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Showing 1051 - 1060 of 8396 results for "OPT"

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... SaveSmart account - the super fund's lifecycle MySuper investment option. As of next month, Vanguard Super members can opt to have advice fees deducted directly from their SaveSmart account when personal advice is provided by a licenced financial ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
Having spent more than two decades working with super funds down under, BNP Paribas says it's spending more time focusing on the quality rather than the quantity of its partnerships. Speaking with Financial Standard, BNP Paribas head of institutional ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
Australian Unity has been forced to put a half-completed apartment building up for sale because of "ongoing construction-related issues." In a recent letter to investors of the Australian Unity Select Income Fund, Australian Unity said that after having ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Morningstar has revealed that in sectors such as Australia mid/small blend and local large value equities, active funds demonstrate superiority, while passive funds remain dominant in markets with representative indexes. According to the research house's ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

Hollywood strike plays havoc with film fund

CASSANDRA BALDINI  |  FRIDAY, 3 NOV 2023
The AEP Screen Fund has not been able to raise a single dollar due to the ongoing strike action in Hollywood, but GSFM chief executive Damien McIntyre is confident the money will pour in once a deal between actors and production companies is signed. ...

E-commerce giant retreats from super

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2023
Just four years on from its much-hyped launch, Kogan Super has closed its doors to new members. Kogan initially flagged its intention to enter the superannuation sector in late 2018, saying it had partnered with Mercer to develop a new "no frills, ultra-low ...

Janus Henderson to delist from ASX

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... Notably, If CDI Holders don't sell their CDIs before the delisting, or choose to take part in the voluntary sale facility, or opt to convert to NYSE-listed Shares before the voluntary sale facility closes, their associated shares will be automatically ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
NGS Super has launched its Easy Default offering which aims to help members manage savings while hitting retirement income objectives. Easy Default can be established on either the NGS Income Account or the Transition to Retirement Account. When the ...

Industry fund chief steps down

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
The long-standing chief executive of a $6.7 billion industry fund will leave December 1, after nearly two decades at the helm. Prime Super chief executive Lachlan Baird, who's held the role since 2005 and presided over "considerable change and growth" ...