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Showing 1211 - 1220 of 10163 results for "Index"

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... growth option has been reduced from $120 per $50,000 invested to $105 per $50,000 invested. The base fee for the balanced-index option is estimated to have risen slightly, from 0.07% pa to 0.08% pa. Similarly, the performance fee in the socially conscious ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
BT Index Funds will be ceasing ongoing adviser fees (OAFs) and introducing a new feature to facilitate one-off advice fees. BT said from 1 December 2020 it will introduce a new feature that will allow investors and their financial advisers to agree ...

Lift in financial services jobs

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... Overall, the job market rose by 15% mostly driven by the demand for casual employment, according to Sunsuper's latest job index. New South Wales recorded the highest demand for workers in permanent roles (24.4%) and in contingent roles (27.3%). Jobs ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... global equities portfolio returned 11.3% in the year, post fees and expenses. This outstripped the MSCI World Total Return Index by 6.5%. It is also moving from an annual dividend to quarterly dividends (January, April and July), after switching to fully-franked ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... shares to an extent that is not optimal. "Surviving funds will be large and many won't be able to deviate much from the index anyway. They will still want exposure to franking credits, so will keep a sizeable portion of Australian shares," it said. "One ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... standalone funds from ANZ Investments and OneAnswer. The total amount is understood to be about $5 billion. Vanguard used an index-tracking strategy in the international credit allocation, with some exclusions. Northern Trust will use a factor-based ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
Members of the $54 billion industry super fund will see their administration fees go up next month and will no longer see the benefit of tax deductions related to insurance premiums. Rest has notified members their admin fees will rise from November ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
The latest results from the monthly Markit Economics PMI (purchasing managers' index) draws a picture of the three shapes of the economic recovery or otherwise. The letter V. Masked or unmasked, the IHS/Markit flash US composite PMI continues to ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... major currency pair; 20:1 for CFDs referencing an exchange rate for a minor currency pair, gold or a major stock market index and 10:1 for CFDs referencing a commodity (other than gold) or a minor stock market index. Issuers must also limit retail clients' ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... cases of coronavirus infections (8.6 million), new cases (0.6 million) and deaths (0.2 million) in the world, the S&P 500 index has risen by 6.3% this year to date - miles ahead compared with the sharp losses of 15.1% in the Euro Stoxx-50 index and 23.4% ...