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

Search Results

Showing 71 - 80 of 231 results for "Equate"

Chief economist update: A sensationalised version of the flu?

BENJAMIN ONG  |  FRIDAY, 28 FEB 2020
"Is this the real life? Is this just fantasy? Caught in a landslide, No escape from reality." - Queen, Bohemian Rhapsody Yes Virginia, you'll be exclaiming "mama mia, mama mia" too when you see the red inks splattered by equity markets everywhere. ...

Costs spiral for baby boomers

ALLY SELBY  |  TUESDAY, 18 FEB 2020
Aussie retirees will have to fork out an extra $1292 a year to live comfortably, and they have the drought and rising house prices to blame. The Association of Superannuation Funds of Australia (ASFA) found that over the year to the December quarter ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
AustralianSuper will introduce a new fee for MySuper members from April 2020 to offset the impact of the Protecting Your Super changes. Effective April 1, AustralianSuper's members will start paying the 'Administration fee - Protecting Your ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... accounts holding $10,000 up to $49,999 are slugged 0.89% and those with more than $50,000 pay 0.65%. What's more, the fees equate to a huge chunk of the fund's returns which have been consistently low for some time. That said, the fund does have ...

MySuper heat map lauds industry funds

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
Industry super funds fared best in APRA's first MySuper heat map, forming the majority of products given the all clear by the regulator. APRA's MySuper heat map, released this morning, demonstrates the lead large industry super funds have over ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Australians should not be able to be defaulted into or even be able to choose to enter an underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... financial stability, and create more thriving communities to do business with," Steel said. "Ultimately, healthier stakeholders equate to a healthier bottom line."

Impact investing difficult to measure

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... investors indicate that if appropriate investments are available in the future their impact investments will collectively equate to $1.6 billion (assuming today's AUM)." 57% of active impact investors reported that they expected competitive market rate ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ...