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Showing 611 - 620 of 4001 results for "Cut"

Christian Super reduces fees

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... part of a broader strategy to provide better outcomes for its members. On July 1, Christian Super's 30,000 members saw a fee cut of between five to 10 basis points for all diversified options. The annual fees and costs for a member with $50,000 invested ...

3PD wins distribution partnership

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... catalysts like potential shift of global supply chains to India as they look to diversify their supplier countries, sharp cut in corporate tax rate (now amongst the lowest in the world), labour reforms and production linked incentives provided by government." ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

AMP Capital GEFI sold to Macquarie

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... Capital by about 20% on the back of AUM losses. Looking specifically at the Private Markets business, flow estimates have been cut by almost 50% as the researcher assumes it will lose the Wholesale Office Fund and Community Infrastructure Fund. The numerous ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... scrutinised. "It is not my intention to stop at £5 billion but given the present size of the UK market, this is the appropriate cut off- for now. I strongly encourage views for this call for evidence to help shape further policy on consolidation in ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... Financial Adviser Standards and Ethics Authority (FASEA) exam re-take for advisers who have failed. Hume is extending the cut-off date to 30 September 2022 for advisers who have attempted the exam twice and failed prior to 1 January 2022. Finally, the ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
The latest figures from the Association of Superannuation Funds of Australia (ASFA) show the Superannuation Guarantee increases will double the number of Aussies reaching a comfortable standard of retirement. As of July 1, the SG rate will rise from ...

Employers should pay SG rise: ASFA

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
The Association of Superannuation Funds of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees. As of July 1, the SG rate will rise from 9.5% to 10% and ASFA argued ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
About 15% of CFAs working as investment professionals had a pay cut related to COVID-19, according to a new survey that says pay remained relatively resilient during the pandemic. CFA Institute surveyed 4600 investment professionals from its member ...

Cost of group insurance declines

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
... of $8.7 billion. The research, conducted over 10 years, also revealed that not-for-profit (NFP) superannuation funds have cut their premiums more aggressively than retail funds, meaning that retail fund members are paying higher-than-average premiums. ...