According to a KPMG report, although Insignia, Colonial First State (CFS), and AMP lead the pension market by total accounts, industry funds Australian ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... dominance with a remarkable increase in market share, largely at the expense of public sector funds, according to a KPMG report. The KPMG report revealed a "massive" market share increase for industry funds, growing from 31% to 37% in the year ending ...

KPMG proposes tax offset, reform to boost gender equality

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... regarded as the main breadwinners, with women being permitted to do some paid work to bolster household incomes," a KPMG report argued. Further, it said that women's ongoing economic disadvantage will become increasingly entrenched if government policy ...

How super should be using technology: KPMG

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
... have sought after emerging technology solutions to capitalise on elevated levels of member engagement according to a KPMG report. The report says, members have expressed a preference to engage on digital channels and emerging technologies have enabled ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... claimed the average fees for advice represented approximately 3% of an average Australian's income. Additionally, the KPMG report made clear that there was a definitive price gap between the cost of advice versus the price consumers were willing to incur ...

Industry mixed over FSC advice framework

ANNABELLE DICKSON  |  FRIDAY, 15 OCT 2021
... provider, for example." AFA general manager, policy and professionalism Phil Anderson added: "We also welcome the KPMG report on the cost of financial advice, which highlights the current problem with financial advice being excessively expensive and ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... Within the next decade, the number of superannuation funds serving Australians will drop by 60%, according to a new KPMG report. New KPMG research shows the 217 APRA-regulated superannuation funds will shrink to 138 within the next five years, with industry ...

Calls for disability insurance reform

ELIZA BAVIN  |  MONDAY, 10 FEB 2020
... real concerns for consumers, and the broader community, about future access to affordable DII cover," he said. The KPMG report said individual disability income insurance does not adequately support a policyholder's move back into work in Australia's ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... have a skills-based board, a point over which Equip's attempt to merge with Energy Super fell apart, despite a KPMG report pegging the member benefits at 15 bps for Energy's members. Catholic Super's previous attempt to merge with Australian ...
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