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Showing 821 - 830 of 8611 results for "Lower"

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
... optimism is clear, with less than half (46%) of local business leaders expecting a recession in 2023. This is significantly lower than their recently surveyed counterparts in the US (65%), UK (69%), India (61%), Germany (59%) and France (53%). However ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... better than forecast investment performance, contributions that were higher than necessary, long-term wage growth being lower than expected, and a higher rate of members leaving the defined benefit division before their interests full vested than anticipated. ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... insurers should be prepared for a reversal of this trend, with the possibility of the 10-year bond yield returning to a lower level. The positive impact of repricing is also expected to reverse, with the new IDII products launched following the intervention ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... size of the program to US$450 million. The HESTA Sustainable Capital Investment Trust (HSCIT) makes direct investments in lower-mid-market private equity businesses that contribute to one or more United Nations Sustainable Development Goals, including ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... option between 2007 and 2019. It was alleged that members who invested in the BT Super for Life cash-only option received lower returns because BT invested their funds through Westpac Life, allowing Westpac Life to earn fees without providing a valuable ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... outcomes. Super Consumers Australia director Xavier O'Halloran commented eight million members are now experiencing lower fees because of the greater focus on naming poor products but conceded there are still too many people insignificantly poor ...

Amber Infrastructure buys up NZ assets

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
... said. "We are now able to return capital to our investors and deliver a smooth ownership transition to stakeholders and new lower-cost capital providers. We are working hard to deliver similar excellent outcomes for our remaining local assets." The five ...

Pinnacle's performance fee revenue could plummet

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... had the potential to produce performance fees during the six-month period outperformed their benchmarks but earned nil or lower performance fees as they entered the period behind the relevant high-water marks. In other cases, style-related performance ...

ASIC abandons $500k SMSF threshold

ANDREW MCKEAN  |  FRIDAY, 9 DEC 2022
... SMSF. ASIC hasn't opted to nominate a minimum threshold but said fund expenses are proportionality higher, and net returns lower, for lower balance funds. SMSF Association deputy chief executive Peter Burgess welcomed the news, he said: "It's a significant ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... are unchanged since its full forecast update in November." "It directly cited the month CPI indicator figures, which were lower than expected (6.9%), but still cited the RBA's previous inflation forecast of a peak around 8%, before declining to a little ...