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Showing 1841 - 1850 of 8614 results for "Lower"

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... representative of Aon Hewitt Financial Advice from July 2011 to November 2018. The Aon Master Trust MySuper product has lower fees and costs than its legacy default super product - party because MySuper products are prohibited from paying commissions ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... our ability to tailor products to member needs," he said. He is not in favour of this approach because Cbus members have lower life expectancy compared to general population and retire earlier with less in super. He said the "need for certainty" must ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... September 2019 for Macquarie). Last year, for the same period this number was $168 million. However, the $144 million is only 2% lower than the previous half's revenue of $147 million. "Lower wealth management fee income associated with realigning ...

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... we're been used to. "So we've seen some of the global trade tensions - that has had an impact. We're seen this trend of much lower interest rates everywhere in the world and now including here in Australia - that has an impact on bank profitability." ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... cut interest rates anymore. There was that phrase in the October 1 meeting minutes stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the same way as in the past, and that the negative effect of low interest ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... blended index 25% Bloomberg Barclays U.S. Aggregate Bond Index and 75% MSCI World Index. It's shares component has a lower standard deviation (volatility) than the MSCI World Index but a lower sharpe ratio than it. In the past the problem has been ...

VanEck launches new fixed income ETF

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... higher risk than traditional floating rate bonds. "But those issued by the big four banks are still investment grade and are lower risk than shares (tier 1 capital) and hybrids (additional tier 1 capital), as subordinated bonds are paid after unsecured ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... with the US but it's in a race to the bottom with the Fed. Then again, Australian cash rates (currently at 0.75%) are lower than the Fed's (2.0%) even if they're expected to fall by another 25 bps to 1.75% at the end of this month. The US-Australia ...

Defined benefits robbed women: Kelty

ELIZABETH MCARTHUR  |  FRIDAY, 25 OCT 2019
... said. "Are there imperfections for women? There are now. The thing about women is that they work more part-time jobs in many lower paid roles. So fix it up. Fix up that issue." Kelty indicated that part of the proposed solution for fixing the super system ...

Zurich secures mandate from $8b super fund

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... industries, from right across Australia. This means our insurance products need to be flexible enough to cater to workers in lower-risk occupations." Tim Bailey, Zurich Life and Investments chief executive said Zurich was now a large, multi-channel insurer ...