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Showing 721 - 730 of 2375 results for "Majority"

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... result, FPA members currently receive on average around 8% of their total revenue from investment commissions, with the majority of this being phased out by 1 January 2021 when grandfathered commissions will cease. "The FPA supports the government's ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... operation of mobile solar generators. However as the SEC alleges, more of the generators were never made and the "vast majority" of lease revenue paid to investors was actually new investor funds repurposed by the Carpoffs. Allegedly, the Carpoffs arranged ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... didn't ask them to nominate an existing super account for the refunds to be paid into. The spokesperson said the majority of money returned was to existing members who still have active AMP super accounts. However, the refunds for those without existing ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... companies to take action on climate risk at a time when they also face greater geopolitical and cyber risk challenges." The majority of younger respondents believed that "extreme heat waves" (88.8%), "destruction of ecosystems" (87.9%) and "health impacted ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... markets, continued our Commercial Banking international expansion, and became the first US bank to be approved for a majority-owned securities business in China," he said. "We continue to make large investments in technology, including AI, cloud, digital ...

Dixon cuts US property fund value

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
... forecast net operating income." URF owns around 670 properties on the US east coast, totaling around $961 million with the majority of its property portfolio in the US$2 million to US$3 million range. The new management team, appointed in August last ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... investment fees which went down from 0.15% to 0.13% per year and indirect costs which went from 1% to 0.92% per year. Majority of TWUSuper's assets are in its balanced (MySuper) option at roughly $5.1 billion of the fund's $5.8 billion in total ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
"MPs voted to give third reading to the Withdrawal Agreement Bill (WAB) by 330 to 231 - a majority of 99 - which allows the bill to sail through to the House of Lords where peers will begin line by line scrutiny next week." This the latest news from ...

MLC Life Insurance under review

ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
... profitability in relation to income protection products, according to MLC Life Insurance owner Nippon Life. The Japan-based majority shareholder of MLC Life purchased the business off National Australia Bank in 2015, though the two parties are currently ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
... should use the period to step back and assess how they stand against the code. 2. Stance on conflicts of interest "The majority of stakeholders raised concerns with Standard 3 highlighting that the intention of the Code is inconsistent with the existing ...