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Showing 551 - 560 of 1909 results for "Stay"

Retirees value home over super: Research

ANNABELLE DICKSON  |  FRIDAY, 9 OCT 2020
... balances, new research shows. Household Capital's 2020 Retirement Outcomes survey reveals 73% of homeowners aged over 60 want to stay in their current home but the median home value is 4.5 times the value of their super balance. For retirees living in ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... able to continue exploiting them as we did in March when the return was 5.66%," Hyams said. "With deposit rates expected to stay at extremely low levels for the long-term, we saw the need for liquid alternative products within an easy to access investment ...

Corporate fund overhauls admin fees, premiums

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
A $1.5 billion corporate superannuation fund has reduced death, total and permanent disability (TPD) premiums and administration fees - but income protection premiums will rise. Mercy Super reduced admin fees for super accounts from $1.10 a week plus ...

VGI Partners co-founder steps down from board

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... a technicality. Douglas Tynan resigned from his executive position at VGI Partners in June and signaled his intention to stay on the board and remain an investor in the funds. However, as Tynan was an executive director of VGI prior to his decision to ...

Sanlam withdraws from 8IP relationship

KANIKA SOOD  |  MONDAY, 21 SEP 2020
Sanlam Private Wealth says it has terminated its agreement with Eight Investment Partners. In January 2019 the two entered a strategic support agreement, with Sanlam to provide middle office services to 8IP, which was founded in 2009 by Kerry Series. ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
... fulfil its purpose of giving members a comfortable retirement balance. He said it was "non-negotiable" that Hostplus would stay the course of its investment strategy. "The only benefit to having cash is the flexibility it affords if some unlisted asset ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Japan has a new prime minister. Yoshihide Suga is his name. Suga will officially be Prime Minister following a parliamentary vote on September 16 after being elected President of the ruling Liberal Democratic Party (LDP) two days earlier. Prime Minister ...

Fees fall after super mergers: Research

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... fees going into the merger, seven of the 11 saw an average reduction of 5%. Meanwhile, nine of the 11 funds saw fees drop or stay the same when comparing the average pre-merger fees against those post-merger, with the average fall coming in at 14%. "Mergers ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... in 2018. We have in our opinion made ours in what we think will be best for our clients. We are not being remunerated to stay or move but from our clients point of view they want certainty of advice in these uncertain times," he said.

Law firm summarises report AMP won't release

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... manager Pahari should have ensured Szlakowski was not exposed to comments from his friends. Pahari did pressure Szlakowski to stay in London and did offer to buy her a dress and shows and take her out, Bornstein said the AMP document admitted. This was ...