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Showing 1091 - 1100 of 8612 results for "Lower"

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... on the assumption that the member is a 30-year-old worker in a government-run fund who will pay exorbitant fees and earn lower investment returns. "Political ideology could also trump the financial interest of members, especially when a government makes ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... required to be in the 1% of the wealthiest Australians. It also takes $2.8 million to join the 1% in New Zealand, but with a lower average wage a New Zealander would have to work 81 years and six months. With the most significant wealth disparity of ...

Six Park hires operations chief

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
Six Park hired a new operations chief in September who finished up at Westpac after a decade with the bank. Tuula Keto is the robo-adviser's chief operating officer. She most recently worked in the bank's group and change integration unit and ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... generate computer power. "Australia can be a leader in digital assets. This means Australians can access new choices and lower prices. It means Australians can have more control of their financial destiny rather than being dependent on endless intermediation," ...

Abrdn launches new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
... defensive strategy that targets a strong negative correlation to equities and a beta to the MSCI World Index of -0.6 or lower. In March 2020 when the MSCI World Index fell 13.23%, during volatility sparked by the pandemic, the GRM Strategy returned +34.62%. ...

AZ NGA acquires regional advice firm

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
... million in funds under management. AZ NGA is expanding to the New South Wales Hunter Region by acquiring RI Newcastle and Lower Hunter for an undisclosed amount. RI Newcastle and Lower Hunter, a representative of RI Advice Group, was founded by Gil Gordon ...

UniSuper net zero efforts accelerated

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
... significant electricity demand. At AMP Capital, we've found that switching to renewable electricity has resulted in lower and more predictable energy costs, and that helps insulate our tenant customers from volatility in the electricity market," ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a ...

Lifecycle now MySuper mainstream: Rainmaker

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... lifecycle's performance wanes. The analysis shows by age 65 lifecycle members on average have an account balance that is 11% lower than single strategy members. "It is only in the final few years before retirement that single strategy regains its edge ...

Stewart Investors launches fund, drops fees

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
Stewart Investors is bringing its Worldwide Leaders Sustainability Fund to retail investors, with significantly lower fees. Management fees on the fund will be 0.45%, down from 1.15%. The fund manager said the reduction is made possible by years of ...