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Showing 671 - 680 of 1793 results for "EXCEPT"

Super fund increases premiums

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
A $117 billion superannuation fund is changing the cost of insurance across the board at the turn of the New Year. Most QSuper members will see income protection cover go up 31%, while death and total and permanent disability (TPD) cover will increase ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... ability to "wear two hats" will be in force. Trustees will be prohibited from acting in the best interests of another person, except when performing its duties and exercising its powers as a trustee or when providing personal advice. Failure to comply ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... - from -4 in the previous month and the record low reading of -66 in March 2020. Confidence improved in most industries except for mining and transport & utilities. Business conditions in the country increased to +1 in October from September's 0 ...

Fintech hires in Australian expansion

ELIZABETH MCARTHUR  |  TUESDAY, 10 NOV 2020
A US-based fintech has appointed a head of international sales, who will be tasked with driving revenue growth in Australia and New Zealand. Jason O'Shaughnessy steps into the role at data aggregation and analytics for financial services provider Envestnet ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... from 1.35% to 0.94% p.a. Across the two MasterKey products, investors can expect monthly rebates paid into their account (except the cash fund). "We'll provide investors with a monthly fee rebate on balances excluding the MLC Cash Fund, for combined ...

PPS Mutual hires from Synchron

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
Former Synchron state manager has joined mutual insurance firm PPS Mutual as a senior business development manager to strengthen its distribution in Victoria and Tasmania. Jason Milosevski has been the Victorian state manager at Synchron for the past ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
... March and April amid the onset of the global pandemic. Wilson said every other fund "lost tens to hundreds of millions", except for AustralianSuper because it refused to give details. Silk said this was "market-sensitive" information. The committee also ...

EQT names chair, compliance member

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
The responsible entity for some of Australia's largest funds has made changes to its compliance committee and appointed a new chair to its board. Equity Trustees has announced Glenn Sedgwick has joined the responsible entity compliance committee (RECC) ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Aware Super in-houses fund administration

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
Aware Super is implementing a new suite of technology products that will allow it to in-source member experience, including administration, so far done by Mercer. The fund signed a long-term contract with Bravura, for an initial term of seven years. ...