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Showing 41 - 50 of 375 results for "Reduces"

TelstraSuper reduces admin fees

ELIZA BAVIN | TUESDAY, 2 APR 2024

TelstraSuper has lowered its percentage-based administration fee, effective April 1. The percentage-based administration fee will be reduced from 0.17% to 0.16% p.a. of each member's account balance. "As every little bit counts, we think that this move ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA | FRIDAY, 22 MAR 2024

... and permanent disablement (TPD) on the transfer date will become fixed cover in ART. ART's fixed TPD cover tapers or reduces for older members, while its voluntary fixed TPD cover ceases at age 67 and not age 70. AvSuper also told members that its ...

Why active managers are falling behind in emerging markets

ELIZA BAVIN | FRIDAY, 22 MAR 2024

... multiple factors," McCormack said. "The combination of the four factors capturing both cyclical and defensive characteristics reduces the need to implement factor timing as a potential way to outperform. Our research shows this multifactor approach has ...

Low-margin clients hurt practice valuations

KARREN VERGARA | THURSDAY, 14 MAR 2024

... off by this client base generating low-margin revenue, Centurion found, saying the level of work required significantly reduces profitability and drives the average multiple down. "The exception being if an acquirer believes fees can be increased for ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN | FRIDAY, 8 MAR 2024

... received the highest in demand. "Appetite for digital advice naturally increases as the amount they are willing to pay reduces," Guiamatsia said. "We estimate 750,000 potential adviser clients would use digital tools at a calibrated cost of $320."

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS | WEDNESDAY, 31 JAN 2024

... significant differences between the median and mean pay gaps, but at this stage, the WGEA data will only cover the median. This reduces the potential for very high or very low salaries skewing the data." Experts agreed that the gender pay gap is a societal ...

ASIC makes adviser exam changes

JAMIE WILLIAMSON | THURSDAY, 25 JAN 2024

... "Exams based on multiple choice questions create efficiencies by enabling computer marking to replace manual marking. This reduces the cost of administering exams and improves response times for exam candidates to receive their results." "The government ...

Qantas Super reduces premiums again

KARREN VERGARA | TUESDAY, 23 JAN 2024

Qantas Super has again reduced its insurance premiums six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement ...

Treasury to refresh financial adviser exam

KARREN VERGARA | MONDAY, 18 DEC 2023

Payday super protects most vulnerable: SMC

CHLOE WALKER | MONDAY, 4 DEC 2023

... mind at retirement - unpaid super was putting that dream at risk for too many Australians. "Payday super dramatically reduces unpaid super giving more Australians a dignified retirement." Launched in October, the SMC was formed after the merger of Industry ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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