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Showing 2341 - 2350 of 10550 results for "Close"

Media Super ups fees, premiums

ELIZABETH MCARTHUR  |  THURSDAY, 13 MAY 2021
Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus. Media Super will increase its administration fee from $1.25 to $2 a week, effective from 1 July 2021. It will also ...

Kapstream co-founder announces career break

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
The co-founder of Kapstream Capital, a Janus Henderson subsidiary, will exit to take a "bittersweet" career break. Nick Maroutsos' last day is slated for 1 October 2021. He co-founded Kapstream in 2006 with Kumar Palghat, a former PIMCO executive. ...

Savills IM appoints local team, launches fund

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... region," Savills IM chief executive Alex Jeffrey said. "The newly appointed investment team on the ground in Sydney, working in close partnership with our experienced team across Asia, is perfectly positioned to spearhead our expansion across the region. ...

Lonsec appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... knowledge were exactly the leadership attributes that we were seeking," Lonsec chair Mark Spiers said. "By continuing to stay close to our clients Lonsec has enjoyed significant growth across all its business units and I am excited to be able to work ...

Fidelity hires sustainability director

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Fidelity International has appointed a director of sustainable investing who is based in Hong Kong. Gabriel Wilson-Otto will further integrate sustainability considerations into Fidelity's investment process, working closely with the research unit on ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...

Super funds slam budget's super gap measures

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Superannuation funds welcomed the budget's move to dump the $450 threshold, but called out a lack of measures to close the super gap. Last night's budget included five key decisions on superannuation. These were abolishing the $450 per month ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... market or broader economic recovery. "Labour market outcomes have surpassed even the most optimistic of expectations. With close to one million jobs added to the economy since May 2020, employment levels have more than recovered the losses seen through ...

Retirees freed from legacy products

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
Individuals locked into legacy retirement products will now have the chance to transfer into newer, more flexible products without penalty under a new measure. The government is introducing a two-year amnesty for individuals in market-linked, life-expectancy ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... who wish to establish more permanent operations in Australia. On the flip side, the government will provide Treasury with close to $60 million over the next five years to support the delivery of its priorities. These include Treasury's engagement with ...