Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1721 - 1730 of 8015 results for "Average"

How much Future Fund spends in fees

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... and compliance Alex Dunnin said it's worth contrasting these investment costs with those paid by super funds which average around 0.7%. "The Future Fund Management Agency is Australia's biggest funds manager. It should be leading the way demonstrating ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... and have actually only had positive feedback. Between the two services, Plenty and Plenty Plus produced approximately an average of one statement of advice a day across both services. The regulator expressed concerns that the level of inquiries made ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... circumstances". "Three out of five of the claims assessed under this narrow cover are declines. This is five times high than the average decline claim for all other TPD claims," the report said. ASIC also warned that poor claims handling processes contributed ...

Fees down across asset classes: Report

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2019
... fees or replace managers," Hunt said. Kathryn Saklatvala, bfinance head of investment content, said: "The reductions in average fees across various asset classes are welcome news for investor clients." "Yet there are still significant barriers to price ...

AFCA gets 1450 complaints a week

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... to ensure we are able to handle any changes in complaint numbers," the spokesperson said. "In general, AFCA receives on average 1450 new complaints per week and each case is quite unique. The time it takes for cases to be resolved is quite varied as ...

Portfolio manager departs LIC

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... fund's other co-lead. Both funds will be supported by Templeton Global Equity Group (TGEG) which has 36 investors with an average of 21 years of industry experience and 15 years of TGEG experience, the manager said. There will be no change to either ...

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... Women in Super chair Cate Wood said the rate of poverty for retired women continues to rise, and noted women retire on average with just over half of the super savings of their male counterparts. Wood said it was therefore "vital" for the report to examine ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... pointed to the Productivity Commission's finding that SMSFs with a balance below $500,000 produce lower returns - on average, after expenses and tax - than industry and retail super funds. Earlier, the PC's draft report said it appeared SMSFs ...

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
Aviva Investors has warned of a one in three chance of a global recession next year, saying the trade and manufacturing sector is already at recessionary levels. The global asset manager outlines in its report that it expects global growth to remain ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
Phil Gallagher and Bruce Bastian said the average worker will receive around $50,000 more than the Grattan Institute's "flawed and misleading analysis." ISA said modelling done by Grattan is based on dubious assumptions that "don't stack up" and there ...