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Showing 221 - 230 of 1587 results for "Majority of"

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as the majority of its representatives are women. Aware Super comes in second with eight of the 15 directors being female. NGS Super ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... said. In a separate survey, Crestone found that HNWIs prefer to invest in cash, and local equities and property. The majority of HNWIs invested in Australian shares at 73.2%, jumping from 56.4% three years ago. Holdings in cash sat at 72.4%, followed ...

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... strong returns," BT chief executive Matt Rady commented. "Our three- and five-year returns continue to improve with a majority of members experiencing more than 11% over three years and more than 9% over five years. "We will continue to work hard to ...

Majority of Aussie fund categories underperform: Data

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
S&P Dow Jones Indices Australia has today released its Persistence Scorecard Mid-Year 2021, revealing that the majority of Australian fund categories overall showed weak performance persistence in top-performing funds across three- and five-year periods. ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Boutique creates distribution lead role

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Cooper Investors as a senior business development manager. Prior to Cooper Investors, Wu spent five years at abrdn, the majority of which was as director of wholesale sales. He also worked at NAB and ANZ in BDM roles and prior to that worked as a financial ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
... co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining 5%. Located in a prime position in Canberra's CBD with access ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... based in Sydney and Melbourne. "Whether it's replacing ageing technology or introducing new capabilities, the majority of that money is for transformational benefits," Quirk said. In August, a CFS product failed APRA's inaugural performance. ...

Morningstar launches retirement strategy tool

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... designed to take into account behavioural science and the way that retirees already think about money. "For the vast majority of clients, they need to take on some market risk to produce returns to meet their spending aspirations," Murphy said. "In a ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... a small delay in processing. Since the new regulations have been introduced AustralianSuper has processed the vast majority of requests within the three-day time frame." A spokesperson for Sunsuper said the fund processes approximately 98% of eligible ...