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Showing 1011 - 1020 of 2375 results for "Majority"

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
... general manager consumer lending Angus Gilfillan. So far, the Royal Commission has received 1,894 public submissions, the majority (67%) of which focus on banking, followed by superannuation (11%) and general insurance (6%). The Financial Ombudsman Service ...

More than half fail CFA exam

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
... Institute reported. Despite being renowned for its difficulty, the number of Level I registrations grew 14% year-on-year, the majority of which were from Mainland China (19,598), the US (12,126) and India (6,889). Some 3357 Australians took part in the ...

Time to move beyond "cheap and generic" retirement products: Milliman

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... "comfortable" Retirement Standard at $44,011 per annum for a single person aged around 65 and $60,457 for a couple, the vast majority of retirees Milliman surveyed spend less than that. Furthermore, when attempting to gauge people's realistic expectations ...

Advisers reckoning with direct risk sales growth: Research

KARREN VERGARA  |  WEDNESDAY, 7 MAR 2018
... looking at how the mix of policyholders has changed over time. Over the past five years the proportion of smokers, the majority of which were men, fell from 12.7% to 11% based on in-force premiums. The number of female smokers slightly decreased from ...

Staggering annuities can fund retirement shortfall

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
... could choose a cash lump sum of up to US$100,000 or a lifelong annuity of 18% (the going rate was 7%), he said. The vast majority took the lump sum - those with a higher IQ took the annuities, Babbel said. Interestingly, those with a higher IQ were women ...

MLC, ANU boost alternatives strategies

KARREN VERGARA  |  TUESDAY, 6 MAR 2018
... ago, while more than a third (37%) will commit more capital to private equity funds this year. In a similar vein, the majority (78%) of institutional investors are inclined to bump up allocations to alternatives in 2018, according to a separate study ...

Acorns launches its own super product

ALEX BURKE  |  MONDAY, 5 MAR 2018
... with original US developer Acorns Grow now holding a minority stake in the local company. Acorns Grow Australia is now majority-owned by Instreet Investment, who will re-brand the business over the next few months. The restructure also grants Acorns' ...

Most investors shun credit ratings: Poll

KARREN VERGARA  |  MONDAY, 26 FEB 2018
Credit rating agencies have no bearing on the majority of investors' decisions, Financial Standard's weekly spot poll shows. Almost three-in-four (74%) respondents don't rely on the recommendations of credit rating agencies - 39% of these participants ...

CBA denies majority of latest AUSTRAC allegations

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
CBA said it denies most of the additional 100 anti-money laundering and counter-terrorism financing allegations handed down from AUSTRAC last December. In its submission to the Federal Court, CBA said it "denies 89 allegations in full and admits 11 ...

Blockchain saving mutual funds US$2.6bn

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... quicker resolution time; and greater transparency and audit traceability were among the key advantages Calastone found. The majority (71%) of respondents saw the costs of processing orders decline since moving to blockchain, leading to a 32% average ...