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Showing 1521 - 1530 of 8613 results for "Lower"

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
The industry fund for coal miners has lowered investment and administration fees on pension products effective July 1. Mine Super's account-based pensions lowered the investment fees on four premixed options: aggressive (0.45% to 0.37%), growth ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... remuneration company-wide in response to COVID-19. The rest of the group executive team and board of directors will be paid 10% lower base salary for the six months. The group executive will not get any cash bonuses for FY20. Further, Perpetual will ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... world, a greater proportion of Australians during the crisis have checked their superannuation more regularly, switched to lower-risk investments and started drawing down their super assets early. "Australians surveyed also showed an appreciation for ...

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... The ETOs, available over stocks ranging from BHP to WOW, will allow clients to build a diversified equity portfolio for a lower initial outlay than would be the case if they purchase shares directly, Saxo said. They also provide potential yield enhancement ...

Top equities managers revealed

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... terms," Mercer said. While the median manager beat the benchmark for the full financial year, the gap between the upper and lower quartile of managers has continued to widen, Mercer said. The upper quartile of managers returned -4%, 6.6% and 8%, on a ...

Changes to advice incoming: Bragg

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... have had to make due to the COVID-19 pandemic." Bragg said allowing for more tech-neutrality in the advice space will help lower the cost of advice and said changes of that nature will be made public by the government soon. Bragg also discussed his thoughts ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... easing measures if necessary, and also it expects short- and long-term policy interest rates to remain at their present or lower levels." This is understandable given the sprint of policy stimulus measures the Japanese central bank announced over the ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... guarantee," O'Neil said. "AMP has issued Notices of Termination to an estimated 205 planners that were assessed as being of 'lower profitability', forcing many to sell their businesses for less than one tenth of what they were worth before these changes." ...

ERS sees 300,000 repeat applications

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... the start of repeat applications in the 2020/21 financial year." The regulator said the 511,000 applications received is lower than the 665,000 applications received during the first week of the early release scheme (April 20 to April 27). "Out of the ...

AMP hit with credit downgrade

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications. The rating assigned to AMP Bank remains unchanged by S&P at BBB+. The change to the credit rating is ...