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Showing 541 - 550 of 2372 results for "Majority"

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... outward transfers. SMSF members paid a total of $3.7 billion in administration and operating expenses for their funds. The majority of SMSFs are based in New South Wales (32.8%), followed by Victoria (30.9%), Queensland (17%), Western Australia (9.4%) ...

University debt weighs on personal investing

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... HECS-HELP debt is now approaching 10 years and it's trending up," Futurity chief executive Ross Higgins said. "The majority of people who attend university (56%) are positive or neutral about the value of their university education despite, their ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... achieving performance milestones and the allocation of 336,666,667 performance shares of which Karantzis received the majority. ASIC alleges that iSignthis failed to disclose $3 million in revenue in June 2018 was one-off and non-recurring and had incurred ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... personal financial product advice to retail and wholesale clients, with Lachlan Schonfelder as its sole director and majority shareholder. ASIC refused the application in July 2019 over concerns about Schonfelder's past conduct. Schonfelder previously ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... from age 47 to 52. For those in Mercer SmartPath born after 1963, investment fees will reduce from 0.47% to 0.44% The majority of members will see reductions in investment fees and there will be more consistency in the fee structures across employment ...

COVID-19 upends business travel, technology

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... (63%) expect to continue in this direction in the future. Working from home will be commonplace for many businesses. The majority of respondents (76%) will implement hybrid office and home arrangements. In terms of recruiting, 42% of leaders want to ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
The majority of financial advisers who sat the most recent exam passed, according to the Financial Adviser Standards and Ethics Authority. FASEA has released the most recent exam statistics, which show 76% of advisers passed the October sitting. There ...

ESG bringing the family together

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... the different generations with all involved looking to make a positive impact with their wealth," the report said. The majority of HNW individuals say that they have now adapted their investments to be more ethical with 80% of those under 40 years, 78% ...

Imbalance in generational retirement income: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... in retirement would reduce inequality for future generations as inheritances would be lower rather than dying with the majority of wealth. "If most people continue to die with the majority of the wealth they had at retirement, the maturing superannuation ...