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Showing 101 - 110 of 287 results for "Stretch"

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... their cover. Members who have income protection cover will see their waiting period of accrued sick leave plus 14 days stretch to 90 days or accrued sick leave (whichever is greater). For members that have personalised income protection cover, the waiting ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... their cover. Members who have income protection cover will see their waiting period of accrued sick leave plus 14 days stretch to 90 days or accrued sick leave (whichever is greater). For members that have personalised income protection cover, the waiting ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... as today, the RBA has kept interest rates unchanged at 4.75% for 12 months (Nov 2010- Oct 2011) - that time the longest stretch since the GFC - as the unemployment remained at around 5% (give or take a few decimals) while at the same time ignoring the ...

UBS fined $51m for reporting breaches

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
Swiss bank UBS AG has been slapped with a £27.6 million ($51.1m) fine for breaching reporting rules stretching nearly a decade. UK regulator the Financial Conduct Authority found UBS did not provide complete and accurate information relating to about ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... from the RBA on each and every occasion. Here are some snippets of the piece if you're interested: The second longest stretch of steady interest rates is the 18-month period between August 2013 and January 2015 with the cash rate frozen at 2.5% before ...

BlackRock to drop 500 staff

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... embrace the changes. "We believe these changes allow us to be more nimble and to create more opportunity for people to stretch their responsibilities and drive their careers," Kapito said.

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... the RBA's policy movements also leans towards a cut rather than a lift (whenever that may be). The second longest stretch of steady interest rates is the 18-month period between August 2013 and January 2015 with the cash rate frozen at 2.5% before ...