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Showing 1441 - 1450 of 8613 results for "Lower"

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... operating business generated overall revenue growth, up $10.4 million from the previous year. However, this was offset by lower investment returns (down $18.9 million) and a $187.5 million decrease in benefit fund revenue, which the group blamed on reduced ...

WAM wins Blue Sky bid, appoints directors

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... equity, real estate and private infrastructure. "This gives investors a return that is uncorrelated to equity markets with lower volatility and diversification, and also gives investors exposure to potentially innovative investment products," WAM founder ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ...

Investment consultant adds to insurance team

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... said the expansion of its insurance focus is in response to the increasingly complex needs of the sector, which is facing lower premium revenue and increased potential claim experience. It said these challenges are exacerbated by COVID-19 leading to ...

Industry funds pledge $33bn for economy

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
... jobs between 2020 and 2023. ISA added that investments save the Federal budget $2.7 billion through higher tax receipts, lower pension payments and lower interest costs alone. The report expands on an earlier 2016 report and examines new areas that recognise ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... this be because of the fifth coronavirus bill remains unresolved? Could this be because the Fed, despite its shift to a "lower for longer" strategy is pushing on a string? It could be one or all these. But one thing is certain, pessimistic consumers ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... mergers, the more expensive fund's fees were lowered, with members seeing an average fee drop of 21%. For the fund with lower fees going into the merger, seven of the 11 saw an average reduction of 5%. Meanwhile, nine of the 11 funds saw fees drop ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... financial planners failed to inform their clients they could obtain substantially similar or better insurance policies with lower premiums from alternative insurers," Allsopp said. "Instead of putting their clients' best interests first, the planners ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... recovered. The benchmark index has rallied by 17.2% from the nine-month low recorded in March. However, the index remains 22.4% lower this year to date, reflecting investors' continued sense of caution amid the lingering uncertainty surrounding the ...

Future Fund risk aversion not at historic levels

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... risk levels to "moderately below neutral", it stood at 53 at June 30. However, Future Fund's historic risk taking has been lower than it is now. Understand, it was the lowest in its initial years as it held on to investing during and post GFC. For example ...