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Showing 1 - 10 of 36 results for "Rainmaker estimates"

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... funds under management (FUM) held by institutional super funds belonged to retirees. By the end of the decade, Rainmaker estimates this could grow to 30-35% and be valued at more than $1 trillion. As it stands, 57% of retiree FUM is controlled by not-for-profit ...

3000 advisers left industry last year

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
... the number of non-aligned advisers fell 1453, the former fell two-thirds faster; by 19.7% compared to 11.7%. Rainmaker estimates the number of new entrants into the sector in the year to March end doubled from 84 at end 2021 to 156 at end March 2022. ...

Vanguard move a win for SSGA, BlackRock

JAMIE WILLIAMSON  |  FRIDAY, 4 FEB 2022
... Vanguard," Rainmaker executive director of research Alex Dunnin said. At the time of Vanguard's announcement, Rainmaker estimates it had about $61 billion in institutional mandates. By June 2021, this had fallen to about $31 billion. Of the initial $61 ...

Bellmont expands distribution capability

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... strategy, and a robust structure that enables them to scale, and grow the profitability of their business." Rainmaker estimates that the managed accounts sector has about $70 billion in assets under management and growing.

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... In Australia, BlackRock's ETFs generated about $38.3 million in the year ending September, according to Rainmaker estimates.

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... FirstChoice remains the platform used by the most advisers, with about 11% market share, according to latest Rainmaker estimates. CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by AMP Flexible ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... for about 35% of each funds' value in the asset class. Super funds own about 20% of the banking sector, Rainmaker estimates. Among global equities, top picks were also similar with eight of the top 10 of most funds being technology stocks like Amazon ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... recovery, with Australia's superannuation system recuperating much of their losses in lighting speed. "Rainmaker estimates its SelectingSuper MySuper index for FY 2019-20 will come in at -0.7%," he said. This is based on Rainmaker's full sample ...

Early release to bite retirement hard

KANIKA SOOD  |  TUESDAY, 24 MAR 2020
... cash will be lower. A 45 year-old will lose $22,300 to $43,800 in their end balances from the withdrawals. "Rainmaker estimates while the long run retirement savings costs for a 30 year old accessing the $20,000 is $80,000, for a 45 year old, the long ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... of millennial super funds such as Spaceship, Grow Super, Zuper, mobiSuper, Superestate and Student Super, Rainmaker estimates that this segment still has less than $600 million in assets and is dominated by two heavyweights - Spaceship and mobiSuper. ...
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