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Showing 91 - 100 of 4443 results for "fees"

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
... public markets is that there's very little consistency across the products. There are a lot of idiosyncrasies, namely, fees, liquidity, lockup periods, and portfolio analytics," he said. Spire Capital recently published Surfing the wave, avoiding ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... greater certainty and pursue follow-on acquisitions, unlike banks which usually require a return to negotiations and additional fees for such transactions. "As many private equity strategies are built on acquisitions, these accordions are really attractive," ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... equivalent rights to benefits they currently have in Qantas Super. We would also seek to improve member services and lower fees and costs." In an update, Qantas Super said a new merger committee has been created to guide the management team throughout ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... total cost as low as 0.1%. The research house highlighted that this cost is primarily determined by investment management fees and the buy/sell spread. Notably, these combined costs represent the total cost of ownership for a 12-month period, but holding ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
Diversa Trustees sub-plans Smartsave and Superhero Super have merged as the latter announces significant changes to its fees, structure, and investment menu. On October 26, Smartsave moved into Superhero Super. This was after a "thorough evaluation ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
... the audits appropriately, or that she or her husband derived any advantage from her engagement (apart from any professional fees charged in respect of the audits in the ordinary course)," McCabe said. "Having said that, the applicant's failure to appreciate ...

Global X slashes ETF fees

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
Global X ETFs is reducing management fees on two of its fixed income ETFs, the Global X USD High Yield Bond ETF (USHY) and the Global X US Treasury Bond ETF (USTB). USHY is currently priced at 0.40% and UTSB is currently 0.20% per year but will be reduced ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Federal Court has imposed a $5 million penalty on OnePath Custodians for unlawfully deducting adviser service fees from members. According to court documents, the trustee made misleading representations about its right to continue charging fees ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... administration fee payable. Under Future Group's ownership, Verve members will save on percentage-based administration fees, dropping from 0.725% to 0.541%. Recent analysis from Rainmaker Information shows the average ongoing admin fee for retail ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... revealing that most on-platform trustee directed products (TDPs) underperform their benchmark and exhibit higher administration fees. The prudential regulator's analysis based on the 2023 superannuation performance test showed that 56% of member accounts ...