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Showing 121 - 130 of 151 results for "Poorer"

Pension age lift under fire

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... speaking on ABC Radio's World Today this week said the decision puts a wedge between wealthy people who can retire anytime and poorer people. "For many people that are wealthy, they can retire whenever they like. So what it is really doing is it is saying ...

ANZ sheds planning staff

MICHAEL HOBBS  |  WEDNESDAY, 1 APR 2009
ANZ plans to make 58 staff redundant from the bank's financial planning division citing poorer-than-expected demand for advice. According to an ANZ spokesperson, the bank reviewed its financial planning division numbers and cut the number of roles by ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAR 2009
... Bank's expression of confidence in the Australian economy by keeping interest rates on hold helped the bourse recover from a poorer start. The benchmark S&P/ASX200 index closed down 30.9 points, or 0.95 per cent, at 3,219.2 - its lowest close since December ...

Damned if you do

BENJAMIN ONG  |  WEDNESDAY, 4 FEB 2009
... handed out $10.4 billion that bulk of which came in the form of pre-Christmas cash payments, aimed at helping the elderly, poorer families and first-home buyers. This was criticised as a short-term fix. But didn't retail spending go up and Australians ...

APRA fund level reporting proposals dangerous

ALEX DUNNIN  |  FRIDAY, 30 JAN 2009
... trusts that are IFSA members are reporting performance that is more reflective of member experience, their performance looks poorer than those trusts not illustrating the effect of dollar based administration fees." However IFSA said they are considering ...

Santa Obama

BENJAMIN ONG  |  TUESDAY, 9 DEC 2008
... its lights on, America cannot even pay for a second hand Christmas tree without borrowing from others it had helped make poorer. Now what? For now, US President-elect Obama's rhetoric is just that - rhetoric. The underlying fundamentals have not changed ...

FMs back a winner 50pc of the time

MICHAEL HOBBS  |  TUESDAY, 2 DEC 2008
... and good ratio is about 110 per cent. That means the alpha from good decisions is 10 per cent more than that lost from poorer ones," said Amanda Field, Inalytics managing director. "The report finds that where fund managers exhibit skill, it tends to ...

AMP hit by lower discretionary contributions

MICHELLE BALTAZAR  |  TUESDAY, 21 OCT 2008
... corresponding 2007 quarter. The group said this was largely due to a drop in discretionary contributions, which it blamed on poorer consumer and investor sentiment. But to put in context, the fall in inflows was offset by improved outflows for Q3 2008 ...

Fees cause underperformance, not asset allocation: APRA

ALEX DUNNIN  |  THURSDAY, 16 OCT 2008
... differing asset allocation." The report said that embedded fees were the main cause of net-performance differences, not poorer money manager skills. "The evidence indicates that part of the net retail under-performance is due to embedded fees that are ...

None the wiser, all the poorer

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2008
Super, what? The superannuation industry may need to crank up its financial literacy initiatives after yet another survey shows that three in four Australians are expecting their superannuation balance to be higher on their next statement. Mercer's ...