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Showing 1 - 10 of 596 results for "Rainmaker Information"

FAAA moves to combat adviser shortage with new partnership

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... has since experienced a dramatic collapse, casting doubt over its long-term sustainability. Last month, Rainmaker Information executive director of research Aman Ramrakha warned that without bold policy intervention, the industry may struggle to ever ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... retain their roles. Simon Reiter was named chief technology officer, joining from Cbus Property. According to Rainmaker Information, CareSuper's default balanced option has delivered a 7.3% annual return over the decade to September 30. Similarly, Spirit ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... being said, Cbus' default growth option has performed reasonably well over the long term. According to Rainmaker Information, it has returned 7.7% per annum over the past 10 years to September 30.

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... exchange-traded products (ETPs) will be a saviour - or at least a tailwind for their businesses - research from Rainmaker Information paints a far less promising picture. The research, which examined dual access products listed before June 2023, found ...

Medium-sized advice firms flourish: Research

KARREN VERGARA  |  THURSDAY, 24 OCT 2024
Financial advice firms with 51 to 100 advisers are the fastest-growing cohort in the past year, new Rainmaker Information research shows. This group saw adviser numbers increase in aggregate by 8% in the 12 months to September. Conversely, groups with ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... not-for-profit (NFP) super funds and investment managers has spiralled into freefall, according to the latest Rainmaker Information research. NFP super funds and investment managers made 76 mandate appointments in the year to June 2024, 51% fewer than ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... performance fee charged by some. In 2021, Australians paid over $32 billion in fees to super funds, according to Rainmaker Information. "Regulatory guidance exists for disclosure documents or a fund's MySuper dashboard, but when it comes to how fees ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... its upward climb, reaching $3.4 trillion by the end of June, recording annual growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management (FUM) minus funds managed on a sub-advisory basis ...

VFMC fills new head of asset classes role

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
... Sayers Group, an advisory and investment firm, has been on VFMC's board for several years. According to Rainmaker Information, VFMC ranks 6 th among Australian-owned investment managers by total local sourced funds under management. It trails behind ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... 1, with total investment fees and costs on the MySuper option to drop from 0.91% to 0.81%. According to Rainmaker Information, the average total investment fees for a retail MySuper product was 0.60% as at June 2023.
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