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Showing 751 - 760 of 3771 results for "Figure"

Aussie super asset allocation "riskier": Research

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
... Switzerland has moved the needle the furthest in alternative asset allocation within pension funds, reaching 32% in 2017. See Figure 1.7. Japan has made the biggest move however, jumping from 3% in 2001 to 29% in 2017. Noting pension funds still invest ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
It may still be early days but the Bank of Japan's (BOJ) "tweaking" of monetary appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary ...

Finance sector in top three for giving: Report

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
An inaugural report shining a light on Australia's most philanthropic corporations shows 39 companies collectively invested $867 million in community causes in the 2016/17 financial year, with the finance sector highlighted for its contribution. The ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... community benefit payment that ANZ paid as a part of the July 6 EU was an amount suggested by the bank ($1.2 million) and not a figure commanded by the regulator. "They made very early on an offer of $1 million dollars and they also offered to pay ASIC's ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... full-year results, and that it might fare worse than other banks. "From our perspective, ASIC were asking for an update figure for a customer matter that was in there, which is the 108,000 customers [of] the TERP matter which we gave them," Hagger told ...

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... 22% over the previous year. All of its activities generated a net profit after tax of $1.4 million, double last year's figure. The business has become more efficient in the past year, with gross margins now sitting at 81.2%. Expenses as a percentage ...

Life insurance loyalty waning

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... 6.1% said they did so following advice from a broker or adviser and 3.1% were recommended by a friend or colleague. The figure represents a high predisposition to switching or lack of brand loyalty in this market, Roy Morgan said. "This research has ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... it charged to customers. Initially, MLC announced it would refund $67 million in advice fees, however the compensation figure now stands at $87.1 million, after NULIS handed the updated figure to the Commission in a statement last week.

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... 'this is the wrong way to think about the situation,'" Hodge asked. Carter said he did not. The MLC/NAB compensation figure now stands at $87.1 million according to NULIS in a statement handed down to the commission last week. Yesterday the Royal ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... below community expectations. In a statement handed down to the Commission just last week, NULIS said the compensation figure has reached $87.1 million. In other matters, Hodge flagged the investment performance of MySuper funds and any deviation from ...