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

Search Results

Showing 391 - 400 of 1614 results for "Majority of"

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... to improve member outcomes. Through a strong cost discipline we have been able to reduce fees and costs across the majority of our investment structure, which in turn contributes to stronger retirement outcomes," Mine Super chief investment Seamus Collins ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... economic activity (or more accurately, with Chinese economic activity). According to statista.com: "China accumulated a majority of the global iron ore imports in 2019, with a 69.1 percent share of total global imports." Thus, iron ore prices dropped ...

Best performing managed funds revealed

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... (11.6%), Greencape Broadcap Fund (11.1%) and the Hyperion Australian Growth Companies Fund (11%). The report found the majority of products fail to outperform the benchmark on an after fees basis and noted that choosing an active manager is not a "straightforward" ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... COVID-19 could have accelerated a generational shift in favour of digital offerings, KPMG suggested, with the vast majority of under-40s in favour of digital advice. Meanwhile, 59% of those surveyed want financial advice from their super funds. Over ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
The balanced options of the majority of the country's super funds are only just in the red after suffering through an unprecedented period of market volatility. Rainmaker Information executive director of research Alex Dunnin argues they have made ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... complaints relating to COVID-19. There were 791 COVID-19 complaints about superannuation, accounting for around 9%, the majority of which related to early access of super. In total for the financial year, 4732 complaints were made with 1260 made against ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... the closure notice so it is now business as usual with the existing team, fund and trading infrastructure and the majority of clients staying on board," he said.

Investors should factor in climate risk: JANA

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... overcome," he said. A survey of JANA clients also demonstrated widespread dissatisfaction with Canberra, with the vast majority of investors and institutions wanting stronger government action on climate change and policy certainty. Nearly nine in 10 ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... prepared in accordance with the super laws and do not refer to the AAS so this should not become an issue for the majority of SMSFs," the taxation office said. "The AASB have published a key facts document which explains the impacts of AASB 2020-2 and ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... impacted by COVID-19, the ATO's priority is to ensure payments get to those who need them. "We know the overwhelming majority of Australians are honest, and we've worked hard to help those people who are impacted by COVID-19 as quickly as possible," ...