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

Search Results

Showing 911 - 920 of 1592 results for "Majority of"

FSC calls for 12% super by 2022

MARK SMITH  |  THURSDAY, 6 AUG 2015
... recommended by the Financial System Inquiry. "The FSC's definition of the objective of superannuation is to ensure that the majority of Australians achieve an adequate retirement and reduce the call on the public purse." Loane also said: "We should not ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... what the industry is attempting to deliver. "Whereas in many cases they seem aligned, one potential issue is that the majority of surveyed members display low risk tolerance, while default investment options are often relatively aggressive," Thorp said. ...

Adapt or die, asset managers warned

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
... managers (42%) are entering a new product category for the first time versus 36% opening up to a new market. The vast majority of managers (84%) say client demand for increased transparency into their investment process is influencing business strategy ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... director serving as an independent chair on super fund boards. Yet it does not support proposed requirement that a majority of both the Board Audit Committee (BAC) and Board Remuneration Committee (BRC) be independent directors. "In ASFA's view, while ...

Super decades away from maturity

DARREN SNYDER  |  MONDAY, 3 AUG 2015
... in 2002 and will not get to 12% until 2025. Importantly, most people working today have not and will not spend the majority of their working lives in it at a full 12%." Today the Australian Institute of Superannuation Trustees (AIST) and AustralianSuper ...

NZ Super Fund heavy on growth

DARREN SNYDER  |  MONDAY, 3 AUG 2015
The portfolio that holds the majority of New Zealand Superannuation Fund investments will keep its 80% growth and 20% fixed income ratio in order to meet an ongoing return mandate. Guardians of New Zealand Superannuation, who manage the $26.7 billion ...

Shares increasingly popular for Gen Y

DARREN SNYDER  |  TUESDAY, 28 JUL 2015
... investors are entering the sharemarket at an earlier age. CommSec managing director, Paul Rayson, said 20 years ago the majority of investors in the market were aged in their late 40s to 50s. "The emergence of online broking has made the sharemarket ...

Independent dealers in M&A mode

ALEX BURKE  |  MONDAY, 27 JUL 2015
... Lahinch Partners principal Andrew Waddell said migration tends to be "cyclical" and noted that despite recent news, the majority of advice practices remain institutionally aligned. "Businesses do not operate independently of the needs of their owners ...

InvestSMART launches free robo-advice tool

ALEX BURKE  |  THURSDAY, 23 JUL 2015
... financial advisers about it. The service is strictly about asset allocation. It's worth noting that post-FoFA, the majority of consumers - the mass market - can't afford $5000 fee-for-service investment advice," he said. "We see this as an educational ...

Adviser Ratings provides planner endorsements

ALEX BURKE  |  THURSDAY, 16 JUL 2015
... accolades, Adviser Ratings is using the knowledge of planners and their clients to inform consumers about the vast majority of professionals who practice their profession ethically and provide great service," said Adviser Ratings principal Angus Woods. ...