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Showing 631 - 640 of 2382 results for "Finding"

Funds will fail YFYS test multiple times: Parametric

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
... can deliver excess returns in a relatively more predictable manner." Willis Towers Watson ran the numbers recently too, finding a product with a 10% probability of underperformance in any eight-year period has a cumulative probability of underperformance ...

Class launches SMSF auditor tool

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
The SMSF technology platform has launched an online tool to assist accountants in finding suitable SMSF auditors for their clients. The tool will allow accountants to request quotes from different providers that connect directly to the Class product ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
A new study finds that the coronavirus pandemic has raised awareness about the importance of financial advice and prompted more Australians to engage with their adviser. A study by ASX-listed firm ClearView shows that demand for financial advice is ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... of parliament elected to run the nation," he said. He quizzed Stewart on the average Aware Super member balance, after finding out that it was around $130,000 he asked whether she thought it was appropriate to pay her chief investment officer "four times ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The average super fund has a 10-15% chance of failing the Your Future, Your Super performance test in any given eight-year period, but some may need to dive a little deeper to determine how at-risk they are, Willis Towers Watson says. Following analysis ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... advice and scaled advice overhauled. It is too long and clashes with the FASEA requirements, they said. One interesting finding is that over two thirds of the 215 participants, when asked about robo-advice, said they do not provide it and do not intend ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund. The institution is selling the life insurance division for NZ$400 million ($373 million) in addition to a ...

Adviser ETF use grows

ANNABELLE DICKSON  |  TUESDAY, 29 JUN 2021
Financial advisers have increased their adoption of exchange-traded funds (ETFs) as demand for access to specific markets surges, new research shows. The latest BetaShares/Investment Trends ETF Report revealed 75% of Australian advisers are now using ...

Catholic, Equip SFT to see Fairley exit

JAMIE WILLIAMSON  |  FRIDAY, 18 JUN 2021
... things to do and I have no interest in going home to mow the lawns," he said. But for any super fund chiefs or chairs finding themselves reaching for the phone, think again. "I would not take on a chair of a fund that was going to be in competition with ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... recorded in March this year - itself, a positive indicator, as more jobseekers re-enter the labour force amid optimism in finding employment. And why the heck wouldn't Australians see the glass more than half-full? Not when the NAB business survey ...