Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 14551 - 14560 of 15829 results for "TER"

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2006
Federal Treasurer Peter Costello unveiled his 11th Budget last night, delivering a fiscal surplus worth around $11.9 billion. According to the 2006/2007 Budget Papers, the government plans to spend $219.7 billion of its projected $231.6 billion in revenues. ...

Fees are going up, but it wasn't meant to be

ALEX DUNNIN  |  TUESDAY, 9 MAY 2006
... cost. This enhanced disclosure has in broad terms added 0.2 per cent to the average not for profit fund Total Expense Ratio (TER). For master trusts however, the impact has been marginal, no doubt reflecting their more robust disclosure traditions. Master ...

ACT govt goes to super tender

ALEX DUNNIN  |  TUESDAY, 9 MAY 2006
In potentially one of the biggest ever tenders of its type, the ACT government has gone to market to find a default super fund for its employees. The tender is being driven by the ACT government's need to find a default super fund for its estimated ...

Mariner joins SEQUAL to promote reverse mortgages

HAMISH MADDEN  |  TUESDAY, 9 MAY 2006
With plans to grow its reverse mortgage offering, Mariner Retirement Solutions has announced it has become a member of the Senior Australian Equity Release Association of Lenders (SEQUAL). SEQUAL is a not-for-profit body for providers of equity release ...

MLIM plugs holes left by recent departures

HAMISH MADDEN  |  TUESDAY, 9 MAY 2006
Merrill Lynch Investment Managers (MLIM) has announced the appointment of two senior former Goldman Sachs JB Were (GSJBW) analysts to its Australian equities team. Just two weeks after three key staff - David Pace, Matthew Ryland and Marc Hester - walked ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 8 MAY 2006
Following a week of controversy surrounding the Reserve Bank of Australia's (RBA) announcement of a 25 basis point hike in the country's official cash rate, this week will give financial markets more variables to digest as the Federal Treasury delivers ...

Head of BNP Paribas Security Services shifts to UK role

Head of BNP Paribas Securities Services Australia and New Zealand (BNP), Gail Burke, stepped down yesterday to take up a newly created role in London as chief operating officer for the group's UK operations. Burke only took the up the position as head ...

UN signs up $6 trillion to responsible investing

The world's largest pension funds and money managers are putting their money where responsible investing is after a UN initiative to adopt 'green' principles drew more than 60 signatories with a total $6 trillion in assets under management. Following ...

Netwealth upgrades with even more flexibility

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2006
Platform provider netwealth has just released details of its 2006 product upgrades, including greater provision for hedge fund investments, listed warrants, allocated and transitional pensions and more flexible insurance premiums. Netwealth's latest ...

APRA super splitting extension flawed

KATE HAGE  |  TUESDAY, 2 MAY 2006
The Australian Prudential Regulation Authority (APRA) has extended contributions splitting for members to any roll-over funds and transfers made before the 1 July RSE license deadline, but according to some the policy is flawed. Terry Brigden, partner ...