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

Search Results

Showing 461 - 470 of 1796 results for "Returned"

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
"The global economy has now returned to pre-pandemic activity levels." This was what the Organisation for Economic Cooperation and Development's (OECD) latest 'Economic Outlook' report revealed as it upgraded its projections for the world ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... statement to the ASX, AMP confirmed a remediation program commenced in 2019 found breaches dated back to 2011. The program returned $5.3 million to estates and representatives of deceased customers, including some that are the subject of this action. ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... 1992. However, in Japan - where infections are rising and a state of emergency re-imposed - the Composite Output Index returned to contraction, held back by the persistent contraction in the services sector that's partly negated by four straight ...

Hostplus eyes Intrust merger

KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 21 MAY 2021
... about 96,000 members, and 30,000 employers in the hospitality, clubs, tourism and retail sectors. Its MySuper product returned 6.7% p.a. in the three years and 8.29% p.a. in the 10 years ending April 30. Hostplus and Intrust's merger talks are in ...

Boutique firm expands team

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
... financial planner at both Prosperitus and Ecential Financial and was also a financial adviser at AMP. Julian de Blonk has returned to MGD having spent more than 10 years with the firm before joining Tynan Mackenzie as a private client adviser. de Blonk ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... accounted for in line with the returns reflected in our investment option unit prices." Sunsuper's Balanced option returned 21.3% for the year to 31 March 2021, compared to the industry average of 19.3%, the fund said in a statement. "..The ICR performance-related ...

Pengana appoints manager for global equities

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... Axiom manages US$19 billion in total assets, including for institutional investors. The Axiom Global Equity strategy has returned 11.64% p.a. over 10 years, and 17.30% p.a. over three years - better than benchmark. "We are excited to be able to bring ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... performance for the three years to March end, according to latest Rainmaker analysis. Virgin Money Lifestage Tracker 1973-1983 returned 9.3% over three years, followed by UniSuper's balanced option and GuildSuper Lifecycle Growing at 9.1%. They were ...

TCorp hires CBA capital markets executive

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... a pre-tax profit of $74.9 million over FY20, down from $124 million compared to the prior corresponding period. TCorp returned $75.5 million to the state in its latest dividend payout.

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... economy showed encouraging strength. Although the service sector continued to be hard hit by lockdown measures, it has returned to growth as companies adjust to life with the virus and prepare for better times ahead." Even better, Factset reports that ...