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Showing 6801 - 6810 of 28267 results for "NOT"

Super funds overlook VC potential

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... masse which has benefited members," Waring said. "However, this is having a negative impact on Australian small-cap shares not in the ETF indices, which are losing billions of dollars of potential investment to large cap and overseas companies." What ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new era of monetary ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... best 10 funds for young people were lifecycle products. Three of the top 10 super funds were retail funds and the rest were not-for-profit funds. Elsewhere in the report, Rainmaker's MySuper index returned its first negative financial year return ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Aberdeen Standard Investments has dropped the fees on its $180 million Australian fixed income fund. Effective November 1, the fund will go from charging 51 bps per year in management fees to 45 bps. "It is to ensure that we remain competitive. We recognise ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
BT Index Funds will be ceasing ongoing adviser fees (OAFs) and introducing a new feature to facilitate one-off advice fees. BT said from 1 December 2020 it will introduce a new feature that will allow investors and their financial advisers to agree ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... Australia managing director Jonathon Miller said the project follows the RBA's previous declaration that stated there does not seem to be a strong public policy case for issuance in Australia. "We see vast potential for a wholesale central bank digital ...

Healthcare dominates impact investing: American Century

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
In the wake of the pandemic impact investors in the United States and United Kingdom have continued to focus their attention on prioritising healthcare, new research shows. American Century Investments latest study reveals the disparity of responses ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
The Federal Court case brought by Mark McVeigh against the $57 billion industry super fund has been dismissed. The case was scheduled to be heard today but Justice Perram ordered that by consent the case was to be dismissed. McVeigh and Rest have been ...

WA Super provides merger update

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
... Super is a strong, credible and well-managed superannuation fund. However, looking ahead, we recognise that over time we will not be able to provide the same benefits to members as the larger funds," WA Super said. "We are incredibly proud of WA Super's ...

Retail super offerings in successor fund transfer

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
The successor fund transfer of another OneVue-administered retail super offering and all its sub-plans is set to commence later this month. Following on from its decision to transfer LESF Super to Smartsave earlier this year, OneVue's Diversa is pushing ...