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Showing 941 - 950 of 3289 results for "Above"

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... is to transfer the current level of cover to the closest available number of "fixed premium death only" units equal to or above the current level of cover under the new arrangements. The second option is to move to the equivalent "fixed amount death ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
... p.a. management costs. The underlying fund is going strong with $1.5 billion in funds under management and has delivered 1% above benchmark's 11.9% p.a. in total returns since its September 2011 inception, as at April 30. The boutique had $5 billion ...

Super fund increases premiums

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... accumulation accounts or have account balances below $6000," it explained. "As a result of the legislative change described above, we have also decided that from 1 July 2019, this '12 month' cessation of cover rule will no longer apply. "Instead ...

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... lockdown period and the minimum investment size is $100,000. Fees are a 1.5% p.a. management fee plus a performance fee above a 6.5% net p.a. hurdle. Perennial is raising a minimum of $50 million to $100 million max for a late July close. Perennial Value's ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... Global Financial Crisis in 2008-2009. Australian tenners at 1.48% are at record lows; the UK's has fallen to 0.9% - still above the 0.5% low after the Brexit referendum in 2016 but way down from the GFC low of 2.95%. Meanwhile, Euro bond yields are ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... be comfortable if you do not own your home, suggesting that in terms of retirement priorities, homeownership should rank above increasing superannuation balances," CIS states. "For millennials in particular, the first generation to enter the workforce ...

Boutique fund manager rebrands

ELIZABETH MCARTHUR  |  TUESDAY, 28 MAY 2019
... Australian Eagle Asset Management chief investment officer Sean Squira said the Australian Eagle Long Short Fund had performed above benchmark. "Performance of 20% per annum or 8.2% above benchmark over the nearly three years of the fund's life is a ...

Natixis backs gender diversity

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... women," Watson said. "Interestingly, the World Economic Forum ranks Australia 39th in the world in terms of gender gap - above the global average but much lower than our closest neighbour New Zealand, which ranked 7th. "Our low rank was in part determined ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... indicators have improved. Retail sales growth accelerated to 8.7% in the year to March from 8.2% in the previous month - above market expectations for a 8.4% gain and the fastest rate since September 2018. Annual growth in industrial production sped ...

Healthcare property a buy

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... Smith explained. "We are seeing tighter capitalisation rates with newer participants entering the sector and paying well above current market valuations for assets like hospitals and medical centres." He added Australian Unity is "happy to wait" until ...