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Showing 351 - 360 of 2153 results for "Extra"

Clime wants director removed

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer. Clime has scheduled an extraordinary general meeting on August 6, putting forth a resolution to shareholders to ...

Dismal pass rate for latest CFA exam

ELIZABETH MCARTHUR  |  MONDAY, 2 AUG 2021
... proctoring in some jurisdictions. In some cities, the institute has offered candidates the ability to defer their exams at no extra cost because of the impact of the pandemic. In the lead-up to the May exam, Kaplan Schweser - a popular provider of CFA ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered. The United Financial Advisers Association (UFAA), which claimed to have 6000 members, quietly ended operations ...

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Financial advisers will need to fork out an extra 27% to pay the regulator's industry funding levy for the 2021 financial year. Advisers will pay $71.354 million in aggregate or $3138 on a per adviser basis plus a fixed amount of $1500 per licence ...

Significant drop in charitable giving

ELIZABETH MCARTHUR  |  FRIDAY, 9 JUL 2021
According to the inaugural JBWere NAB Charitable Giving Index, Australians are giving less - possibly due to the pandemic. The dramatic fall in giving led to an overall decrease in donations by 16% in the six months to December 2020, taking giving back ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Norway's largest pension fund KLP has offloaded 16 companies that operate in banking, construction, infrastructure and telecommunications in Israel connected to occupying Palestinian territory. The pension fund announced on June 5 that following failed ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... Super for Life previously paid $11.41 each month for one unit of cover ($100,000). From August 1, the member would pay $1.50 extra a month, equalLing $12.91. BT last year switched from BT Life Insurance to AIA as the group insurer for its superannuation ...

SG rise to benefit 6.7m Australians: ISA

KANIKA SOOD  |  FRIDAY, 2 JUL 2021
... Australians to benefit the most, according to Industry Super Australia. ISA says the average worker will contribute $233 a year extra to their retirement savings from the 0.5% increase in SG, with the at-retirement balance increasing by $19,000 for a ...

Millennials to reap super reform rewards

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
Planned superannuation reforms could net millennials $650,000 extra in retirement, according to Colonial First State. Analysis from the institution shows increases to the superannuation guarantee will boost a 35-year-old's super balance by $86,000. ...