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Showing 431 - 440 of 4538 results for "Dollar"

GuildSuper overhauls MyMix option

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... 0.73% from July. Administration fees applied to the MyMix product have also changed, effective this month. The existing dollar-based fee of $95 per annum will increase to $115 per annum, while the existing percentage-based fee of up to 1.25% per annum ...

NFP funds dominate retiree super: Research

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... BT, MLC Super, UniSuper and Commonwealth Super Corp's PSS. Interestingly, of the top 10 retail funds by retiree assets (dollar amount), these assets make up close to half of their total funds under management, demonstrating retail funds' reliance on ...

Non-negotiables for recruiting in the new normal

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The wealth management industry is not immune to the great resignation, but there are ways to avoid being hit too hard, Super Recruiters says. The recruitment agency said that while many wealth management organisations are striving to get back to the ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... announced its plan to drastically reduce the size of its balance sheet. The committee will soon begin a multi-trillion-dollar balance sheet contraction allowing up to $US95 billion per month to rattle off its portfolio without reinvestment. Powell said ...

ANZ stablecoin amplifies changing operating models

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... regulators to learn from the bank's experimentation. According to ANZ bluenotes, the first Australian-bank-issued Australian-dollar stablecoin, A$DC, went live in March. The first payment of A$DC was made through a public, permission-less blockchain ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Industry Super Australia has unleashed on the loose laws and 'light touch' compliance that's costing working Australians billions in unpaid super. In a statement, ISA said: "The auditor has found the Australian Tax Office's (ATO) reluctance to 'proactively' ...

BlackRock backs stablecoin issuer

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... Management and Research. The global internet finance firm is also the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies with over US$50 billion in circulation. In addition to its corporate strategic investment and role as ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... try to help us reconcile those as well as the directors' fees. We are as interested as you are in making sure that every dollar of a member that is spent is going to deliver value for them and is going to deliver better outcomes." Several days after ...

Clients place more value on human advice: Vanguard

CHLOE WALKER  |  FRIDAY, 1 APR 2022
A recent survey of US investors found the perceived value-add to annual performance was 5% when advice was provided by a human compared to 3% for digital-only. Surveying more than 1500 US investors who used a human adviser, digital service or both ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... parental leave is also AIST's biggest gripe, particularly given 90% of all parental leave is taken by women. "For every dollar a man earns, a woman earns 67 cents on average, and women have 40% less superannuation on retirement and live longer," AIST ...