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Showing 1 - 9 of 9 results for "Raiz Invest Super"

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... $25,000. Over this amount, the fee is charged at 0.275%. The fee changes do not affect the Property portfolio or Raiz Invest Super. Raiz Invest managing director and chief executive Brendan Malone said: "A fee increase is always a very considered decision ...

Raiz Invest launches residential property fund

ANDREW MCKEAN  |  TUESDAY, 16 MAY 2023
... Additionally, two distinct portfolios with 10% and 30% property weightings, respectively, are available for Raiz Invest Super users. The Raiz Property Fund aims to provide a diverse residential property portfolio, currently comprised of 10 properties ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... offering of an ASX-listed fintech will merge with AMG Super later this month following a ruling by its trustee. Raiz Invest Super, the super solution offered by micro investing platform Raiz, will become a division of AMG Super on or around December ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... lifted by 2.6%, likely thanks to a resumption of growth in markets. This comes despite net inflows into the Raiz Invest Super product slowing as Australians continue to drawdown on their savings. It comes as superannuation consolidation tool SuperMatch ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... superannuation offering, as members drew down on their savings to weather the COVID-19 crisis. Funds under management in Raiz Invest Super fell 6.7% over the past three months, however, it was up 0.3% in the month of April. Over the month of April, FUM ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... impacting capital markets, it is particularly pleasing to have delivered growth in revenue, active customers and Raiz Invest Super FUM during the quarter," he said. The Raiz team was focused on managing financial and operational risks to manage the business ...

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... greater than $10,000, the account fee is unchanged at 0.275 per cent a year. The new fee structure will not affect Raiz Invest Super accounts. Previously, clients were charged zero fees for balances of less than $5000 and 0.275 per cent a year thereafter. ...

Raiz expands offshore

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... underwriting experience for customers is currently in the works. In July, it launched superannuation product, Raiz Invest Super, which had about $23.5 million of funds at the end of September. Chatbot Ashlee was also recently launched to help resolve ...

Raiz close to super product launch

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... the lowest fees in the market for balances of $50,000. After announcing plans for its super product in March, Raiz Invest Super plans to officially launch on 16 July 2018. It charges about $425 per annum on balances of $50,000, placing it in the bottom ...
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