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Showing 2041 - 2050 of 9316 results for "Red"

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
As it was in 2020, so it is in 2021. Yes Virginia, I don't believe it too until... I re-read my first scribbles on this site at the beginning of 2021. On January 12 this year, I wrote: "Fiscal and monetary authorities prompt and aggressive counter-cycle ...

AustralianSuper sells to Dutch pension fund

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
The nation's largest super fund offloaded a share of its interest in Ausgrid to the Netherlands' dominant pension provider. AustralianSuper sold 16.8% of its interest in the electricity distributor to APG Asset Management, the investment manager of ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
The big four bank is being sued by the regulator for failing to provide some of the benefits promised to customers who hold offset transaction accounts or 'Breakfree' packages in conduct dating back more than two decades. In what is the last ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
Almost half of all superannuation products have seen their fees cut in the last 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found ...

IOOF completes platform overhaul

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
The integration of IOOF's legacy superannuation and investments platform has now finalised. Proprietary platform Evolve currently houses more than 55,000 clients and $17.5 billion in funds under management. In total, Evolve has about 275,000 adviser ...

Pensioners could solve skills shortage

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
Increasing the number of work hours without affecting Australians' Age Pension could be the solution to the current skills shortage crisis. This is according to the Australian Chamber of Commerce and Industry, which is calling on the federal government ...

ISPT on track to carbon positive

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
ISPT is closer to becoming carbon positive by 2025 by surrendering 97,000 Australian Carbon Credit Units. One ACCU represents one metric tonne of carbon dioxide equivalent, which is either stored or avoided by a project registered with the federal government's ...

State Street, Vanguard complete world first blockchain trade

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
State Street Digital, Vanguard and Symbiont have completed the first live trade for foreign exchange forward contracts leveraging blockchain technology and smart contracts. The firms have jointly completed the margin calculation process for a live trade ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
With just $2 billion in assets, Christian Super has been told by the prudential regulator that it must merge by 31 July 2022 following persistent underperformance. APRA has imposed additional licence conditions on the super fund in order to protect ...