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Showing 11 - 20 of 4446 results for "Fees"

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market. All members will see annual administration fee go from 0.35% to 0.33% per year and the admin fee cap lower from ...

Crescent Wealth to merge into Russell Investments

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
... Investments was evident following a recent Member Outcomes Assessment by Equity Trustees. It revealed that Crescent Wealth's fees and costs are impacting member returns, saying they "aren't appropriate having regard to their financial interests," ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... with a total of $131.5 million in assets; however, it is one of the fund's most expensive offerings, with investment fees and costs of 0.73% plus transaction costs of 0.05%. Meantime, for the year to March end, the Socially Responsible Australian ...

The funds delivering up to 30% returns: Mercer

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... delivering over 30%. ECP Asset Management's All Cap fund was the top performer, delivering a massive 32% annual return, before fees. QVG's Long Short Fund wasn't far behind, delivering a 31.8% annual return. In third place was Smallco's Broadcap fund ...

Goldman Sachs ditches robo-adviser Marcus Invest

KARREN VERGARA  |  FRIDAY, 26 APR 2024
... Wealthfront charge 0.25% on the total AUM, while some like SoFi Automated Investing or Schwab Intelligent Portfolios charge zero fees. Marcos Rosenberg, global head of Marcus Deposits and Marcus Invest, said: "As we increase our focus on our growing ...

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... such as ESG-focused investment strategies. "... the risk-adjusted metric should ensure sufficient weighting is placed on fees by testing investment performance after accounting for both investment and administration fees. This also avoids the risk of ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... transfer, members of Engineering Super, Professional Super and Student Super will also see immediate savings on administration fees and costs that will outweigh an increase in investment fees. They will continue to pay a flat dollar-based admin fee or ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... different levels of authority to transact on their accounts, including a limited authority to withdraw the third party's fees. Macquarie also made available to third parties a bulk transacting tool to make multiple withdrawals across multiple customer ...

Equity Trustees scores Woodbridge mandate

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... Woodbridge Secured Income Fund aims to provide investors with a net return of the RBA cash rate plus 5% to 7% per annum net of fees and costs. The fund seeks to achieve this by providing investors with indirect exposure to first mortgage (senior secured) ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... measures is unlikely to enhance the benchmarking approach," Dix said. She also noted the importance of continuing to include fees in the performance test because of its impact on retirement savings. "Fee transparency not only allows members to assess ...