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Showing 101 - 110 of 257 results for "Equate"

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Australians should not be able to be defaulted into or even be able to choose to enter an underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... financial stability, and create more thriving communities to do business with," Steel said. "Ultimately, healthier stakeholders equate to a healthier bottom line."

Impact investing difficult to measure

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... investors indicate that if appropriate investments are available in the future their impact investments will collectively equate to $1.6 billion (assuming today's AUM)." 57% of active impact investors reported that they expected competitive market rate ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
A boutique fund manager has launched a new income fund that provides an alternative to low-yielding cash and term deposits. Prime Value's Diversified High Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per ...

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
The financial services industry continues to be the largest contributor to economic growth and pays employees above-average wages, according to a new report. Data compiled by the Financial Services Council in its 2019 State of the Industry report shows ...

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
... monitor the adequacy of these provisions," CBA said. The $714 million additional remediation provisions are pre-tax and equate to $500 million post-tax. CBA said the statutory net profit for the quarter was $1.75 billion approximately and unaudited. ...

Choice outweighs balance for women

KARREN VERGARA  |  FRIDAY, 8 MAR 2019
As this year's International Women's Day campaigns for a gender-balanced world, one underlying factor that is overlooked is empowering women to make choices to live a financially secure and fulfilling life. This is according to Australian Unity Trustees ...