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Showing 681 - 690 of 3771 results for "Figure"

Women-led super funds continue to shine

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
Superannuation funds with more women in leadership roles are adding up to $55,000 to member balances, according to new insights. Latest Rainmaker figures show super funds with greater female representation on boards and leadership teams achieve greater ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... 60% of GDP, but it has stalled. "If you remove the population growth in Australia - of about 0.4% - from the headline GDP figure - of 0.2% seasonally adjusted in Q4 of 2018 - it shows growth is negative," Holden said. Treasurer disagrees Speaking yesterday ...

Market cap funds disappoint investors: Report

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
The vast majority of Australian funds failed to outperform respective benchmarks in 2018 and recorded relatively poor performance compared to the prior year. This is according to the latest S&P Dow Jones Indices' SPIVA Australia Scorecard, which showed ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
The "Year of the Pig" is turning out to be what it signifies - prosperity, good fortune and success. This is no truer than from the land the 12 animal signs of the lunar calendar zodiac originated - China. This is against consensus expectations that ...

Industry super performance moves members: Research

HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
Industry superannuation funds continue to impress members more than retail counterparts when it comes to financial performance. Latest figures from researcher Roy Morgan show industry super funds continue to skip ahead of retail funds in terms of member ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
AMP, Hostplus and ANZ OnePath will be hit hardest by the Protecting Your Super package, according to latest Rainmaker insight. More than five million superannuation accounts are set to benefit from the new legislation passed through the Senate last ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...

IRESS reports strong 2018

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
Financial technology provider IRESS reported solid figures for 2018, anticipating a successful 2019 to follow. IRESS group operating revenue grew 6%, driven by 7% growth in its UK business and 9% in Australia and New Zealand. IRESS cited a number of ...

Super account consolidation to hurt AMP

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
AMP will take a $30m hit to the hip pocket if it is forced to send 370,000 low balance super accounts to the ATO. Following the Senate passage of the Government's centerpiece superannuation legislation late last week, AMP informed the market it would ...

Perfect storm smashes AMP

HARRISON WORLEY  |  THURSDAY, 14 FEB 2019
... in 2018, and said it suffered outflows to its industry super competitors. In addition, its financial advice remediation figure now stands at $469 million, including a $290 million provision for potential advice remediation. In total, AMP's wealth ...