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Showing 51 - 60 of 4443 results for "fees"

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... over from Andrew Waddington. A fee comparison dated June 2021 showed that the fund charged a whopping 1.45% in management fees per annum - the highest among the other Pendal products. "The cash proceeds from this termination will be paid directly to ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... by preventing trustees from restructuring products to evade the test, shifting members into untested products, or hiking fees to cross-subsidise products under scrutiny. Meanwhile, the super sector's diversity also means that some edge cases, such as ...

Unmet financial advice needs affect millions in Australia

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... further highlight the necessity to address the cost barrier, three in four unadvised with needs state tax-deductible advice fees would be a likely incentive to seek advice - increasing to 85% among potential adviser clients," Guiamatsia added. Meanwhile ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... assessment of 62 portfolio management teams led by women were able to achieve 0.89% in alpha annualised over five years net of fees as at December 2023. On an annual basis, this came out to be 1.2% per annum. "This is higher than the wider group of Australian ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... big returns down the track," she said. "For instance, consolidating your superannuation so you stop paying multiple sets of fees can help you build a bigger nest egg for retirement. The task takes only a few minutes, but it can mean thousands or tens ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... natural progression for the business was to create investment portfolios that are professional, transparent, offer competitive fees and designed to help Australians build long-term wealth." "The ability to white label InvestSMART's professionally managed ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... make the most of the great work their funds do for them. "The work we did pioneering how fund performance, insurance and fees can be assessed, together with the work Rainmaker did opening up how we talk about ESG were career highlights. Just wait until ...

Blackwattle Partners launches global fund

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... all retail investors, the firm will be running a foundation offer over the next three months for early access at reduced fees for select clients. According to Skinner, the fund will be constrained to a maximum funds under management of $10 billion. "We've ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... across passive and active managers. "It's really hard for long equity managers to actually charge clients on performance fees. It's almost non-existent now. If you're a hedge fund pursuing an absolute-return strategy, yes, it's standard ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... measures, effective from 1 July 2019, aimed to safeguard Australians' superannuation from being eroded by unnecessary fees and insurance costs. It introduced fee adjustments, moved inactive accounts with low balances to the Australian Taxation Office ...