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Showing 1001 - 1010 of 4938 results for "fees"

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... rapid take up. "We also added new platform features including auto-generated reduced income tax credits (RITC) on advice fees for investment clients, enhancing the advice fee process for offline consent, and the commencement of in specie rollovers to ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... to alter their trust deeds. Senator Jane Hume, who is the minister for superannuation, has criticised funds for creating fees to meet the new regulatory requirements calling it a "retrograde step".

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... purpose reserve can reach its target amount by the end of 2024. The new trustee fee applies in addition to the other types of fees and costs. It will be included in the 3% cap for members with less than $6000 in their accounts. Cbus, Active Super, CareSuper ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... however, was up 53% to $356 million, boosted by AMP Bank earnings and the release of provisions, together with performance fees earned by AMP Capital. AMP's Australian wealth management business, which comprises platforms, master trusts, and SuperConcepts ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... superannuation trustees could fund their penalties, and ways to do so that do not put member's funds at risk or increase their fees," he said. The committee will also hear from UNSW associate professor Scott Donald, who specialises in governance ...

Pinnacle hires retail distribution lead

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... half-year to December 2021. Total NPAT for the period jumped 32% year on year, with some $6.4 million emanating from performance fees. Pinnacle now has 16 affiliates with a combined funds under management of $93.6 billion, growing 33% year on year. Its ...

BetaShares launches new bond ETF

CHLOE WALKER  |  MONDAY, 7 FEB 2022
... bonds. The new ETF, ticker code OZBD, aims to track the Bloomberg Australian Enhanced Yield Composite Bond Index, before fees and expenses. This index weights bonds based on their risk-adjusted income potential rather than debt-weighting, aiming to provide ...

Allan Gray Australia reduces fees

CHLOE WALKER  |  FRIDAY, 4 FEB 2022
Allan Gray Australia has made significant changes to the fees charged across superannuation, retirement and investments on its platform. Allan Gray Solutions, which encompasses Allan Gray Superannuation, Allan Gray Retirement and Allan Gray Investments ...

UniSuper adds three executives

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... and BT Financial Group. "UniSuper has such a strong story to tell - with a history of strong long-term performance* and low fees. I look forward to accelerating the lift in brand awareness and delivering an exceptional employer and customer experience," ...

Pinnacle folds boutique

KARREN VERGARA  |  THURSDAY, 3 FEB 2022
... the half-year to December 2021. Total NPAT for the period jumped 32% year on year; some $6.4 million came from performance fees. Pinnacle now has 16 affiliates with a combined funds under management of $93.6 billion, growing 33% year on year. Its share ...