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Showing 991 - 1000 of 4938 results for "fees"

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... the reduction, Rainmaker analysis suggests AMG will have one of the lowest cost MySuper products in Australia, with total fees charged by AMG MySuper to come in at 0.47% per annum. The current industry average is about 1%, according to Rainmaker. The ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... AustralianSuper. The merged fund has approximately two million members and 2500 employees. ART has committed to reducing fees from 1 July 2022, with ART Super Savings account members to see their admin fees cut from $1.50 to $1.20 per week, and ART QSuper ...

Low fees, niche sectors win ETF war

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
New analysis from Morningstar has revealed the winners from the intense competition in ETFs are those with low fees or offering exposure to niche sectors like disruptive technology. Vanguard, BetaShares, and iShares remain at the top of Australia's ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger with Cbus ...

Resolution Capital to list active ETF

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... to achieve an annual total return in excess of that of the FTSE EPRA/NAREIT Developed Invest (AUD Hedged) (Net TRI) after fees on a rolling three-year basis. Holdings include Prologis, Invitation Homes and the Essex Property Trust. Commenting on why ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... performance benchmark, which uses the BACM0 Bloomberg Ausbond Composite 0+ Yr Index as the benchmark and permits 10bps for fees and an assumed tax rate of 15%. Note that tax has been ignored for the purposes of this analysis. The Schroders analysis explained ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... at the end of 2021. "The Magellan Global Fund has met its long-term objective of delivering returns of 9% per annum net of fees since inception, however we recognise that we need to sharpen our investment processes to improve investment performance," ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... financial advice subsidiary has been hit with a $20 million penalty for charging over 25,000 customers more than $50 million in fees for no service. Between 21 August 2014 and 30 June 2018, Aware Financial Services, formerly StatePlus, charged about ...

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... forward to continuing to deliver exceptional outcomes for our expanded membership, including delivering one of the lowest admin fees of all MySuper funds, market-leading default investment outcomes - especially from our MySuper Balanced option which ...

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... financial institutions. While NAB Financial Planning and NAB Private Wealth have remediated most of this amount with respect to fees for no service misconduct, NAB's former subsidiaries have not. According to ASIC's latest compensation tally ...