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Showing 5191 - 5200 of 9317 results for "Red"

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
News that China has revised its 2014 growth estimate from 7.4% -- the lowest in almost 25 years and missing its 7.5% target for that year - to 7.3% may have raised only a few eyebrows but it certainly added fuel to accusations that the People's Bank ...

MySuper fees force super fund to exit high return strategy

LAURA MILLAN  |  MONDAY, 7 SEP 2015
The requirement to charge low fees under MySuper has forced one superannuation fund to exit a Principal Global Investments (PGI) strategy that had returned 13% over five years. PGI chief executive in Australia Grant Foster said that the super fund pulled ...

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
Industry Super Australia is proposing the federal government pay an annual $5000 superannuation contribution to lower and middle income Australians between 27 and 36 years old. Known as "Super Seed" the payment would help bridge the superannuation gender ...

Super investment fees should align with CPI

DARREN SNYDER  |  MONDAY, 7 SEP 2015
Breaking down the link between superannuation fund growth and investment fees would reduce costs remarkably, according to Frontier Advisors director of consulting Fiona Trafford-Walker. Trafford-Walker said if super funds grew at 10% per annum for the ...

New SMSFs slowing as boomers retire

ALEX BURKE  |  MONDAY, 7 SEP 2015
Net establishments of new self-managed super funds have steadily declined since mid-2014, according to ATO and APRA data. Specifically, net establishments have fallen by 24% to 22,822 in the 12 months to June 2015. While this can be partly attributed ...

Sigma wins industry fund equities mandate

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Boutique firm Sigma Funds Management has won an Australian equities mandate from a Sydney-based industry superannuation fund. The mandate goes to Sigma's Select strategy, a high conviction broad cap value strategy that has outperformed the S&P/ASX300 ...

Scrapping LISC was shameful and retrograde: Bowen

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
... proposals to reduce the gender gap in superannuation retirement incomes. Among the measures that Labor is looking at are removing red tape for companies willing to positively discriminate women by increasing the superannuation contribution for female ...

Cash is king at the Future Fund

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
The Future Fund has reported a 15.4% return for the year to 30 June 2015 and has dramatically increased its cash exposure to 19.5% as it expects higher volatility and lower global growth. The fund's cash exposure has increased from 11.2% to 19.5% in ...

Super doing its job: Actuaries Institute

MARK SMITH  |  WEDNESDAY, 2 SEP 2015
The superannuation system is doing its job, a newly published white paper from the Actuaries Institute has concluded, but Financial System Inquiry chair David Murray argues it must be removed from political intervention. The new paper, 'For Richer or ...

Lower super fees impact Australian Ethical

DARREN SNYDER  |  TUESDAY, 1 SEP 2015
A progressive reduction in superannuation fees over the medium term is having a significant impact on revenues at Australian Ethical Investments. Yesterday Australian Ethical reported a full-year net profit after tax of $1.97 million, down 23% on 2014. ...