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Showing 891 - 900 of 9372 results for "Fee"

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
On September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... coverage offered to members is competitive. NGS Super also reviewed and updated its investment fees and costs. The investment fee for its default option will reduce from 0.84% to 0.83% from October 1. Most other investment options saw either a slight ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... a $2.6 million loss from the prior year, thanks to the sale of 80% of Morrison Securities. "The shift from commissions to fee for service has also ensured businesses like ours are far more sustainable and less reliant on new sales and transactional income. ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank of Australia (RBA) has indicated that there will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating ...

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
BlackRock Australia has announced it will launch the iShares 20+ year US Treasury Bond ETF (ASX: ULTB) with a management fee of 0.15%. The addition of the ETF extends the local iShares fixed income range, which it said offers Australian advisers and ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
ASX-listed real estate fund manager 360 Capital (TGP) flagged it turned its operations around in the 2024 financial year and hopes that it will be even more sustainable as the bottom of commercial real estate nears. The group made a statutory net profit ...

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
Some 82% of retirees and pre-retirees believe the Age Pension is insufficient, new study shows. A new survey from Allianz Retire+, How do we make retirements more epic?, found that 82% of retirees and pre-retirees believe the Age Pension is insufficient ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... full year ended June 30. Boutique Contributions, ex mark-to-market adjustments, grew 16% driven by a 23% growth in management fee-related revenues. In addition, underlying NPAT grew 24% due to solid revenue growth and modest expense increases, PAC said. ...