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Showing 1261 - 1270 of 4546 results for "October"

ClearView pushes ahead with SFT

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... complete the successor fund transfer of its risk-only superannuation products to HUB24, which is scheduled to take effect on October 31. ClearView will move its clients from its LifeSolutions Super and Super Rollover products to the HUB24 Super Fund ...

BT cuts fees, premiums for super members

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
From October 1, most BT Super members will pay less in admin fees and insurance premiums - except those with a balance less than $17,000 who will see a rise in admin fees. "At BT, we've been working to simplify and enhance the products we offer to ensure ...

Ausbil drops fees on global equities fund

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
... Sustainable Global Equity Fund went from charging 1.05% per year in management costs to about 0.75% per year, effective October 1. The old 1.05% yearly management cost included a 0.82% management fees, about 0.05% in responsible entity fees and about ...

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... Australian Share option and its Capital Guarantee option for Perpetual Select Super members. Members were notified that from 21 October 2020 these options would be terminated, with Perpetual ceasing accepting new members into the options as well as withdrawal ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... at the end of each financial year and will be required to inform members that a MySuper product is underperforming by October of the same year. "We're talking about underperformance over eight years. It's not about funds having a bad quarter or one bad ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns about fee-for-no-service ...

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Geoff Lloyd will leave MLC at October end after two years at its helm, after its recent agreement to sell the business to IOOF. MLC's chief corporate services officer Andrew Morgan will oversee MLC's day-to-day operations while the sale to IOOF ...

Sweeping tax cuts announced

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... off the full value of any eligible depreciable asset up to $150,000 in the first year they are installed or used from 6 October 2020 until 30 June 2022. The incentive will apply to small to medium businesses with turnover of up to $5 billion and is expected ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... ongoing basis the test will apply over an eight year period." Underperforming funds will have to inform their members by 1 October 2021. They will also have to provide them the YourSuper tool, where they will be listed as underperformers until they improve. ...

New property fund launched

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... neighbourhood center known as Elara Village Town Center. EAM said it expects the property will be completed and begin trading in October 2021. The fund will offer investors an unlisted, single asset, direct property fund with a seven year initial term ...