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Showing 581 - 590 of 4001 results for "Cut"

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
A new paper from the Actuaries Institute discusses the key skills and experience board directors for financial services companies should have going forward, including an argument that the chair should always be a former chief executive. Former Actuaries ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The energy sector remains the only undervalued area of the Australian equity market while consumer cyclical is the most overvalued, according to Morningstar. The research house's latest equity market outlook for Q4 2021 revealed Woodside Petroleum ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... the option to sit the exam flexibly either in person, virtually or via alternative arrangements. This bill extends the exam cut-off day to 1 October 2022 for an existing provider who has sat the exam at least twice before 1 January 2022. This means that ...

Vanguard cuts fees

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
Vanguard has cut fees on several of its Australian fixed interest funds, with the reductions taking effect from October 1. Fees on Vanguard's Australian Fixed Interest fund and ETF will be reduced from 0.24% to 0.19% and 0.20% to 0.15% respectively. ...

AMP North reduces fees, adds options

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... to superannuation, pension and IDPS clients across the MyNorth, North, Summit and iAccess platform products. The recent fee cut follows on from a reduced administration fee up to 22% for balances above $250,000. Administration fee caps for individuals ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
Australia has bounced back from the economic grips of the pandemic and suffered mildly compared to other countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... one of the 13 MySuper products to fail the Your Future, Your Super performance test. Ahead of the results, it also moved to cut its administration fees significantly, dropping from a flat fee of $60 a year to $10 a year plus 30bps. The wealth manager ...

HESTA to support young women in financial services

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
The $64 billion industry fund has partnered with Girls of Impact to encourage young women to consider careers in financial services where women are historically underrepresented. The collaboration will highlight opportunities and pathways in areas that ...

Office workers burnt out: Research

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
... common. Some are finding it more challenging to switch off at the end of the day or are feeling emotionally and motivationally cut off while at work, Adecco observed that office workers working remotely feel disconnected from their colleagues and employers ...