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Showing 1711 - 1720 of 8614 results for "Lower"

Super fund slashes fee

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... its move will likely increase pressure on other parts of the super industry. Hostplus chief executive David Elia said the lower pension fee will make Hostplus one of the lowest cost and best value pension product providers amongst major super funds. ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
... government should abandon the legislated increase. Coates said the trade-off between more superannuation in retirement but lower living standards while working isn't worth it for most Australians. According to documents released in September last year ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... OECD has already slashed its 2020 growth forecast by 50 basis points to 2.4% and the IMF now expects world growth to be lower than last year's 2.9% rate. In its World Economic Outlook report published in January 2020, the IMF predicted the world ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... and value alignment and an absolute commitment to putting our members first." She added that the merger could result in lower fees for members. "The past 12 months has seen unprecedented consolidation in the Australian superannuation industry, and I ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... has clouded the near-term outlook for the global economy and means that global growth in the first half of 2020 will be lower than earlier expected... The coronavirus outbreak overseas is having a significant effect on the Australian economy at present ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
Colonial First State has cut fees for about 200,000 members and will close some legacy options in FirstChoice Employer Super, as it simplifies its product line and phases out grandfathered commissions. The changes are across retail products (legacy ...

Mid and small-caps outperform in 2019

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... that smaller funds in this space outperformed their larger counterparts. "The Australian mid and small-cap funds recorded lower asset-weighted returns than equal-weighted returns for all measured periods, indicating that smaller funds in this category ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... assets as the world moves to reduce emissions." He argued that an exodus from fossil fuel producers would not result in lower returns. "In 2017, the $47 billion NZ Superannuation Fund adopted a climate change investment strategy that resulted in it removing ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... retirement incomes, arguing standards matter because "boosting retirement incomes always comes at a cost". "Either workers have lower living standards while working; or governments give up more revenue for super tax breaks; or taxpayers pay more for ...

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... wealth management sector." SCA said the systematic undervaluing of work done by women means they are left with substantially lower superannuation balances at retirement. "We think there should be a strong focus on modelling bolder policies that drive ...