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Showing 11 - 20 of 71 results for "Axed"

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... Although this measure failed to progress beyond the Budget pronouncement, it is pleasing to see that it has officially been axed." The final measure to be vetoed is the 2018-19 Budget proposal to introduce a requirement for retirement income product ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
... investment. Several other funds were also impacted. As responsible entity for the Blueprint suite of funds, Macquarie later axed 13 of the funds. Not long after, in September 2014, van Eyk entered voluntary administration and went into liquidation the ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Tesla has been booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... lobbying, the threshold that requires workers to earn a minimum of $450 a month to be paid the superannuation guarantee has been axed. It's expected to improve the financial situation of around 200,000 women. It's a move that is sure to be welcomed ...

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
The longstanding requirement for workers to earn more than $450 a month to be entitled to the superannuation guarantee has been scrapped. In a move that would benefit more than 200,000 women, the need for Aussies to earn more than $450 a month in order ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Another super fund has axed AMP Capital Ethical Leaders Balanced Fund as the sole manager of its socially responsible option, citing liquidity concerns and negative press. Mercy Super has made the decision to drop AMP Capital Ethical Leaders as the ...

Departure at Perpetual small caps team

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... Nick Vidale. In October, Perpetual Private lost its head of multi-manager Theo Sofios also left. On product front, it has axed geared investment options and revised fees on WealthFocus platform.

Calls to axe TPB for financial advisers

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... representative. Writing for FS Advice, Lifespan Financial Planning chief executive Eugene Ardino has said the TPB should be axed as a regulator for financial advisers all together. Currently, financial advisers must pay an application fee of $560 to ...

Perpetual axes geared investment options

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
A number of underperforming super options have been axed by Perpetual. Perpetual has terminated its Geared High Growth option, Geared Australian Share option and its Capital Guarantee option for Perpetual Select Super members. Members were notified ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... term. Once we have done this, we will update our product disclosure statement." Legalsuper and QSuper have also recently axed AMP Capital from being the sole manager of each fund's socially responsible investment option. Legalsuper chief executive ...