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Showing 61 - 70 of 224 results for "July 15th"

Sargon Capital acquires Decimal

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
In its second major acquisition this month, Sargon Capital will acquire 100% of financial advice technology provider Decimal. Under a court-approved scheme of arrangement, Sargon will purchase 100% of Decimal's issued shares for 1.41 cents per share ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...

QSuper cuts administration fees

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
QSuper has cut its administration fee from 18 basis points to 16 basis points - its third cut to admin fees since 2015. Yearly administration fees will be capped at $900 a year, starting with distributions paid out in July, 2019. It was $1000 previously. ...

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
While there are Dover financial advisers that have managed to transition elsewhere in recent weeks, latest ASIC data shows hundreds of advisers will be without a licensee when the disgraced AFSL shutters today. Rainmaker analysis of ASIC's Financial ...

Iron ore's ups and downs

BENJAMIN ONG  |  FRIDAY, 24 NOV 2017
How could the Reserve Bank of Australia (RBA) get it so spectacularly wrong? You, I and Irene could be forgiven for thinking so if you overlay today's Australian Financial Review's (AFR) headline, "Iron ore extends rally, fresh bull market beckons" ...

SuperFriend welcomes new director

EMMA RAPAPORT  |  FRIDAY, 17 NOV 2017
A mental health foundation that works with profit-to-member superannuation funds has appointed its first independent, non-executive director to the board. Megan Bonny joins SuperFriend with more than 20 years' experience in managing communications and ...

Merger leads to fee cuts at Equip Super

ALEX BURKE  |  TUESDAY, 3 OCT 2017
Equip said its merger in July this year has enabled the $14 billion super fund to cut administration fees and drop buy-sell spreads on investment transactions. The merger with the Rio Tinto Staff Superannuation Fund, Equip continued, has provided sufficient ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...

Lower returns but higher balances for SMSFs

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2017
One quarter of self-managed superannuation fund retirees have a less than 50% chance of achieving their retirement goals with the amount needed to afford a comfortable retirement jumping 17%. Latest research from the SMSF Association and Accurium demonstrates ...

Tower lodges cross appeal to NZ High Court

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
After having a proposed takeover by Suncorp subsidiary Vero Insurance declined by New Zealand regulators, Tower has lodged a cross appeal against the decision. In a statement to the ASX, Tower advised that it has now formally lodged its own cross appeal ...