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Showing 621 - 630 of 4001 results for "Cut"

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
Fifty-six superannuation products dropped their fees in the March quarter, according to Rainmaker Information's analysis of 475 product disclosure statements. Overall, 152 superannuation products updated their PDS's between January and March 2021. Of ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

Platform cuts fees

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
A specialist managed accounts platform has cut the administration fee on its superannuation offering. Wealth02 lowered the admin fee on its Super Simplifier by 3.3 basis points, capping fees at $1760 per member or $3630 across six family members. The ...

Boards should be "strap-on brains": Cosgrove

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Retired Governor General Peter Cosgrove has offered some words of advice to corporate Australia on the role of boards and leaders. Cosgrove delivered a speech on leadership strategies through good times and bad, drawing on his military experience, at ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... overhaul of the default provider scheme aimed at slashing fees and improving returns, the number of default providers has been cut from nine to six. This resulted in AMP, ANZ and ASB being cut. Bank of New Zealand, Booster, BT Funds Management, Kiwi ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... FSC deputy chief executive Blake Briggs questioned whether the addition of administration fees would disincentivise funds to cut fees in the future. "In effect, our observation is the funds that have been doing the right thing and cutting fees are being ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has retained the low-and-middle income tax offset (LMITO) for another year and introduced a tax cut for small to medium businesses in the 2021/22 budget in a bid to create more jobs and support business investment. Low-and middle-income ...