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Showing 661 - 670 of 3110 results for "% Estimate"

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
The $450 threshold, a relic of the superannuation system from 1992 when employers argued it would be too difficult for administrators to pay super on small wages, has finally been scrapped in a win for women - but this is just one small step in addressing ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
One of the 13 super funds to fail last year's performance test is going to halve its percentage-based administration fee, a move expected to cement it as one of the cheapest MySuper products on offer. AMG Super will reduce the percentage-based component ...

Millions of trees needed to offset NFTs

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
Despite being digital assets and intangible in nature, non-fungible tokens (NFTs), have a significant environmental impact. A new calculator launched by NFT Club revealed it would take almost four million trees to offset the carbon emissions of the ...

SMSFA welcomes ATO adjustments

CHLOE WALKER  |  THURSDAY, 24 FEB 2022
The SMSF Association has welcomed adjustments made by the Australian Tax Office (ATO) to align its SMSF performance calculations more closely with the methodology used for APRA-regulated funds. In its 2019-20 SMSF statistical overview report, the ATO ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
IOOF, now known as Insignia Financial, has delivered a firm first half result. The company reported underlying net profit after tax up 79% on the previous corresponding period, a gross margin of $778.4 million up 122% including a six-month contribution ...

International hiring spree: Robert Half

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
Recruitment firm Robert Half is reporting that there is fierce demand for international talent as Australia's borders open this week. Robert Half estimates that the shortfall of international talent from two years of closed borders will take at least ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
Startup superannuation fund GigSuper is now in administration less than five years after it launched. DW Advisory was appointed as administrator on 10 December 2021. DW Advisory held a creditors' meeting on January 22 online, detailing the financial ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
Scenario analysis from Schroders indicates that an Australian private debt portfolio could have outperformed the Your Future, Your Super fixed income benchmark. The analysis performed by Schroders alternatives director Claire Smith showed it would have ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
Brookfield is considering its future, saying it may look to spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether ...