Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 691 - 700 of 5326 results for "Third"

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Superannuation market defies capital market chaos

ANDREW MCKEAN  |  MONDAY, 24 APR 2023
... steadily increasing towards 12%, member contributions have been declining, with the above-SG contribution rate falling by one-third since 2009 to reach 7% in 2022. A more alarming trend, the rising share of total benefit payments paid as lump sums, which ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... be substantially more due to a number of factors including the taxing of unrealised gains, the lack of access to the one third Capital Gains Tax discount that applies to super funds and the lack of access to the benefit of franking credits that would ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... 2% over the same period, reaching $102 billion. Challenger managing director and chief executive Nick Hamilton said: "Our third quarter performance reflects our efforts to remix annuity sales, with a focus on growing longer duration retail retirement ...

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... Partners, formerly Contango Asset Management, acquired Brookvine for an undisclosed amount. Founded in 2001, Brookvine offers third-party distribution and other funds management services to institutional managers. Its partners are THB Asset Management ...

Aussies happy with compulsory super: Data

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
Australians are firm believers in the superannuation system, with 80% of fund members believing those who are self-employed should also be mandated to contribute. This is a headline result from the Association of Superannuation Funds of Australia (ASFA) ...

Love affair with managed accounts continues

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... the past year. ETFs are used as an underlying product by 63% of current managed accounts users, Schaffer said. Further, a third of potential managed account users would like to see more ETFs as the underlying product within managed accounts. "Why I'm ...

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
According to new data, 80% of Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
... hone approaches to better identify and mitigate misconduct. Regulators should enhance their internal capabilities or employ third-party vendors to streamline surveillance and supervision efforts. Developing technological tools, utilising advanced data ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... clients, helps advisers meet legislative and professional obligations. "We rely on ratings houses to provide an independent third-party robust assessment on the suitability or otherwise of a particular investment. However, having said that we are all ...