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Showing 571 - 580 of 1590 results for "Majority of"

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... we immediately suspend a customer's account which means they will never be caught in revolving debt. "The vast majority of our revenue is derived from fees paid by retailers and merchants, which allows us to offer an interest-free product to consumers," ...

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
... 90% of people believe sustainable investing to be important. BT said the ESG exclusions had been applied across the majority of its internally managed funds - including its $21 billion asset rich MySuper funds from October 1. The remaining funds will ...

Adviser-client relationships not swayed by RC

JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
... are both telling us that there are good advisers who are doing a great job," Lippiatt said. "However, given that the majority of Australians currently don't have an adviser, the challenge for us as an industry is to make financial advice more affordable ...

Industry fund drops life premiums, pension fees

JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
... new group cover deal with MetLife, REI Super has cut premiums on death and disablement insurance, benefitting the majority of its members. The lower premiums, introduced on October 1, will see members save up to 6%, REI Super said. "Lower insurance premiums ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
... customers, the law firm believes NAB knew that its credit card insurance was likely to be of little use - given the majority of cardholders were existing NAB customers - but nonetheless pushed the insurance and charged millions in premiums. Customers ...

Aussie fund managers face machine learning challenges

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
... 140 respondents in Tokyo surveyed said they've started to use machine learning to generate investment signals. The majority of participants in Sydney (53%), Singapore (52%) and Mumbai (70%) are investigating or just starting to look into using machine ...

Big-spending retirees live in Melbourne: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... living in Stonnington would need a superannuation balance of more than $403,000 to sustain their spending habits and a majority of that is spent on leisure or discretionary items. Caboolture retirees' (60%) spending on essential goods and services significantly ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... around 40 of which joined last year. AIMA does not disclose individual member names. However, it represents "a vast majority of hedge funds" that have local operations in Australia, the body said. It has worked with the regulators on regulation around ...

WAM Capital commences LIC takeover bid

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... redundant, compensating benefits per their entitlements. If WAM acquires between 50.1% and 90%, it will seek to appoint a majority of WAM nominees to WDE's board; may seek a de-listing; and acquire more shares. WAM has not yet decided whether it will ...

SMSFs outperforming MySuper: Research

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... higher weighting to cash and lower allocation to equities than larger, better performing SMSFs. This means that the majority of SMSF members are in funds likely to achieve lower than ideal investment outcomes, SuperGuard 360 said. SuperConcepts figures ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
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  |   11:09AM
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  |   12:20PM
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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