A retail fund is a retail managed fund that’s subject to superannuation laws and entitled to concessional tax rates on investment earnings. These funds are run for profit by financial institutions such as banks, financial planning groups and fund managers.
The following articles refer to Retail funds and superannuation.
Note: Every three months, we update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest data available as at 10 December 2009. We expect APRA to release further data at the end of March 2010.
Unless you work [...]
When superannuation funds are delivering strong returns, you don’t see much written about the costs of investments, including the costs charged to member accounts by super funds. When returns are poor however, fees become more obvious. Along with investment performance, can be an important factor in determining the size for [...]
In August 2009, financial regulator APRA released performance data on Australia’s largest 200 funds. In the August SuperGuide newsletter, we noted that the performance figures have received a lot of criticism from the super industry. I think the level of criticism is a bit unfair.
Individuals running DIY super funds now control 31% ($332.3 billion) of the $1.076 trillion invested via Australian superannuation funds. Ten years ago, DIY super funds represented one-tenth of all superannuation money.
The money held in DIY super funds, officially called self-managed super funds (SMSFs) exceeds the super money invested via retail [...]
Any consumer thinking about switching super funds may want to reconsider whom they rely upon for financial advice, based on survey findings released in 2006 by financial regulator, the Australian Securities and Investments Commission (ASIC).
The survey found that nearly one in three consumers received questionable advice from licensed financial advisers [...]
Is there an age limit for starting a DIY super fund?
Q: Let us say I contribute to super to a retail managed fund and then at 65 I want to receive an income and/or the fund says I am no longer eligible to remain in the fund and I have to [...]
You don’t have to get advice when choosing super funds, or when considering making extra super contributions, or for any other financial matters. If you do want advice however, do some research on reputable advisers.
Advisers deserve to be paid for providing advice but you have to decide how you want them [...]
Hi - I'm Trish Power and I am the author of Superannuation For Dummies and many other books on super and investing.And guess what! This site, SuperGuide, is the only INDEPENDENT website for consumers on superannuation in Australia. Read more