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Showing 1041 - 1050 of 4942 results for "Fees"

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... into account, this takes Hostplus' funds under management to $92 billion. The merger will result in low administration fees, no asset-based administration fees, an expanded product range and greater investment opportunities, Statewide chief executive ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... advisers will remain in the industry come the start of next year," Jones said. The exodus has led to an estimated 28% jump in fees over the last two years. "What matters is getting this issue fixed, getting your industry back on its feet and, most importantly ...

Number one challenge for advice firms revealed

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... third ranked initiatives among the Australian advice firms. The survey also found while firms have modestly raised their fees in the past three years - to around 1% for clients with $500,000 in assets - there has also been a shift to more hybrid pricing ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... investment company space. However, Wilson said that when WAM Global entered a scheme of arrangements with Temple Global no break fees were involved because he didn't believe it was fair. PM Capital said in a statement: "PM Capital disagrees with ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
Almost half of all superannuation products have seen their fees cut in the last 12 months while 5% of products' fees dropped more than once. Recent analysis of 463 superannuation fund product disclosure statements by Rainmaker Information found ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary of the Commonwealth Bank. In early ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... peer funds". "As we continue this process, our members' values will remain a key consideration for us, recognising that fees and returns are important but are not the only reason Australians choose their superannuation fund," Piper said. "It is my ...

Australian crypto platform collapses

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... trapped. Launched in 2017, myCryptoWallet marketed itself as "Australia's most advanced digital currency solution" with zero fees. On 3 December 2021, it was resolved that the company would be wound up with SV Partners appointed as liquidators. "A resolution ...

QSuper, Sunsuper unveil rebrand

KARREN VERGARA  |  MONDAY, 6 DEC 2021
... products and services to Queensland government employees and their families. From 1 July 2022, the merged entity will reduce fees for two million members. Final details will be communicated to members prior to 30 June 2022. Australian Retirement Trust ...