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| | | One of Australia's largest superannuation funds has dropped its pension fee by 40%, saving members $156 per year. $48 billion industry fund Hostplus said will drop its pension fee from 1 April 2020, with the change set to reduce fees from $7.50 ... |
| | | | ... more renewable companies to list. At the moment, renewables are a pretty small part of our market." CHOICE said fossil fuel-free super is a recent development and, as a result, fees can be higher than default super and have a larger impact on retirement ... |
| | | | ... various offshore bank accounts. MOBE offered a money-back guarantee which made investors believe the investment was risk-free, the FTC said. The FTC alleged MOBE would refuse refunds and only honour them if the investors threatened to go to regulators. ... |
| | | | TAL has lost a group insurance mandate following a comprehensive review by the super fund's trustee. Members of Freedom of Choice, an offering under the AMG Super umbrella, have been notified that TAL will no longer provide their group insurance ... |
| | | | ... that is doing what you want from ESG, which is getting to a better place," Bhansali said. "If you insist on having a tobacco-free portfolio you can't encourage that behaviour." Bhansali said IQOS is doing well in the market and millions of smokers ... |
| | | | The troubled insurer has voluntarily appointed liquidators, who have received resignations from Pauline Vamos and two other directors. Wested Advisors' Joseph Hayes and Andrew McCabe were appointed as liquidators, according to an ASX announcement ... |
| | | | ... ATO is building an online SMSF trustee course, which will go through all the things trustees need to know - and it'll be free. New SMSF trustees will also be auto-subscribed to the ATO's SMSF publication, with the office having plans to subscribe every ... |
| | | | The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ... |
| | | | An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday. Texas-based Bonitas Research previously alleged Rural Funds Group (ASX: RFF) was overstating ... |
| | | | Latest surveys show an improvement in Australian consumer and business confidence despite concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February ... |
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