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Showing 671 - 680 of 4000 results for "Cut"

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... light of Aware's recent announcement that by introducing new benchmarks that take carbon emissions into account it had cut the carbon footprint of its equities portfolio by 40%, Financial Standard asked the fund whether this holding in Santos had ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Many retirees are missing out on additional income because their Australian equity portfolios do not take advantage of the taxation system, according to Plato Investment Management. Plato portfolio manager Peter Gardner said, with interest rates at ...

Pinnacle boutique wins super fund mandate

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... swapped out Allan Gray, Yarra Capital and Cooper Investors. It added AllianceBernstein and topped up Solaris. In cash, the fund cut First Sentier and added IFM Investors. In alternatives, it topped up Colchester Global Investors and cut Aberdeen Standard ...

Business tax expanded to big corporates

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
The government has expanded its temporary tax write-off measure to include businesses with turnover over $5 billion. Businesses with aggregated turnover over $5 billion due to income from overseas that have invested $100 million intangible depreciating ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
Global dividends took an 11% hit, falling $76.7 billion in the third quarter with the weakest results coming from Australia, the UK, and the Netherlands, according to Janus Henderson. The Global Dividend Index revealed Australian dividends suffered ...

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
A non-executive director of the platform provider has been forced to step down following an administrative error, while the former Powerwrap chair has been appointed to the board. Claire Willette has stepped down as a non-executive director after her ...

Labor, unions, industry funds seethe

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... questions?'" Jones said. He also suggested the government was "gearing up to overhaul retirement income" and the formula would be to cut super, make people sell their homes and tell workers they're better off with less. Meanwhile, ISA welcomed the findings ...

Old problem needs new solution: Research

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
... income for retiree clients, according to Allianz Retire+. Following the Reserve Bank of Australia's (RBA) latest cash rate cut, down to 10 basis points, retirees with a large allocation to cash are not able to generate sufficient levels of income. Further ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
AMP Capital has decided to close its 19-year old sustainable share fund, after its portfolio managers Genevieve Murray and Emily Woodland announced their resignations in August. In a notice sent to investors on Friday, AMP Capital attributed the closure ...