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

Search Results

Showing 211 - 220 of 2161 results for "Extra"

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... greater amounts of lump sum cover. MLC Life will also waive policy fees for new customers, meaning they do not have pay extra when advisers set up their policies. MLC Life general manager for distribution Michael Downey said the campaign is about making ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
Despite talk of another inflation surge and more interest rate hikes, Pendal's Oliver Ge doesn't think we're returning to the 1970s any time soon. In an update, Ge said any talk of a second wave of inflation and fresh interest rate increases on the ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... administration fee was introduced to combat cross-subsidisation. As of August 2022, TWUSUPER members with insurance were charged an extra 3% of their gross premiums to make costs fairer for those without cover. Spirit Super is currently in the process ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... stocks. Launched yesterday, Spaceship's new US investing service is available to Spaceship Voyager customers for just $2 extra a month, who can execute unlimited trades with a minimum investment of just $10. "Spaceship has prioritised simplicity in the ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

AustralianSuper bungle underpays some Choice members

KARREN VERGARA  |  THURSDAY, 10 AUG 2023
... the time said it "regularly identifies and combines multiple accounts held by a single member to help those members avoid extra fees" and that it failed to identify all instances of multiple member accounts. In the 2023 financial year, the $300 billion ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
... little tracking error, but it is far greater in the Australian market." Their low carbon glidepath approach has introduced an extra 40 to 60 basis points approximately, Squires said. Squires says measurement of increased risk like tracking error should ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
The Construction, Forestry, Maritime, Mining and Energy Union (CFMEU) is calling for the introduction of a $28 billion annual super profits tax to close the gap in social and affordable housing. The CFMEU commissioned Oxford Independent Economics to ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... back in business and planning the launch of a new investment service, buoyed by an additional $6 million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office Grok Ventures and Horizons Ventures, the ...