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Showing 561 - 570 of 2372 results for "Majority"

Majority of Aussies want SG rise: ASFA

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ...

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... comprehensive insurance (4104). Despite the increase in complaints, chief executive David Locke said AFCA was able to resolve the majority of complaints quickly, with complaints taking an average of 73 days to reach an outcome. "Speedy resolution allows ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... hiring activity ceased in the three months to October. Since June, recruitment activity has jumped by 47%, while for the majority (68%) of larger super funds with over 500 employees recruitment activity was business as usual. According to Kaizen managing ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. Majority of the funds getting a fee cut are across the Perpetual WealthFocus Investment Advantage Funds, while about three are across ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions to the majority of current and past workers affected, according to its FY20 financial report. About 415 employees have been overpaid an estimated ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
The Carlyle Group will acquire a majority stake in Calastone, while also announcing it has increased its offer price for Link Group. Carlyle did not disclose the financial terms of its ownership in Calastone but mentioned that it acquired the stake ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... contraventions of the order, ASIC warned. Following reviews of the instruments in 2017, 2019 and 2020, ASIC found that the majority of retail clients lost money. Between March and April 2020 for example, users lost over $774 million based on a sample ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
... The fund made a staggering $1.4 billion loss, down a whopping 109% from $16.7 billion in net profit made in FY19. The majority of losses came from the downgrade of asset fair values, plummeting from $8.5 billion to a loss of $2.8 billion year on year. ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... discussions, and it's interesting to see the poll results indicating increased confidence of a Democratic sweep, and in turn a majority of respondents looking for equity markets to be higher in a year despite the uncertainty of the recovery due to COVID-19," ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... there is a misapprehension that the corporate regulator will crack down on them. "It's for egregious misconduct, the vast majority of financial advisers do the right thing. We want advisers to use their professional judgement and service their clients ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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