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Showing 7241 - 7250 of 28269 results for "NOT"

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... year on year. If we consider super assets as a share of gross domestic product, this converts to 1.6% of GDP. Looking at 93 not-for-profit funds, 68 retail offerings and seven eligible rollover funds, the average fee charged to members now sits at 1.04%. ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... discussions with creditors and shareholders." The shareholder who failed to meet its obligations under a subscription agreement was not named. Last year, Spitfire acquired platform and wrap provider Wealthtrac, which at the time was used by 6000 advisers ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... result." She added that while shareholders will benefit from the dividends which FSU described as "generous", bank workers should not be forgotten. "Of course, the bank has done well. These results reflect the hard work of bank workers on the front line ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... undertakes to return an appropriate amount of capital via an on-market buyback. Despite this, the underperforming LIC has not been able to generate sufficient distributable profits to sustain dividends. CIE chair Mark Kerr said as the company was established ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
Navigator Global Investments has entered into an agreement with Neuberger Berman subsidiary Dyal Capital Partners to acquire minority ownership interests in six of its funds. The ASX-listed parent of US-based Lighthouse Investment Partners will take ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... impact on Australian wages (those fortunate enough to keep their jobs anyway). But before you wail, "the sky is falling", it is not! Sure, many of us, Australians all, have seen a lower dollar figures on their pay slips over the past quarter (cough ...

De Ferrari refuses to discuss Wade

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... acted inappropriately with female colleagues, De Ferrari faced a series of questions about AMP's culture. However, he did not comment on either matter directly or on gender issues specifically - instead speaking in general terms about culture, inclusive ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... subject to market conditions," De Ferrari said. AMP announced a fully franked dividend of 10 cents per share. The company did not declare a dividend in the first half of last year with the board saying it would maintain a consistent approach to capital ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... of diversification during periods of crisis, bfinance said. "Recent research indicates that over 50% of asset owners were not taking a tactical view on risk assets at end-Q2 (bfinance Asset Owner Survey 2020) and only a quarter are changing their strategic ...

Warakirri launches retail funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... negative or positive screens from Warakirris' proprietary ethical overlay. "We have successfully run ethical portfolios for not-for-profit and other wholesale investors since 1993 and are seeing increased demand from advisers and their clients for investments ...