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Showing 1001 - 1010 of 3290 results for "Above"

Insurer awards $80m mandate

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... industry." The fund has delivered 4.3% per annum after fees since its August 2010 inception to October 31. This is 4.26% above the benchmark over the same time period, the manager said. Natixis Australia managing director Louise Watson: "In a time when ...

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... misleading ASIC, the conscious ongoing charging of fees for no service and that shareholder's interests were prioritised above clients'. He even apologised to clients on behalf of the wealth giant while in the box. His testimony kicked off what ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... Stability Report, in 2016 New Zealand-based life insurers paid financial advisers commissions of about 20%. This is well above Mexico and Hungary which rounded out the top three at 13% and 12% respectively. The RBNZ said much of this comes down to a ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
... Senior executives could receive up to 200% of fixed pay for on-target performance and up to 300% if their performance was above target. In effect, this meant the executives could take home higher bonuses but had more deferred shares and longer deferred ...

Advice group rebuilds following regulatory headwinds

DARREN SNYDER  |  MONDAY, 26 NOV 2018
... firm has ambitions to add another 40 to 50 financial advisers to its recently acquired dealer group Wealth Today, taking it above the 100-adviser milestone. "Consumers will -for several years to come - now both consciously and sub-consciously seek out ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
... monetary base until the year-on-year rate of increase in the observed CPI (all items less fresh food) exceeds 2% and stays above the target in a stable manner."" And so it has. This is because the BOJ hosed down these speculations over the succeeding ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... Since the financial crisis, Tweeboom says it's been increasingly difficult for active managers to deliver performance above the benchmark, leading to a proliferation of passive products. "This is partly due to the lack of volatility in the market ...

Super ESG options can outperform

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
... for one year to September 2018 with a total average of 10.4% for all ethical investment options in workplace super. This above average performance definitely busts the myth that ethical investments need longer time frames to generate strong positive ...

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... impressive 27.9% year-over-year increase, the highest growth rate since the fourth quarter of 2010 and six percentage points above expectations as of quarter end." Wall Street should instead be singing, "I believe I can fly, I believe I can touch the ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... applied a higher penalty. "If I had been permitted to do so I would have imposed a penalty of at least one order of magnitude above $3.3 million in order to discharge [the objectives of specific and general deterrence]. But I am not free do so," Justice ...