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Showing 631 - 640 of 1614 results for "Majority of"

Pacific Current invests $95m in US firm, sells Aussie infrastructure stake

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... Group that it is selling its residual 10% stake in RARE Infrastructure. In October 2015, Pacific Current Group sold a majority of its holding in RARE to Legg Mason. The latter is the majority shareholder in RARE, owning a 75% stake. The original sale ...

Statements of Advice: Out with the old

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... need to provide advice on paper," Marshan said. Despite ASIC declaring itself technology agnostic, Marshan said a majority of the advice industry is still producing "100-page doorstops" that contribute to a lack of client engagement and understanding. ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... Carney hinted at a rate hike months before, but didn't). "At its meeting ending on 20 June 2018, the MPC voted by a majority of 6-3 to maintain Bank Rate at 0.5%. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade ...

HESTA commits $40m to impact investments

ALEX BURKE  |  THURSDAY, 7 JUN 2018
... to HESTA. It has a specific focus on impact investments in the health and community services sector, in which the majority of HESTA members operate. "Our successful partnership with SVA provides a blueprint for institutional investors," HESTA chief executive ...

SMSFs missing out on returns

KANIKA SOOD  |  WEDNESDAY, 6 JUN 2018
... have more money parked in cash and less in equities when compared to higher-performing SMSFs. "This means that the majority of SMSF members are in funds likely to achieve lower than ideal investment outcomes. To ensure their retirement savings last as ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... CBA's Australian and New Zealand life insurance businesses for $3.8 billion. In early May, NAB announced to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank ...

BetaShares launches fixed-rate corporate bond ETF

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
... index from a German provider for CRED, the Solactive Australian Investment Grade Corporate Bond Select TR Index. "The majority of fixed income indices tend to adopt a market capitalisation approach. While it is well understood and accepted in equities ...

Advisers still resistant to social media

JAMIE WILLIAMSON  |  THURSDAY, 31 MAY 2018
... 60% of financial advice practices are yet to integrate social media into client engagement strategies despite the majority of Australians using some form of social media every day. Latest research from Netwealth shows 40% of advice practices use social ...

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... retirement. FSC chief executive Sally Loane acknowledged the PC's analysis shows the system is working well for the majority of Australians, but said it also demonstrates that having default funds tied to employers and workplace relations via enterprise ...

$900bn of wealth soon up for grabs: Research

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
... their business model in the event of an adviser exodus coinciding with an ageing client demographic. "With the large majority of advised clients transitioning to retirement and beyond, advisers need to have the skills and capacity to service that demographic," ...