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Showing 371 - 380 of 2187 results for "Plus"

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... financial services sectors it regulates. Licensees that provide personal advice to retail clients will pay a fixed $1500 plus $1142 per adviser, a whopping 36% drop on the variable amount of $3138 based on earlier estimates. The new levy of $25.8 million ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... Christian Super's My Ethical Super, Colonial First State's FirstChoice, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Balanced, LUCRF Super's MySuper, Maritime Super's MySuper, BT Super MySuper and lastly, the Victorian ...

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... merge with Praemium, but the latter has rejected the move. Netwealth offered one new share for every 11.96 Praemium shares plus a cash consideration following the net proceeds from the sale of Praemium's international business. The proposed offer is ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... misselling consumer credit insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleged between ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... minimum deferral requirements under APRA. These leaders are defined as material risk-takers whose total fixed remuneration plus actual variable remuneration is equal to or greater than $1 million in a financial year of the entity. APRA deputy chair John ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... arrangement. Under the deal, Class shareholders will receive one share in HUB24 for every 11 ordinary Class shares they hold, plus $0.10 per ordinary share. The implied consideration represents a 52.8% premium on the one-month VWAP of both companies ...

New equities fund at Australian Ethical

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... timeframe is between seven and 10 years, charging management fees of 0.80% per annum and additional estimated costs of 0.05% plus a performance fee of 15% of outperformance net of management fees. The benchmark unaware fund is currently invested in Bendigo ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... Christian Super's My Ethical Super, Colonial First State's FirstChoice, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Balanced, LUCRF Super's MySuper, Maritime Super's MySuper, BT Super MySuper and lastly, the Victorian ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a member's account balance. From October 28, REI Super is dropping the $1.65 flat charge and going forward with just ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... exam pay $948 per sitting. This is significantly more that the Financial Standard and Ethics Authority's charge of $540 plus GST per sitting. Advisers will be charged $218 to have ASIC review the marking of one or more answers to non-multiple-choice ...