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Showing 3711 - 3720 of 15784 results for "TER"

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
E&P Financial Group posted a statutory loss of $18.8 million for FY21, as its ASIC settlement hit both profits and the final dividend for the year. The company's net revenue for the year was $187.9 million (2% lower than FY20) driven by lower contribution ...

AUSIEX hires head of risk from BTFG

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
AUSIEX has appointed a new risk and compliance expert who came from major institutions such as Westpac and Commonwealth Bank. The wholesale trading platform appointed Paul Williams as head of risk and compliance after finishing up at BT Financial Group. ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members. Australian Catholic Superannuation and Retirement Fund has reduced asset-based administration fees to 0.19% for each account balance, meaning ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
Following an independent review on a major trading glitch last November, the Australian Securities Exchange has come out relatively unscathed. The joint investigation by ASIC, the Reserve Bank of Australia and IBM into the implementation of the Nasdaq ...

80% of instos find sustainability difficult

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
A survey of institutional investors, representing $26.8 trillion in assets, conducted by Schroders has found 80% of global institutional investors find sustainability challenging. Schroders surveyed 750 institutional investors, including 205 in Asia ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
Nearly half of the market capitalisation of the ASX 200 have made net zero commitments for 2050 or earlier, according to the Australian Council of Superannuation Investors (ACSI). ACSI's latest report, Promises, Pathways and Performance, showed 49 companies ...

KiwiSaver, NZ Super Fund architect remembered

JAMIE WILLIAMSON  |  FRIDAY, 20 AUG 2021
The man credited with spearheading the creation of KiwiSaver and the NZ Super Fund, Sir Michael Cullen, is being remembered as one of New Zealand's most influential politicians. The New Zealand government announced today the passing of Sir Michael Cullen ...

Macquarie AM acquires logistics centre

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
Macquarie Asset Management's European logistics real estate strategy acquired a facility in Norway for around â,¬67 million. Heiaveien 8 is a warehouse and distribution centre in the Heia Business Park, around 25 minutes away from Oslo. It is a four-storey ...