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Showing 4041 - 4050 of 9316 results for "Red"

Industry fund drops admin fees

JAMIE WILLIAMSON  |  THURSDAY, 17 MAY 2018
The members of a $20 billion industry superannuation fund will benefit from a reduction in administration fees following a review. VicSuper has lowered administration fees across its FutureSaver and Flexible Income accounts. Fees for the former have ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The 2018 installment of KPMG's Super Insights report highlights the emergence of a two-tiered superannuation system. According to KPMG's analysis, the superannuation system in Australia is splitting into two tiers, as small funds experience initial ...

Blue Sky revaluation sees asset prices drop

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
Blue Sky Alternative Investments has completed an independent revaluation for 25% of its fee-earning assets under management, and it is expected to reduce FY18 net profit after tax by $7 million. The first phase of Blue Sky's total portfolio revaluation ...

ASIC wants industry views on short selling

DARREN SNYDER  |  TUESDAY, 15 MAY 2018
ASIC is reviewing its approach to short selling, including a proposal which would allow market makers of certain exchange-traded products to naked short sell units in an ETF or a managed fund. The law enforcement agency is seeking feedback on several ...

Pension fund CIO departs

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
The chief investment officer at one of the world's largest pension funds has resigned, citing family reasons. The California Public Employees' Retirement System (CalPERS) announced Ted Eliopoulos will leave at the end of the year, with the search ...

Advice fintech shutters Sydney office

ALEX BURKE  |  TUESDAY, 15 MAY 2018
As part of a strategic review, an ASX-listed Australian fintech targeting the financial advice market will close its Sydney office and reduce three sales and customer service staff. Intiger said the decision came about because the review "reaffirmed ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
Six index points or 0.1% is all the All Ordinaries index needs to add to by the close of today's trading activity and it would match the decade-high (January 2008) closing level of 6241.46 points recorded on January 9 this year. As at yesterday's ...

NSW Treasury appoints productivity commissioner

DARREN SNYDER  |  MONDAY, 14 MAY 2018
... Treasury. Joining the NSW Government as its first productivity commissioner is Peter Achterstraat. His mandate is to "bust red tape and make NSW the easiest place to do business." Achterstraat is also the current president of the Australian Institute ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
The prevailing global dynamics of tight labour markets and low inflation is not the sole purview of big developed economies. It's happening in the US - the biggest economy in the world (US$18.6 trillion in 2016, according to World Bank estimates) ...

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
BlackRock has laid out options for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian ...