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Showing 1 - 10 of 15 results for "Super FUM"

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... not-for-profit (NFP) super funds' FUM is managed internally. However, NFPs command about 72% of the total APRA-regulated super FUM, with this expected to grow to 85% in two decades. As such, Rainmaker Information predicts close to half of all APRA-regulated ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
... consistent with early estimates of up to $4 million. The merger will see $1.96 billion added to Australian Ethical's super FUM and more than 30,000 members join. "Following the successor fund transfer, increased scale will allow Australian Ethical to ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... management fell 7.7% in the quarter, that the Selecting Super performance index fell 8.8%," Dunnin said. "Over 12 months, super FUM is down just 0.3%. But retail super is down 9.3% and SMSFs 4%. Yet, not-for-profits are up 6.2%." Despite fears super ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... impacting capital markets, it is particularly pleasing to have delivered growth in revenue, active customers and Raiz Invest Super FUM during the quarter," he said. The Raiz team was focused on managing financial and operational risks to manage the business ...

Index investment soars: Research

ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
... Lifecycle MySuper assets grew 15% while single strategy MySuper assets grew 10%. But the big winner when it comes to super FUM was not for profit super funds which now claim more than 50% of total super assets. Not for profit super was the fastest growing ...

Super FUM up 10pct to $2.3tn

ALEX DUNNIN  |  THURSDAY, 24 AUG 2017
Superannuation savings climbed 10% in 2016-17 to reach $2.3 trillion, with performance income accounting for almost all the flows, according to figures released by APRA this week. Within segments, not-for-profit (NFP) funds climbed 12% to $983 billion ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... estimated 45% of super members, receive 42% of all superannuation fees. Retail funds, meanwhile, account for 29% of super FUM and 45% of members, and collect 50% of all super fees. "The high share of total superannuation industry fees being paid into ...

FEATURE: The circle of life

DARREN SNYDER  |  MONDAY, 9 NOV 2015
As the transition to MySuper continues, lifecycle funds are becoming a popular default investment option. Darren Snyder explores this evolving market. Earlier this year a joint paper by AustralianSuper and the Australian Institute of Superannuation ...

ANZ private wealth sees digital growth

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
... full year results today, ANZ said funds under management (FUM) increased in private wealth by 22%. ANZ Smart Choice Super FUM is now more than $4.3 billion and ANZ KiwiSaver grew 32% to $7 billion. ANZ has flagged the reshaping of its business to customer ...

Retirement incomes lead FUM growth

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
Retirement incomes recorded the largest funds under management and advice growth among the retail and wholesale superannuation and investment sectors in the year to March 2015. According to research firm DEXX&R, the retirement incomes segment increased ...
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