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Showing 111 - 120 of 375 results for "Reduces"

Acadian reduces fees

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
... bring wholesale distribution of the funds in-house at the start of the year. "Acadian's systematic investment approach reduces the subjective aspects of investing," Acadian head of Asia Pacific Andrew Hair said. "This approach aims to exploit price ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... China's General Administration of Customs applied "enhanced inspection" efforts on shipments of Australian wheat; China reduces coal purchases - down by 96% in the first three weeks of November 2020; and lately, China imposed tariffs of 107% and ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Australian Prudential Regulation Authority (APRA) has made the decision to reduce Commonwealth Bank's additional capital requirement by half after improving governance concerns. The $1 billion capital add-on has been halved to $500 million with ...

Climate change reporting is cheap talk: Research

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... forward-looking basis Currently, available estimated data is "materially worse" in quality compared to the reported data which reduces the effectiveness of investors in attempting to mitigate climate change. "The prevailing data landscape leaves plenty ...

BT reduces wholesale fees

ELIZA BAVIN  |  TUESDAY, 10 NOV 2020
BT has reduced the management fees of the BT Multi-manager Funds to keep up with new legislation taking effect in the New Year. Effective 1 November 2020, BT said changes to the adviser fee function in the BT Wholesale Multi-manager Funds have been ...

Bendigo closes SmartOptions Super

KARREN VERGARA  |  THURSDAY, 5 NOV 2020
... move across to SmartStart was considered to be in the best interests of members. "We are committed to ensure our offering reduces complexity, so we're proud to have been able to deliver this outcome to our members," he said.

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
The prudential regulator has announced it will cut down on the amount of information it requires funds to provide as part of the Early Release of Super reporting standards. From September 30, APRA said it will only require sections 6-8 of SRF 91.1 ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... criterion also removes businesses that earn more than 5% of their revenue from the fossil fuel supply chain and significantly reduces tolerance thresholds on many other industries, including gambling, alcohol, and nuclear power. The new SRI options also ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... in favour of it. CBA chair Catherine Livingstone explained the bank had implemented a new remuneration framework which reduces overall maximum executive pay by 19% and increases Comyn's vesting period to a maximum seven years. "Our objectives in making ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... reduction in net cash outflows", "revenue generation and profitability improve on a sustainable basis", or if "debt to EBITDA reduces substantially", Moody's said.