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Showing 3051 - 3060 of 19578 results for "Ban"

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
An $18 billion superannuation fund is increasing its administration fees and adding to its cash option menu from July 1. CareSuper will stop passing on tax benefits to members via the fixed component of the admin fee and the percentage-based portion ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

Praemium chief executive exits

ANNABELLE DICKSON  |  FRIDAY, 21 MAY 2021
The platform chief executive has suddenly left the company after almost a decade in the role as Praemium calls in consultants to review the international business. Michael Ohanessian joined as chief executive in August 2011 and was terminated by the ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
"Prediction is very difficult, especially if it's about the future." This quote from Danish physicist and Nobel Prize in physics winner Niels Bohr has been proven time after time but more recently in the Australian Federal Treasury's prediction ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals. The McKell Institute, a thinktank, found that over ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
"March quarter 2021's moderate growth was influenced by regularly scheduled increases. Improved business conditions saw employers revisit wage reviews postponed during the height of the pandemic." This was how Michelle Marquardt, head of price statistics ...

What COVID-19 did to super brand

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
The government's early release of superannuation program hurt superannuation as a category brand, according to Campaign Edge creative director Dee Madigan. Taking to the stage at Conference of Major Superannuation Funds, Madigan theorised that the ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
A panel of policy, research and economics experts at the Conference of Major Superannuation Funds offered their view of the COVID-19 recovery, revealing how the pandemic changed economies. AlphaBeta Australia managing director Amit Singh referred to ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...