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Showing 2611 - 2620 of 9740 results for "Major"

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
One-in-four superannuation products have achieved Rainmaker's AAA quality benchmarks this year, the majority of which are provided by not-for-profit funds. Following an in-depth assessment of 750 superannuation products, only 174 or 23.2% received ...

AMP leaks $1.8bn, names new CFO

HARRISON WORLEY  |  THURSDAY, 2 MAY 2019
... insurance business with higher capital requirements and earnings volatility," Murray said. "Indeed, the recent sale of many major life insurance groups in Australia are also attributable to these factors." Murray said he had been encouraged by "the latest ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... sense that revenue is muted because loan growth is slow." King referred to recent news Commonwealth Bank was considering major job cuts, which the Financial Services Union forced the bank to clarify. "Now, we've heard stories about Commonwealth Bank ...

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... said these intending retirees would be likely to rely on government benefits like the Age Pension "for some time yet." "A major problem facing the Australian government and individuals is how to fund the retirement of an ageing population," Morris said. ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... such as demographic shifts and high levels of debt. "Long-term real yields remain very low, indeed negative in a number of major economies, which implies that long-term prospective returns will be lower relative to history," he said. Neal said: "As we ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
... related pension fund," ASIC said. Industry Funds Services (IFS) chief executive Cath Bowtell flagged at the Conference of Major Super Funds in March that a working group is underway to urge regulators to expand the definition of intra-fund advice. Bowtell ...

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
A new report by Westpac reveals that Australians looking to purchase property are desperate for financial education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
Two major Australian institutional investors are among the world's most responsible asset allocators, according to a new report. AustralianSuper and Victoria Funds Management Corporation were recognised for their commitment to responsible long-term ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
You couldn't miss it even if you tried; the S&P 500 index and the Nasdaq Composite Index surpassed their former peaks overnight. And the Dow is not far behind - it's off a mere 0.6% away from its all-time high. Yes Virginia, you can be forgiven ...

Former super fund investment lead joins consultancy

ELIZABETH MCARTHUR  |  TUESDAY, 23 APR 2019
... director Frithjof van Zyp and senior associate Vishal Sharma. Parlevliet will focus on enhancing the firm's services for major institutional investors in Australia, including super funds. He has over 28 years of experience in the super industry ...