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Showing 671 - 680 of 2955 results for "August 2015"

Vanguard lowers platform fees

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
Vanguard has made changes to the fees on its Personal Investor platform and introduced a brokerage fee for all listed investments. From August 18 the investment manager will remove the account fee for Vanguard ETFs, managed funds as well as the cash ...

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 ...

Morningstar launches fee comparison tool

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
Morningstar is launching a new tool that provides increased transparency and disclosure on fees across its investments and superannuation products, well above what RG97 requires. The Morningstar Total Cost Ratio (TCR), which will be rolled out on August  ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The SMSF technology platform has decided to either convert or redeem its $3.1 million investment in Philo Capital Advisers after concluding it is not in the best interest of its shareholders. Class previously made the investment prior to the introduction ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Former AFA chief in new role

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
The former chief executive of the Association of Financial Advisers announced his next move, which involves leading another industry body. Phil Kewin will become the president of the National Insurance Brokers Association (NIBA) from August 16. Kewin ...

FS Power50 nominations open

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
Nominations have opened for the FS Power50, Financial Standard 's annual list of the 50 most influential financial advisers in Australia. Those hoping to nominate themselves and/or financial advisers they admire have until August 9. Now in its eighth ...

ASIC consults on market integrity rules

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
The corporate regulator has opened consultation on proposed amendments to market integrity rules that aim to reduce the regulatory burden on participants. ASIC's Consultation Paper 342 Proposed amendments to the ASIC market integrity rules and other ...

ASI product development lead exits

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Aberdeen Standard Investments' head of product development and management will leave the firm after nearly 14 years. Lee Cavanagh is the lead for product and development for the Australian business. She joined ASI in August 2007 and prior to that ...