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Showing 2911 - 2920 of 9686 results for "Show"

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
A pension giant is offloading $73 million worth of investments in tobacco companies as its chief investment officer sees no future benefits for its members in the industry. The UK's National Employment Saving Trust has set a two-year deadline for ridding ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... mainly due to a 0.4 percentage point contribution from net exports. Great! Except that a look at Japan's National Accounts show exports subtracted 0.4 points (down 2.4% in the March quarter) while the sharp 4.6% drop in imports contributed 0.9 percentage ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
... of latest ASIC FAR data shows. At its height in January 2019, there were 28,863 advisers registered with ASIC. The figures show about 1755 financial advisers have dropped off the register in the months since. The significant decline is likely a combination ...

More Australians retire with big mortgages

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
New research analysing Australian Bureau of Statistics microdata shows that more Australians are retiring owing money on their mortgage. The portion of homeowners between ages 55 and 64 that owe money on mortgages has tripled since 1990 - from 14% to ...

Blue chips hit board diversity target

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... than 40 companies currently have 40% women directors, while 20 companies have 50% or more women on boards. Current figures show 70% of board positions are held by men, of which 90% are chairs. There are five ASX200 companies with no women directors ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...

Smart beta now mainstream for instos

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
Nearly six in 10 institutional asset owners are now using smart beta strategies in their portfolios, according to a new survey of 178 instos by FTSE Russell. Adoption has doubled what it was five years ago when roughly three in 10 used smart beta. Last ...

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
The $6.5 billion superannuation fund is "substantially" reducing premiums for younger members at the expense of members aged 50 and over. LUCRF Super is changing death and TPD, and death insurance cover from July 1 as part of the new Protecting Your ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
Christian Super, the $1.5 billion superannuation fund, will be making changes to its fee structures following a comprehensive review. As part of the new Protecting Your Super legislative requirements effective July 1, the fixed administration fee will ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
FinTech Australia announced the winners of the 2019 Finnies, showcasing innovation in financial technologies. AirWallex won three awards, including Biggest Raise of the Year for its $141 million capital raise. Afterpay took home two awards and was named ...