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Showing 631 - 640 of 4000 results for "Cut"

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Centrepoint Alliance hires from Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
Centrepoint Alliance has appointed a head of business and operations for its recently acquired advice software arm Enzumo. Farisha Cabrera will step into the position. She was most recently senior product manager for financial planning at Morningstar. ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... jobless rate "to be around 5 per cent at the end of this year and around 41/2 per cent at the end of 2022". It all seems to be cut and dried. With the domestic economy's outlook getting betterer and betterer - despite the end of the JobKeeper - the ...

How advisers can capture young risk clients

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
A new report finds that it is possible for financial advisers to attract young clients and convince them about the benefits of advice and life insurance using new strategies. Integrity Life's The fight for future markets report upends the notion ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... only to the mid-point of the RBAs 2%-3% target band before resuming its downward trend that, in turn, prompted the RBA to cut the official cash rate in succession from 4.75% in late 2011 to 1.5% in 2016. If the IMF's latest projections are correct ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... for superannuation funds. Treasury in October 2020 introduced new APRA benchmarking for superannuation funds, which would cut inflows of new member funds to any super funds than fail the test two years in a row. QSuper said this test needs to use better ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
The iron ore price has fallen by more than 4% over the past two weeks which, according to reports is due to concerns over further reduction cuts in Tangshan - China's top steel-producing city - under its anti-pollution plan. But akin to previous ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Rainmaker reveals 2021 AAA super products

JAMIE WILLIAMSON  |  TUESDAY, 23 MAR 2021
... the main default investment choices. This year saw 149 products from not-for-profit funds and 49 from retail funds make the cut. Last year NFP funds accounts for 154 products and retail funds came in with 47. Of these, 198 products have received a AAA ...