Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1031 - 1040 of 5505 results for "Mid"

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... However, this is still 2% higher than its historical average prior to the pandemic. In contrast, on average, households with 'mid 5-7 comfort levels' reported comfort at a record level, following another small increase of 1% to an index of 6.47 in December ...

Australian equities funds downgraded

ANNABELLE DICKSON  |  MONDAY, 1 MAR 2021
... upgraded to gold from silver. "This strategy has been elevated to be among our top picks in the Morningstar Australia equity mid/small-growth category, based on our strong confidence in the team and investment process," Morningstar said. VanEck Vectors ...

Aware Super rejigs MySuper option

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
The $140 billion superannuation fund is changing its MySuper lifecycle option from two stages to 11. About 85% of Aware Super's accumulation members are in the MySuper lifecycle option. It was one of the first superannuation funds to move its default ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
Bravura Solutions is feeling the sting of COVID-19 as its overseas operations deliver large blows to its profitability of more than 50%. The administration and management software provider announced that its UK and South African units have severely ...

PIMCO names Asia Pacific lead

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... She will become the new global head of the product strategy group, returning to PIMCO's Newport Beach, California office in mid-2021 to oversee traditional strategies and alternatives, which include private strategies and hedge funds. Kersman and Stafford ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

Financial services eyes gig economy workers

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
Up to 20% of the financial services sector will likely comprise gig economy employees over the next five years, a study from PwC shows. More than half (52%) of the 500 financial institutions surveyed expect to hire more gig-based employees, despite ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... Investors. In the Asia Pacific, payouts fell 11.9%, which is roughly in line with the global average, and the lowest since mid-2016. Australia was restricted in its dividend payouts by APRA as a result of the pandemic, capping dividends at 50% of profits. ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... still be around 6 per cent at the end of this year and 51/2 per cent at the end of next year, reaching around 51/4 per cent by mid 2023." Three months earlier, the RBA's November 2020 SoMP forecast the unemployment rate at 6.5% by the end of this ...