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Showing 1281 - 1290 of 4003 results for "Cut"

NAB cuts bonuses for executives

KANIKA SOOD  |  WEDNESDAY, 19 SEP 2018
National Australia Bank chief executive Andrew Thorburn will be paid 11% less than last year if the banking group's performance is at target, following a revamp of NAB's executive pay structure. National Australia Bank chief executive Andrew Thorburn's ...

Industry fund cuts property portfolio emissions

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
A $46 billion industry fund is aiming to slash its property portfolio emissions to zero by 2030. Cbus chief investment officer Kristian Fok laid out a roadmap of what the fund wants to achieve at the recent Global Climate Action Summit held in San Francisco. ...

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
Financial advice and planning businesses are set to receive a boost with the extension of the Federal Government's $20,000 instant asset write off legislation passing through the Senate. Part of the Government's economic agenda to introduce tax cuts ...

BTFG faces possible union action

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
The Finance Sector Union is planning urgent workplace meetings and teleconferences with BT Financial Advice employees impacted by a planned restructure of BT Financial Group's advice offering. Last week BT Financial Group told Financial Standard ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... negative returns and affected customers are being compensated for lost earnings. Fees on flagship MySuper products have also been cut. In a brief statement, CBA said it is aware of the potential class action but it had not been served with any legal ...

Adviser, Practice of the Year finalists named

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
... finalists were also named, with Multiforte Financial Services, Panoramic Financial Solutions and TWD Australia making the cut. Meanwhile, finalists for the AFA Rising Star Award - presented in partnership with ANZ - were also announced last week. This ...

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
... UniSuper spent $79 million on administration expenses, down $1m over the previous year. Last month, QSuper made its third cut to admin fee since 2015. It brought down administration fee from 18 basis points to 16 basis points.

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... new currency brings adjustments of consumer prices, wages and pensions that in simple terms mean that five zeros would be cut from pre-existing levels. Maduro's "programme for recovery, growth and economic prosperity" also includes other measures ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...