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The Government's KiwiSaver moves will apply 'competitive pressure' to funds market

The Government s KiwiSaver moves will apply competitive pressure to funds market
14 May, 2021 01:54 AM
3 minutes to read
Finance Minister Grant Robertson has announced a shakeup of Kiwisaver.
Jason Walls is a political reporter for the New Zealand Heraldjason.walls@nzme.co.nz@Jasonwalls92
Finance Minister Grant Robertson says the Government s major KiwiSaver shakeup will apply competitive pressure to other private fund managers to slash their fees.
I think and I hope that this will lead to a greater level of competition, and they will lead to a lowering of fees, he told media this morning.
He said that KiwiSaver fees have been too high for too long and the Government s move will help deliver a much-needed shakeup. ....

New Zealand , Grant Robertson , David Clark , Consumer Affairs , Finance Minister Grant Robertson , Kiwi Wealth , Fisher Funds , Consumer Affairs Minister David Clark , Kiwi Savers , புதியது ஜீலாந்து , மானியம் ராபர்ட்சன் , டேவிட் கிளார்க் , நுகர்வோர் வாழ்க்கைத்தொழில்கள் , நிதி அமைச்சர் மானியம் ராபர்ட்சன் , கிவி செல்வம் , மீனவர் நிதி , நுகர்வோர் வாழ்க்கைத்தொழில்கள் அமைச்சர் டேவிட் கிளார்க் ,

Canada's Pieridae reaches record gas in Q1

Canada’s Pieridae reaches record gas in Q1
May 14, 2021 3:38:pm
Summary
by: Dale Lunan
Posted in:
Canada’s Pieridae reaches record gas in Q1
Canada’s Pieridae Energy, which acquired Anglo-Dutch major Shell’s conventional foothills gas assets in the summer of 2019, said May 13 it reached record natural gas production of more than 215mn ft3/d in Q1 2021.
While its net loss increased year-on-year, to C$19.5mn (US$16.06mn) from C$11.5mn, sequentially the loss was reduced from nearly C$46mn in Q4 2020. Cash flow provided by operating activities nearly doubled, to C$11mn from C$6.4mn in Q1 2020, while net operating income and adjusted funds flows from operations rose 9% and 7%, respectively, from the same period last year. ....

United States , Alfred Sorensen , Canada Pieridae Energy , Pieridae Energy , Nova Scotia , North America , Record Natural Gas Production , Conventional Foothills Gas Assets , Prime Contractor , ஒன்றுபட்டது மாநிலங்களில் , ஆல்ஃபிரட் சோரன்சென் , நோவா ஸ்கோடியா , வடக்கு அமெரிக்கா , ப்ரைம் ஒப்பந்தக்காரர் ,

Changes to default providers won't lower KiwiSaver fees as Govt hopes, say experts

Changes to default providers won t lower KiwiSaver fees as Govt hopes, say experts
14 May, 2021 05:00 PM
6 minutes to read
The number of KiwiSaver default providers will reduce from nine to six. Photo / Getty Images
Experts have poured cold water on the Government s hopes that a major shake-up to the KiwiSaver default providers will bring down fees across the industry.
And the majority of those appointed as new default fund
providers say the low fees on offer through their default schemes won t be applied to their other funds.
On Friday the Government announced the nine current default KiwiSaver providers would be slashed to six from December 1. ....

New Zealand , New Zealand General , New Zealanders , Superlife Kiwisaver , Chris Douglas , Grant Robertson , Sam Stubbs , Melissa Vasta , Claire Matthews , Smartshares Exchange Traded Funds , Massey University , Kiwi Wealth , Fisher Funds , Minister Grant Robertson , Smartshares Exchange Traded , Booster Tahi , Won T , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , கிறிஸ் டக்ளஸ் , மானியம் ராபர்ட்சன் , சாம் ஸ்டப்ப்ஸ் , மெலிசா வாஸ்தா , கிளாரி மேத்யூஸ் , மஸ்ஸி பல்கலைக்கழகம் , கிவி செல்வம் ,

Namaz Eid ul Fitr: Namaz Timing in Pakistan's major cities

Namaz Eid ul Fitr: Namaz Timing in Pakistan s major cities
Pakistan
Thu, May 13, 2021
ISLAMABAD: As the nation is all set to celebrate Eidul Fitr today (Thursday) in Pakistan, the administration of the Mosques, Eid Gahs and Imam Bargahs has announced timings of Eid-ul-Fitr’s prayer in major cities of the country.
Eidul Fitr prayers will be held across Pakistan in strict adherence to COVID-19 precautionary measures.
Following are the Eid prayers timings: ....

Eid Gahs , Imam Bargahs , Eidul Fitr , எய்துள் பீற்ர் ,

Project spotlight: Rio Grande LNG [Gas in Transition]

From a record number of final investment decisions (FIDs) on new liquefaction capacity in 2019 to almost no approvals in 2020, the ups and downs of the LNG market are weeding out the weak from the strong this year. Nowhere is this more evident than in the Brownsville Ship Canal area of Texas. NextDecade, the developer of the Rio Grande project, is all set to proceed, but still needs to nail down additional offtake agreements to secure finance in an LNG market beset by uncertainty. [Gas in Transition, Volume 1, Issue 1] ....

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