Search Results | Showing 11 - 20 of 50 results for "Slashes" |
| | | Embattled wealth manager Evans Dixon has revealed it fired 20% of its staff, as it reports its underlying earnings were down 22% for the half-year to $20.8 million. The firm cut 14% of its staff in its wealth advice business, 5% of its E&P business ... |
| | | | State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ... |
| | | | About 6000 financial advisers are set to lose $1700 per year in revenue, as Colonial First State starts to put grandfathered commissions to bed. The $145 billion manager is starting the phase out of grandfathered commissions with a small slice of the ... |
| | | | Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ... |
| | | | Deutsche Bank is pushing past a "difficult period" by overhauling its global operations, resulting in 18,000 employees losing their jobs. The European bank announced overnight it will exit global equities functions of sales and trading, but retain an ... |
| | | | The $67 billion superannuation fund is reducing some of its fees as part of the Protecting Your Super changes. From July 1, Sunsuper is slashing weekly fees for pension members from $3.00 to $1.50. It will also reduce investment fees for its default ... |
| | | | A $5.5 billion superannuation fund scrapped several fees, discounted its insurance premiums and changed administrators. EISS Super announced several changes that took effect from 1 October 2018 affecting its superannuation, pension, retirement scheme ... |
| | | | At least 50 staff members at TAL have been made redundant as part of a wider move to scale back its direct life insurance business. TAL said an ongoing program of change has been underway for some time and has so far resulted in reduced staffing requirements ... |
| | | | The chief executive of Freedom Insurance Group has left the company effective immediately and more than half of its workforce is being made redundant. Chief executive Keith Cohen, who has been at the helm for nearly nine years, will be replaced by chief ... |
| | | | Financial planning software provider AstuteWheel launched its latest tool which slashes the risk advice process to one hour. Astute Insurance Planner was created in partnership with an OmniLife app and YTML to integrate different systems and help financial ... |
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