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Showing 1151 - 1160 of 2261 results for "Generate"

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... trustee offices. ISA chief executive David Whiteley argued: "It's time the major banks clearly disclose the profits they generate from compulsory super to their customers, shareholders and the general public." "The government and regulator need to find ...

Super reforms hit parliament

EMMA RAPAPORT  |  MONDAY, 29 MAY 2017
... pensions. Payments in relation to a limited recourse borrowing arrangement (LRBA) supporting a retirement phase pension will generate a transfer balance credit where the repayment is derived from accumulation monies and as a result increases the value ...

Midwinter unveils new financial tool

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2017
... to use the default version may leverage Midwinter's public calculator API to produce their own suite of calculators to generate the same scaled and comprehensive advice produced by AdviceOS. Midwinter managing director Julian Plummer said the calculators ...

Super assets hit $2.3 trillion

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... AMP, reported "chronic underperformance." While Whiteley didn't provide hard figures, he said 97% of bank-owned funds generate "below median returns." Not-for-profit funds on the other hand, contributed $42.9 billion or 96% in above median returns, he ...

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
Active, value investment managers overlooking critical market anomalies are missing out on potential returns of up to 40%, according to PM Capital. One opportunity that is not well-known and is even "shunned" by some investment managers are long-term ...

Foreign trust disclosures overhauled in NZ

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
Foreign trusts generating foreign income in New Zealand will now face significant disclosure requirements but still won't have any NZ income tax obligations. Christchurch-based Mackay Bailey director Michael Woodward said the new disclosure requirements ...

Revenue boost for life insurers

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
Life insurance companies reported a 146% boost in revenue, but failed to improve bottom line performance in the 12 months to March, according the latest APRA performance statistics. Life insurers' total revenue of $37.9 billion was driven mainly by ...

Super funds adopting insurers' investment strategies

KARREN VERGARA  |  TUESDAY, 23 MAY 2017
Superannuation funds are at risk of losing up to $800 billion during retirement phase over the next five years if they rely on benchmark-outperforming strategies proven to be successful only during accumulation phase. AXA Investment Managers director ...

InvestmentLink launches goals-based advice platform

ALEX BURKE  |  TUESDAY, 23 MAY 2017
... data repository to allow clients to manage all their financial information, while advisers can use the information to generate projections and insights around client goals. InvestmentLink chief technology officer Wayne Robinson explained: "The data we ...

BGL releases CGT capability for SMSFs

EMMA RAPAPORT  |  MONDAY, 22 MAY 2017
... the fund, select which assets to reset the cost base, select whether or not the capital gains are to be deferred and generate the necessary CGT Transactions all in one process. "We have tried to make something really complex really simple for our clients," ...