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Showing 5061 - 5070 of 9317 results for "Red"

Another Aussie jobs surprise

BENJAMIN ONG  |  FRIDAY, 15 JAN 2016
Despite growing worries over China, commodity prices, Fed policy and the slow transition from resources to the non-mining sector of the economy, the Australian labour market remains resilient. The Australian Bureau of Statistics (ABS) reported that ...

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Lifting the superannuation guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget. This is according to the latest modeling from PwC prepared for the Financial Services Council ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test. In June last year the federal parliament introduced a 10% cap on defined ...

Aussie large-cap active managers endure massive outflows

DARREN SNYDER  |  WEDNESDAY, 13 JAN 2016
Researcher Morningstar estimates Australian equity large-cap unlisted funds lost between $3 billion and $12 billion in assets per year over the last five years. In its latest Australian Equities Large-Cap Sector Wrap, Morningstar said active managers ...

Standard Life Investments sponsors 2017 Lions tour

MARK SMITH  |  TUESDAY, 12 JAN 2016
... sponsorship partner for the 2017 British & Irish Lions tour of New Zealand. The global asset manager will sponsor the famous red jersey of the combined England, Scotland, Wales and Ireland rugby union team, replacing the association with HSBC. "Standard ...

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
... 6.7%; the Nikkei-225 index retreated by 7.0%; the FTSE-100 index lost 5.3% and the All Ordinaries index finished 5.5% in the red -- all in the first week of the first month of 2016. To be sure, news headlines at year's start weren't encouraging: The ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
Offering a choice of superannuation fund to more Australian workers doesn't mean they will exercise the opportunity, nor make any better long-term investment decision. This was one of several views presented by REST Industry Super in its submission ...

SSGA cuts fees on SPDR S&P/ASX 200 ETF

MARK SMITH  |  FRIDAY, 18 DEC 2015
State Street Global Advisors (SSGA), has cut the fee on its SPDR S&P/ASX 200 Fund from 0.286% per annum to 0.19% per annum. The fund, which has the ASX ticker code STW, was the first ETF listed in Australia. With $3.1 billion in assets under management ...

Magellan prepping ASX-quoted version of infra fund

MARK SMITH  |  FRIDAY, 18 DEC 2015
Magellan Asset Management is replicating the structure of its innovative ASX-quoted managed fund for its global listed infrastructure fund. The move, expected to be completed in the first half of 2016, follows the success of the listed Magellan Global ...

Pillar layoffs unrelated to privatisation

ALEX BURKE  |  FRIDAY, 18 DEC 2015
Pillar Administration has denied that calls for voluntary redundancies are related to the upcoming sale of the company. In fact, Pillar chief executive Peter Brook explained, the superannuation administrator had been planning to reduce employees since ...