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Showing 491 - 500 of 2759 results for "Free"

AustralianSuper to shutter property option

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
Nearly three years after AustralianSuper added the ability to freeze redemptions in its property option for up to two years, the fund has decided to shut the option altogether. The $225 billion industry fund will close the property option on September ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... forward. PIMCO head of Australia Robert Mead said that diversification remains as relevant as ever and that it is the "only free lunch" in investing. "Investors have to ensure that diversification opportunities are harnessed. When we start to consider ...

HGL relaunches fund to wholesale investors

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... returned 38% (after all fees), beating the ASX200 by 15%. The fund, which has about $13 million in assets, charges a management free 1% plus GST p.a. as well as fund costs capped at 1.05% p.a. HGL acquired Supervised Investments in March and brought ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Despite responsible investing becoming the new normal, a panel of experts have argued that short-term thinking is allowing companies to get away with actions that are out of line with action on climate change. Speaking at the Australian Institute of ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
The federal government has announced the ASIC levy paid by financial advisers will revert back to 2018/19 levels for the next two years, saving the sector at least $46 million. The levy will be restored to $1142 per adviser, as was charged in 2018/19 ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Australia MySuper and Energy Super will see 4bps each of improvement from the changes. "This change not only gives funds a free pass for historic fee gouging, it opens the test to manipulation," ISA said. "A fund could cut its last year of administration ...

Douugh rolls out robo-advice

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... Australia will eventually morph into the Portfolio Jars offering. Like the US offering, Goodments by Douugh is brokerage-free, the app is also commission-free, with the company claiming investors could put as little as $1 into a range of international ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... pressures that this causes gives central banks scope to maintain accommodative policy settings. I prefer a more organic, virus-free growth setting but hey, I wouldn't stand in the way of the flood of money - monetary and fiscal - that I expect to ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... Cathie Armour said auditors are important gatekeepers to the market and play a key role in ensuring financial reports are free from misstatements. "In taking this action against EC Audit, ASIC is sending a message to auditors to maintain a strong culture ...

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... Another proposal is removing the requirement to disclose maturity dates and counterparty names for derivatives. Trustees are free to provide any other information regarding the portfolio holdings other than what is required. "The exposure draft regulations ...