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Showing 991 - 1000 of 9372 results for "Fee"

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey. Vanguard Australia managing director Daniel Shrimski said after working hard and saving ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
VanEck will make history this week as the first investment manager to launch a Bitcoin ETF on the ASX. The VanEck Bitcoin ETF (ASX: VBTC), which will list this Thursday, has come into being after an uptick in queries and requests from the adviser and ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback from the financial services industry on its proposed annual Approach document schedule for financial year 2024-2025. AFCA Approach documents support consumers, small businesses ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... the time, AIST said it was aware of some operators charging as much as $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." SMC has now picked up where AIST left off, renewing the call for ...

Older clients boost book values

KARREN VERGARA  |  THURSDAY, 13 JUN 2024
... returned to more typical patterns, though the legacy of the pandemic's impact on supply remains." Using a metric based on fee size per client, investment and super clients that pay less than $2000 p.a. go for 1.0x-2.0x. Clients paying fees of $2000 ...

BlackRock launches new government bond ETF

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... BlackRock Australia has announced the launch of the iShares 15+ Year Australian Government Bond ETF (ASX: ALTB) with a management fee of 0.15%. BlackRock said the launch is in line with the firm's commitment to expand its iShares product suite, offering ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... Stakeholders have until July 8 to have their say. The draft bill proposes to remove the requirements for advisers to provide Fee Disclosure Statements as part of an ongoing fee arrangement, update record keeping obligations for new consent requirements ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... their long-term retirement savings, Scotchbrook added. The SMSFA warns of other costs associated with changing systems and fee disclosure documentations. "To preserve the status quo and to support the advice industry, which in recent times has been crippled ...