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Showing 1451 - 1460 of 4053 results for "Overall"

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... action is part of ASIC's ongoing investigations into fee for no service failures in the financial services industry. Overall, remediation for impacted customers is expected to exceed $850m. Earlier this week, NAB announced NAB Financial Planning ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... Services senior consultant John McLeod said over the last 20 years the general public or mass market has weakened its overall share of the philanthropy sector - from 60% to 40%. This said, the size of Australia's philanthropy industry has grown at about ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
... investors use ETFs," Petering said. "They have disrupted the asset management market, but they haven't disrupted the market overall." Petering noted just 10% of the asset universe was indexed, but when broken down further, less than 5% of the global ...

ETF market growth a benefit for all

HARRISON WORLEY  |  TUESDAY, 4 SEP 2018
... market grew by 33% in the last 12 months, to $39 billion. According to Dyall, those invested in ETFs were gaining from overall growth in the market. "The more people that invest, the greater network effect," Dyall said. Dyall explained the network effect ...

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... years. Prior to the merger, Linear had $9 billion of FUA and its managed accounts business contributed about $2 billion. Overall, total FUA stood at $13.09 billion for the period, representing a 524% jump year-on-year. Chief executive David Heather said ...

WAM Capital announces LIC takeover bid

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... "However the actual cost of protection since inception has been higher than this. This has detracted from the company's overall investment performance and impacted the ability to pay dividends," Schoenheimer said. WAM Capital said this represents ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... death insurance only covers death as a result of certain accidents and offers little value to consumers, ASIC said. The overall claim outcomes was also "poor" compared to life insurance sold through other channels. APRA and ASIC figures show in the six ...

Super assets hit new record

STEPHEN FAY, DARREN SNYDER, KARREN VERGARA  |  THURSDAY, 30 AUG 2018
... contributions compared to FY17. Self-managed super fund (SMSF) assets reached $749.9 billion, growing 6.4% year on year. Overall, the rate of growth for super assets was lower than the average investment return. This was due to net contribution outflows ...

OneVue posts solid earnings, fund services stands out

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... absolutely "no" impact on OneVue's revenues or margings as we have chosen to not collect fees of this nature," she said. Overall, for FY18 the group turned a revenue of $49m (up 20%), EBITDA of $7.5m (up 67%), EBITDA margin of 15.4% (up 434 bps), NAPATA ...

Pendal appoints head of distribution

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... will provide the leadership required to help Pendal execute on its sales strategy and contribute to the delivery of the overall business strategy. "His extensive commercial and technical experience from both an institutional and retail perspective, coupled ...