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Super concession cuts were overdue

BY ALEX DUNNIN | MONDAY, 18 MAY 2009 11:40AM

Cuts to superannuation tax concessions are signs of things to come as the government gets on with a program it says will restore fairness to the system.

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Editor's Choice

Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA

Hejaz's Islamic Super and Pension products will be terminated as a fallout from Equity Trustees ditching the superannuation trustee business. The latter, however, says otherwise.

Sequoia revokes dividends, chief financial officer exits

RIDDHIMA TALWANI

Sequoia will not pay any dividends in the financial year, revoking interim dividend it had announced earlier in the year of one cent per share, as an adviser exodus puts pressure on its revenue.

Acclaim Wealth names chief executive

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The Brisbane-based wealth and superannuation business has appointed a new chief executive, as former boss Terry Constable landed a new role at Infocus after almost three years at the helm.

Global X cuts fees on gold ETF

ELIZA BAVIN

Global X has reduced fees on its Gold Bullion ETF, following in the footsteps of VanEck after it cut fees for its gold ETF last week.

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