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Showing 251 - 260 of 3288 results for "Above"

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... skyrocketing retirement advice demand, Deloitte found that advisers can command as much as a 50% premium for this service well above the standard price for advice. "Of our seven key trends, it's complex and requires a higher-fee option because it ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... momentum such as leveraging the changes to stage three tax cuts and additional taxation on earnings on large super balances above $3 million - which currently represents $224 billion of the superannuation market. Generation Development Group also flagged ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... equity release schemes, up to the same cumulative limits, and gradually including part of the value of the family home, above a reasonable threshold, in the Age Pension means test.

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... experience to do so, leading to "significant losses" to some consumers. It also found that XTrade "put its own interests above those of its clients" and didn't act in good faith. XTrade applied to the Administrative Appeals Tribunal (AAT) in April to ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... numbers are published in August. "Aggregate wages growth, which haven't been supported by productivity gains, will remain above the RBA's published target rate of 3.5%, and we don't see this changing in 2024," he said. "Notwithstanding the rate cut movement ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... focus on mid-caps and stocks outside the SIV investment universe, investing in liquid stocks with market capitalisations above $500 million. As a result, very few Australian fund managers have SIV-compliant emerging companies' offerings, which affects ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... and bond markets," Metcalfe said. "Investor optimism toward Chinese equities faded in June with flows falling back from above to simply average levels. This did not deter stronger long-term investor inflows into other regional markets such as Korea ...

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... May, declining by 1.7% for the month. Lending to owner-occupiers and to investors both fell in the month but remain well above levels seen this time last year. In fact, new lending to investors has been very large, jumping nearly 30% compared to May ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov said the return is well above the inflation rate for the year, indicating growth in the real value of balances for members fully invested in the fund. Gamerov ...

ANZ, Blackstone launch HNWI fund

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... invests in an underlying fund, which is a Cayman Islands-exempted limited partnership. The fund aims to achieve returns above the Australian RBA Cash Rate Target Index + 400bps over a rolling five-year period. ANZ Private chief investment officer Lakshman ...