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Showing 1491 - 1500 of 5336 results for "Third"

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... said investment performance should instead be measured in decades. "Australia's superannuation system is ranked as the third best globally," he said. "Imagine if Australia's education system was ranked third best globally, people would be celebrating ...

Aussies unprepared for wealth transfer

ALLY SELBY  |  MONDAY, 9 DEC 2019
... in the future. Perpetual said 70% of families will lose their wealth by the second generation and 90% will lose it by the third. According to Baker, it's the stigmas that plague discussing inheritance that are leading to these figures. "Conversations ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... National Accounts underscored when it revealed that despite the 2.5% quarterly increase in household disposable income in the third quarter (from a mere 0.3% in the June quarter) -- "driven by a decline in income tax payable, which was impacted by the ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... the "low level of interest rates" still has to spur overall private investment - it subtracted 0.1 percentage point off third quarter GDP growth. Low interest rates and "recent tax cuts" also failed to encourage consumers to spend. Household consumption's ...

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... However, the findings did show financial advice provided by internally employed staff had the highest rate of compliance, while third-party providers and those employed by a related party achieved a much lower rate of compliance In total, ASIC reviewed ...

Women in Super: A year of accomplishments

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2019
... in retirement. Research has found that women currently retire with 47% less superannuation than men and receive only one-third of the government tax concessions on super, while men receive the other two-thirds. The huge super gender disparity has urged ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... the 0.6% decline in the June quarter, but still worse than the "relatively" upbeat expectations of no growth, marking the third straight quarterly contraction in capital investment. Year-on-year, the contraction in actual total new private capital expenditure ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... it kept policy unchanged at it's October meeting only hours after the US Federal Reserve cut the Fed Funds Rate for a third time in October, following its July and September rate cuts. The same could be said of the Euro. The European Central Bank's ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
... "If the yield to maturity on [government bond indices] is less than 2%, it is just not fair for a manager to be charging a third [60 or 70bps] of the expected return in fees." Adding to lowering yield expectations are new opportunities in retail distribution ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
... "Given that superannuation and retirement advice is the most common type of advice received (representing approximately one third of industry revenue for the year 2016-2017) it would be helpful if there were more examples that related to this topic. ...