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Showing 41 - 50 of 2013 results for "Plus"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... It doesn't seem fair." Most recently, Zurich's OnePath raised premiums for its income protection insurance for the Plus (Series2) policy by 100% over the next two years. "Given an increase in claims volume and length, the small number of OnePath ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... Hostplus said. In the year to June 30, the option achieved a return of 7.85%. Its return target is rather conservative at CPI plus 3% over 20 years. The fund said new investments are also a factor. "In our commitment to continually improve your investment ...

Fidelity retirement specialist exits

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... and podcasts, he has said Australians are ill-prepared for retirement, lacking control in the retirement planning process. Plus, he reckons that less than half of the Australians surveyed are making an active decision about the end of their career. Dinham's ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... Growth, and Cash options, are managed by Mercer. All existing members continue to pay an administration fee of $1 per week plus an asset-based administration fee of 0.49% p.a. The Direct Investments option charges an additional $1 per week administration ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... formerly known as the Ventura KFM Income Fund, and its aim was to provide returns greater than the 1-Year Bank Bill Swap Rate plus 4% while investing in ASX-listed securities including hybrid securities, bonds, fixed interest securities, bank shares ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
The Betashares Australian Cash Plus Fund (managed fund) (MMKT) offers investors access to a diversified portfolio that includes Australian dollar cash and short-term money market securities. According to Betashares, most money market securities in the ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... November 2021, Netwealth proposed a $785 million merger with Praemium, offering one new share for every 11.96 Praemium shares, plus a cash consideration. The proposal represented a 29% premium over Praemium's October 27 closing price of $1.16 but was ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... two tranches. The first, involving members and other beneficiaries with entitlements in Retirement Access and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements, has been completed. The second tranche is the transfer ...

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
... IBC," PAC said. The process kicked off when it was revealed Regal Partners had lobbed a bid to buy PAC for $7.50 per share plus 2.2 GQG shares per PAC share, representing $3.62, back in March. It partnered with River Capital on the proposal but ultimately ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... remain with the fund for at least five years. Rochford Capital, the investment manager, charges a management fee of 0.50% plus 20% of the net cash margin. There is no performance fee. "With AUD/USD at historic lows and the US credit rating once again ...