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Showing 1 - 10 of 28 results for "Rainmaker report"

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... abolished taxes on retirement savings; when they did this, contributions exploded to 34.8% of total wages," a Rainmaker report said. Over the past decade, superannuation contributions have consistently outperformed benefit payments, surpassing them by ...

Advice industry loses 800 over New Year period

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
The exit of 807 advisers during the Christmas and New Year break leaves the total population close to dipping below the 18,000 mark. There are currently 18,015 practising financial advisers left, according to Rainmaker's modelling of the ASIC Financial ...

MySuper goes back-to-back in the black

HARRISON WORLEY  |  THURSDAY, 4 JUN 2020
For the second consecutive month, Australia's MySuper options have generated positive returns, after a couple of negative months due to the COVID-19 pandemic. Latest Rainmaker research shows the average return for MySuper products in May was 2.1%, which ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... could soon surpass self-managed super funds as the preferred retirement savings vehicle for Australians, a new Rainmaker report shows. Using the latest APRA data, Rainmaker's MySuper Report found the MySuper asset pool hit $713 billion at the end ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... that point in time, AMP had 1550 more advisers than CBA. This is now down to less than 900. Elsewhere in the Rainmaker report, platform funds under advice in master trusts, wraps and selected managed accounts increased 1% during the 12 months before ...

Insto licensees still bleeding talent

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... the 12 months to December 2017, while institutionally-owned licensees saw adviser numbers fall by 4.4%. A new Rainmaker report explains that the number of registered advisers in its research scope increased by 1% to 22,558. While non-aligned licensees ...

JANA wins $30bn public sector mandate

DARREN SNYDER  |  TUESDAY, 30 JAN 2018
... billion. This was followed by Frontier Advisors (25.5%, $243.3bn) and Willis Towers Watson (23.6%, $225.7bn). The Rainmaker report also shows that alternatives mandates accounted for 63% of JANA's new mandates, twice the ratio of other asset consultants ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... 2016 despite delivering 2% less per annum in performance over 10 years, according to Rainmaker research. The Rainmaker report was commissioned by Industry Super Australia, which argued that this underperformance represented a $200,000 loss in retirement ...

Smart beta performs in Aussie equities

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
... exchange-traded products dedicated to Australian equities over the past year were smart beta strategies, a new Rainmaker report shows. Rainmaker's ETP Report for the September quarter shows a wide range of outcomes in the past 12 months but what becomes ...

Younger Australians taking up SMSFs

DARREN SNYDER  |  FRIDAY, 26 AUG 2016
... dollar SMSFs on average hold about 20% of their investments in cash compared to micro-SMSFs which hold 7%, the Rainmaker report said. Residential property makes up only 4% of SMSF assets and collectibles a tiny 0.07%. The report said this statistic dispels ...
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