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Showing 411 - 420 of 2369 results for "Majority"

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as the majority of its representatives are women. Aware Super comes in second with eight of the 15 directors being female. NGS Super ...

Wealthy overlook digital experience

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... said. In a separate survey, Crestone found that HNWIs prefer to invest in cash, and local equities and property. The majority of HNWIs invested in Australian shares at 73.2%, jumping from 56.4% three years ago. Holdings in cash sat at 72.4%, followed ...

Aussies less confident about retirement age

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... on average, yet nearly one quarter are delaying retirement until 71. Only 13% expect a hard stop retirement, while the majority (57%) expect to reduce working hours or switch jobs. The global pandemic has dragged on the retirement dreams of many Australians ...

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
... strong returns," BT chief executive Matt Rady commented. "Our three- and five-year returns continue to improve with a majority of members experiencing more than 11% over three years and more than 9% over five years. "We will continue to work hard to ...

Majority of Aussie fund categories underperform: Data

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
S&P Dow Jones Indices Australia has today released its Persistence Scorecard Mid-Year 2021, revealing that the majority of Australian fund categories overall showed weak performance persistence in top-performing funds across three- and five-year periods. ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...

Boutique creates distribution lead role

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... Cooper Investors as a senior business development manager. Prior to Cooper Investors, Wu spent five years at abrdn, the majority of which was as director of wholesale sales. He also worked at NAB and ANZ in BDM roles and prior to that worked as a financial ...

Pre-retirees worry about political risks: Survey

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... assets, over half (53%) pass on their superannuation. The family home is the main asset passed on as inheritance for the majority (80%) followed by non-super investments (62%). Conversely, a separate study by Challenger found women, under 65s and others ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
... co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining 5%. Located in a prime position in Canberra's CBD with access ...

Athene, Apollo stake in Challenger approved

KARREN VERGARA  |  MONDAY, 6 DEC 2021
... manager with about US$481 billion of assets under management. Together, they are currently in the process of acquiring a majority stake in US-based Aqua Finance, a consumer lending platform, tipped to be worth US$1 billion. Challenger recently divested ...