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Showing 41 - 50 of 50 results for "Slashes"

Super SA slashes mgmt and admin fees

RUTH LIEW  |  THURSDAY, 2 JUL 2009
Super SA has rebranded its allocated pension option to become the Super SA Income Stream and reduced its overall investment management and administration fees. Super SA announced the change yesterday on its website. The option still retains eight investment ...

Cavendish slashes SMSF starting fees

RUTH LIEW  |  MONDAY, 18 MAY 2009
Cavendish Superannuation has axed 30 per cent off the establishment fees of new self-managed super funds - easing the cost for financial advisers with clients looking to set up SMSFs. SMSF specialist Cavendish announced that establishment fees for all ...

Russell slashes Aust jobs

MICHAEL HOBBS  |  FRIDAY, 17 APR 2009
Russell Investment Group has cut around 20 per cent of the firm's Melbourne and Sydney staff, but leaves local investment teams mostly intact. According to industry sources, the firm's Melbourne office, where the majority of staff cuts were made, suffered ...

Stanford slashes costs to save endowment

RUTH LIEW  |  MONDAY, 9 MAR 2009
The $27 billion Stanford University endowment fund has slashed and frozen salaries, trimmed staff numbers and tightened its budget as its portfolio shrinks by 25 per cent. In a recent media statement, Stanford said it planned to cut close to $156 million ...

Perpetual slashes CGT costs

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
Advisers looking for an edge around CGT costs can now access Perpetual's WealthFocus Investment Advantage - a new non-super product that allows switching investment options without incurring capital gains tax. Eric Wang, Perpetual group executive of ...

MLC slashes premiums

MICHAEL HOBBS  |  TUESDAY, 3 JUN 2008
MLC has reduced insurance premiums across its Personal Protection Portfolio (PPP) and Life Cover Super (LCS) by as much as 15 per cent, in line with its ongoing strategy to make insurance more affordable. The firm's LCS and PPP premiums have been reduced ...

Tele-underwriting with a health check

RUTH LIEW  |  TUESDAY, 11 MAR 2008
... growing insurance market. According to Pathrec chief executive, Olga Tomic, TeleCheck is an outsourcing solution that slashes the application to policy process from 21 days to three. The service is a phone interview conducted by qualified nurses with ...

ACT govt slashes SG

HAMISH MADDEN  |  THURSDAY, 8 JUN 2006
In its 2006-07 Budget, the ACT Government has announced it will reduce its superannuation guarantee level to 9 per cent from 1 July 2006 in a bid to reel in the expected 700 per cent increase in super costs over the next 30 years. Up until now all employees ...

BT slashes and streamlines fees

BT Financial Group has cut the ongoing fees charged on 52 of its wholesale and institutional investment funds. The move means institutional and retail investors with access to BT's wholesale funds either directly or via platforms can achieve cost savings ...

Centro slashes investment limits on direct property fund

Centro Properties Group has dropped the minimum investment on its Centre Direct Property Fund (DPF) by $200,000 to $50,000 in order to broaden investor access to the product. The reduced investment level is part of a new Product Disclosure Statement ...
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