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

Search Results

Showing 251 - 260 of 1588 results for "Majority of"

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... were offset by new clients, the firm said. Its total global clients now stand at 380, an increase of 350 from FY20. Majority of the $65.6 million revenue (92%) was fee income from contracted clients. The remaining was split across interest income on ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... environment created by the pandemic." Over a 10-year period it returned 10.1% p.a. against its target of 6.1% p.a. The majority of the fund's assets is allocated to equities - domestic (8.5%) and global (18.2%). Its next largest holdings are in private ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... fund, APRA will use the product with the same trustee and/or product design [such as investment strategy], and with majority of the members. It also warned funds to not sneak in returns from other super products into MySuper returns while combining returns ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... local talent pool. The contract market has been challenging, as typically we would rely on offshore candidates to fill majority of these positions."

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Clime Investment Management executive Neil Schafer has been removed from the company by an overwhelming majority of votes. At the extraordinary general meeting on August 6, about 95% or 37.54 million shareholders voted in favour of removing Schafer ...

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... of employees haven't been able to contribute to their retirement savings because of other financial priorities. The majority of the 1281 participants said they would rather pay off debt (41%) while over a quarter (28%) said they did not earn enough to ...

Hostplus delivers 21.3% to members

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
The industry superannuation fund has delivered 21.32% per annum for its MySuper members, the majority of which are invested in this option. The $68 billion Hostplus said the result for its MySuper (Balanced) option is its "best-ever single-year performance" ...

Vision Super appoints new chair

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
... supports workers, through their working lives as they save for retirement to achieve the best possible outcomes - and the majority of those members are women." Darmanin was previously a trustee director of HESTA from 2013 to 2017. She was first elected ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... findings this month under Consultation Paper 332 Promoting access to affordable advice for consumers (CP 332). The majority of the 466 respondents, who took part during consultations in November 2020 and then again in April 2021, said they want to use ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 8-1... to continue with its existing programme of UK government bond purchases... maintaining the target for the stock ...