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Showing 81 - 90 of 294 results for "Recording"

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... three out of every four dollars lost in February and March. The 2021 financial year kicked off in positive territory, recording two consecutive months of gains to August, Rainmaker's latest super performance tables show. MySuper products offered ...

Super contributions rise despite ERS

ELIZA BAVIN  |  WEDNESDAY, 26 AUG 2020
... than in the June 2019 quarter. Personal contributions for the June 2020 quarter ($7.8 billion) were particularly soft, recording the lowest June quarter figure since June 2016. Total contributions for the year ending June 2020 were $120.6 billion, while ...

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... next-door neighbour New Zealand as well. Just a few days after the world was celebrating and praising New Zealanders for recording 100 days of zero infection - 102 to be exact - came reports of four new infections, prompting Prime Minister Jacinda Ardern ...

Tasmania leads the nation: CommSec

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... average) and NSW (33.3% above the decade average)." Western Australia scored the worst in unemployment in CommSec's survey, recording its highest jobless rate since January 1994 (63% above the decade average). In five of the states and territories, construction ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... second quarter. In addition, nine of the new listings met their subscription targets and performed well for investors, recording an average gain of 16% compared to the 12% loss recorded on the All Ordinaries Index. HLB Mann Judd partner and author of ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... as record net inflows of $9.1 billion for the FY20. Netwealth had $7.3 billion in funds under management at June 30, recording net inflows of $500 million for the quarter, including inflows of $400 million into managed accounts.

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... versus 65% of those who did not seek guidance. According to Roy Morgan, retail funds saw the biggest increase in ratings, recording a 2.2% rise year on year. However, it did little to boost the retail sector's overall score which came in at just 58.7%. ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... under-reporting of breaches relating to claims decision timeframes indicates that subscribers lack sufficient processes for recording and reporting such breaches." The committee's criticisms didn't stop there, with the report adding that the corporate ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Rio Tinto has been excluded from two portfolio options of a major industry superannuation fund following its destruction of 46,000 year old Indigenous heritage sites at Juukan Gorge last month. First State Super has dropped Rio Tinto from the diversified ...