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Showing 1441 - 1450 of 4160 results for "April"

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... fee, from 0.05% to 0.18% a year for accumulation accounts. First Super said the fee changes will come into effect from 1 April 2020, making it the most recent fund to increase fees ahead of the PYS changes. AustralianSuper, HESTA, MTAA Super and VicSuper ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... have to be basically shut down?" Green argues that coronavirus infections won't hit their peak until at least March or April. "Most folk are assuming that we bounce back in the second quarter after basically a recession in the first quarter," he ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... airline KLM, which axed flights through much of March. In the US, American Airlines and Delta halted flights until the end of April, as did the Spanish flag carrier Iberia. "Asian and Middle Eastern airlines were also heavily affected. Emirates and Etihad ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
... to age 67 and two units of death cover to age 75. It does not include total permanent disability cover (TPD). Effective April, the cost of IP will go up, while the cost of death cover will come down. The net effect spells an increase in the cost of default ...

SSGA promotes local SPDR boss

HARRISON WORLEY  |  THURSDAY, 13 FEB 2020
... following a 25 year career which included stints at BT Financial Group, Colonial First State and Fidelity Investments. In April last year the firm added Singapore to her remit. Victor will continue to report to SSGA head of global SPDR ETF business Rory ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... Jenny Fagg has resigned. Fagg joined AMP's leadership team in January 2018 ahead of the Royal Commission and will depart on April 3. AMP said Fagg leaves with the group's best wishes, having strengthened the group's risk management. AMP chief audit executive ...

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
... face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. In an update to members, the super fund announced it will be reducing its administration fee from 0.40% to 0.20% per annum ...

BT fund to wind up

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
... invested in local and global shares, fixed interest, listed property, and alternatives. The fund is set to be terminated on April 30. Pendal head of multi-asset Michael Blayney said it regularly updates its product range based on marketplace changes. ...

Perpetual announces new executive hire

ELIZA BAVIN  |  TUESDAY, 11 FEB 2020
... created chief operating officer role, hiring from a global asset manager. Amanda Gazal is set to take up the position in April this year, joining the Perpetual team from her role as DWS Group chief operating officer for Asia Pacific distribution and ...