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Showing 461 - 470 of 1589 results for "Majority of"

BDM pay healthy despite headwinds

ELIZABETH MCARTHUR  |  TUESDAY, 12 NOV 2019
... taken a hit from the Royal Commission, as has demand for BDMs across the industry, according to Kaizen. However, the majority of BDMs still receive bonuses of between 35% - 55% of their base salaries. Salaries for head of sales/distribution roles vary ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
... off, De Ravin believes the rule of thumb will help retirees keep their spending on track in a simple manner. "The majority of Australians are members of defined contribution superannuation schemes, and on retirement they apply the balance of their account ...

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... three months. Synchronised Business Services was one of the few winners in recent adviser movements, while the vast majority of licences lost advisers Synchron's adviser count grew from 505 to 528. Shaw and Partners Financial Planning also experienced ...

The cost of mental illness

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... properly. But, Lydon explained, the report has take-home messages for every employer. "We've got to realise that the vast majority of people living with mental health conditions are workers," she said.

Super investment menus not what they seem: Rice Warner

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... "Industry superannuation funds have traditionally offered relatively simple investment menus to accommodate the vast majority of their members who do not actively engage with the fund around investment choice," Rice Warner said. "By contrast, retail ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... additional conditions in relation to governance, structure and compliance. Under the conditions, IISL is required to have a majority of independent directors with skills and background relevant to the operation of managed investment schemes and IDPS ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... services to ensure they deliver the right outcomes for customers, and if necessary, make further provisions." The majority of costs relate to customer payments, $191 million for ongoing advice service fees, with the remainder associated with the costs ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder that there are severe penalties for those who attempt to cheat ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... appropriate life insurance solution, based on a client's circumstances, needs and objectives. "On the other hand, the majority of institutional licensees continue to operate limited APLs to ensure that new business flows through to related-party ...

Insto sales director departs Principal Global Investors

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
... capabilities." The firm manages $3.8 billion in assets in Australia, down from $4.5 billion at the start of the year. The majority of this is for institutional clients across its strategies in equities, fixed income, real estate, alternatives and multi-asset. ...