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Showing 1101 - 1110 of 6076 results for "Commission"

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... the final regulatory stage of having its active non-transparent ETF model approved. The US Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant the needed relief subject ...

Chief economist update: V for vaccine

BENJAMIN ONG  |  TUESDAY, 10 NOV 2020
It's beginning to look a lot like Christmas. Encouraging test results for a COVID-19 vaccine developed by Pfizer and BioNTech sent world equity markets from New York to Rio and ol' London town on the up and up and up. Pfizer and BioNTech are ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... more," MLC told investors. "Any contribution fees investors pay will be removed. Any asset-based or contribution-based commission (if applicable) will stop." Among the many changes in the MLC MasterKey Unit Trust, the management fee for MLC Cash Fund ...

Majority of Aussies want SG rise: ASFA

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ...

BAS agents to expand service offering

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
The Tax Practitioners Board has registered a new legislative instrument to allow BAS agents to expand their services in relation to the superannuation guarantee charge (SGC). The instrument, Tax Agent Services (Specified BAS Services No. 2) Instrument ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... superannuation entity, managed discretionary accounts and DIY super administration. Wright, who was grilled at the Royal Commission, was appointed by Xplore in August 2019. Prior to Wright's appointment, the company's share price had tumbled and it came ...

FSC names new chair

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... clients with numerous challenges and importantly opportunities. We have steered the organisation through the Royal Commission into Misconduct in the Banking and Financial Services Sector acknowledging deficiencies and driving meaningful change for those ...

AMP valued at $1.85 per share

ELIZA BAVIN  |  MONDAY, 2 NOV 2020
... undertake a portfolio review to assess all opportunities. AMP's heritage brand was badly damaged from the Royal Commission which has led to large net outflows, Morningstar said. "Despite AMP's strong market position in a long-term growth industry ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
The US has reversed its biggest economic contraction in history with the sharpest recovery on record. The US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity Commission (PC) poses some issues in effectively cracking down on fund underperformance. "One of the proposed changes is to monitor the ...