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Showing 581 - 590 of 1614 results for "Majority of"

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... super and wealth management operations by the end of 2019. It retained 20% of MLC's life insurance business, the majority of which was sold to Nippon Life in 2015. Two years ago, NAB merged five of its super funds into one, creating the largest retail ...

Why indexing is big business

KARREN VERGARA  |  TUESDAY, 4 DEC 2018
... benchmarked. Conversely, Bloomberg benchmarks US$14.4 trillion of fixed income assets to its indices. Across the board, the majority of strategies are active. IIA figures show equity indices overwhelmingly dominate over 95% of the benchmarks. NYSE-listed ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... deal flow." He added that about 340 institutional investors work with IFM globally and 270 of those are offshore. The majority of IFM's revenue and bottom line comes from offshore. Commenting on the industry fund movement at large, Weaven said a "death ...

Retirees happier as they get older: Research

HARRISON WORLEY  |  THURSDAY, 29 NOV 2018
... members become progressively more content throughout their retirement years," Livanas said. "The good news is the majority of members feel content relaxed and happy about their retirement. "Additionally, they are much less likely to feel sad, and feelings ...

Productivity Commission pushes for superannuation scale benefits

KARREN VERGARA  |  MONDAY, 26 NOV 2018
... impediments to gaining scale that could contribute to inefficiency, the report said. Modelling over the period shows the majority of funds realised economies of scale in administration and investment fees. On average, administration expenses are typically ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... change means that AFCA is now able to consider complaints from over 98% of small businesses. This covers the vast majority of small businesses in Australia and removes the need and expense of going to court to resolve financial disputes," she said. AFCA ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
"There was a higher rate of wage growth recorded across the majority of industries in comparison to this time last year, reflecting the influence of improved labour market conditions. Annual wage growth at the Australia level was 2.3%, the highest growth ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... heavily reliant on a primary AFSL contributing a large portion of their adviser numbers, Rainmaker said. For instance, a majority of the AIOFP's membership is licensed by Interprac Financial Planning and the majority of the FBAA's is aligned with AMP ...

Life insurers fear genetic testing changes

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
Majority of life insurance companies fear the availability of genetic testing to consumers will be more disadvantageous and complex, and will have a negative impact on their business, a new survey shows. Strategic Insights' survey of retail, direct ...

Macquarie, CFS top Aussie fund manager list

KARREN VERGARA  |  TUESDAY, 30 OCT 2018
... assets managed, of which 7.4% was managed in the UK. Japan held 4.8% of the AUM, while Australia represented 1.4%. The majority of total assets (77.6%) are still managed actively, while the share of passive assets grew from 19.5% to 22.4% in the last ...