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Showing 671 - 680 of 1553 results for "Offset"

Challenger annuity sales grow 12 per cent

DARREN SNYDER  |  FRIDAY, 16 OCT 2015
Challenger Life has recorded a 12% increase in annuity sales during the first quarter of the 2016 financial year when compared to the same period last year. Annuity sales in the three months to 30 September 2015 totaled $884 million, with retail sales ...

ETF inflows defy choppy markets

MARK SMITH  |  TUESDAY, 13 OCT 2015
... this inflows continued to be strongly positive, meaning that the loss of funds from market movements was almost completely offset by inflows." Total net inflows for the market in September was $503 million, slightly above the monthly average for the ...

Aussie pension policy needs careful adjustment: IMF

DARREN SNYDER  |  THURSDAY, 1 OCT 2015
... The IMF's latest economic assessment of Australia says low income earners lose out where subsidies are insufficient to offset the effectively higher average tax rate on superannuation contributions than on other earnings. "Aligning tax rates on contributions ...

Government should super seed low income earners

DARREN SNYDER  |  MONDAY, 7 SEP 2015
... in that year. "Combined with increased earnings taxes on the higher level of savings around half of the long run cost is offset, making it highly affordable in its own right," the ISA statement said. According to a report released by the Australian Centre ...

Cash is king at the Future Fund

LAURA MILLAN  |  WEDNESDAY, 2 SEP 2015
The Future Fund has reported a 15.4% return for the year to 30 June 2015 and has dramatically increased its cash exposure to 19.5% as it expects higher volatility and lower global growth. The fund's cash exposure has increased from 11.2% to 19.5% in ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... upturn in state and local government spending, and an acceleration in nonresidential fixed investment that were partly offset by decelerations in private inventory investment [a positive for the future because inventories will have to be replenish] ...

Asia: Between fortune and fate

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... in thirty years that the world's largest democracy had voted a single-party majority. Modi's plans for economic reform offset enthusiasm among investors, who were quick to increase their allocation in India and who anticipated fast economic growth. A ...

Centrepoint's wealth business up 10pc

DARREN SNYDER  |  MONDAY, 24 AUG 2015
Centrepoint Alliance's wealth business recorded an underlying pre-tax profit of $7.1 million for the last financial year, up 10% on the year prior. Announcing its full-year results to the Australian Securities Exchange (ASX) on Friday, Centrepoint also ...

Below benchmark performance hurts Platinum

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
... the currency weakens. He acknowledged that "we have seen reasonable flows from private investors though this was partly offset by some institutional accounts redeeming investments because of a desire to change their asset mix." Platinum's yearly report ...

Australians need another $130,000 for retirement: ASFA

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
The idea you will need $1 million in retirement appears to be further busted after the Association of Superannuation Funds of Australia (ASFA) released its latest retirement standard. However the updated ASFA figure suggests Australian's will need to ...