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Showing 601 - 610 of 4001 results for "Cut"

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... and mobile apps. Victims invested their money and were able to make small withdrawals in the beginning before the scammers cut off contact. These scams disproportionately affected members of culturally and linguistically diverse communities including ...

Active Super awards back-office mandate

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
Active Super has awarded a back-office mandate to Investment Control Systems (ICS) in a bid to increase efficiencies. ICS will help Active Super manage and automate several functions such as exposure reporting, cash forecasting, rebalancing, performance ...

Saxo cuts trading costs

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
Online trading platform Saxo Markets Australia has lowered its trading costs by as much as 60%. Investors trading ASX shares and ETFs will now pay $5 in brokerage fees, down from $6.99. The $5 minimum amount is charged based on the total trade amount ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... hearted" and gave in to to pressure of allowing the repatriation of 6000 stranded Australians per week back home. This was later cut back to 3000 per week. But too late now. Going back to the point, All of the consumer sentiment index's components ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... the organisation and making sure that we drive a purpose led culture," George said. The board followed through with a pay cut as flagged in 2020, which will see it and the investment committee receive 15% less for their services.

Abrdn acquires robo-adviser

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
The Scottish wealth management firm is purchasing Exo Investing from Nucoro and will produce a digital wealth management app with AI capabilities. The acquisition will help Abrdn develop an industry-leading technology solution for investors powered ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment. The court said the licensee failed to take reasonable steps to ensure that its former ...

Aware Super hits $150bn, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 JUL 2021
Aware Super has hit a new milestone, passing $150 billion in members' retirement savings. The fund also confirmed a new hire in its ESG team. Celebrating the milestone, the fund said it aimed to pass on the benefits of scale to members - most crucially ...