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Showing 1051 - 1060 of 4940 results for "fees"

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... was one of 13 MySuper products to fail the performance test. Following this, the fund introduced a cap on administration fees and overhauled the strategic asset allocation of the Growth option.

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... they can and can't service. "We have dual roles. One is how do we make our processes more efficient, and we keep our fees competitive such that it doesn't impact on the cost of the advice, but hopefully reduces it," he said. The second role is ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... proceedings against Westpac for widespread compliance failures on November 30. The six matters filed related to charging fees to deceased customers; distributing duplicate insurance policies and seeking premiums from customers without a policy; charging ...

Aware Super, VISSF finalise merger

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... genuine economies of scale to provide all of our members with top performance and services, while striving to reduce our fees," Stewart said. This is the third merger Aware Super has completed in the past 18 months, including mergers with VicSuper and ...

ESG overhaul for SSGA ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 1 DEC 2021
... expected to significantly impact the ETFs' risk/return profiles, nor will there be any impact on cost, with all management fees to remain as they currently are. The changes are also in response to the growing popularity of ESG investing and the acceleration ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... around $3 million per year. AFA general manager of policy and professionalism Phil Anderson told the hearing where most of its fees are spent. "We've got administration costs around membership systems, but a lot of it is advocacy-both our advocacy ...

Schroders launches Schroder Australian Equity Long Short Fund

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... experience in managing equities. David said the fund's objective is to outperform the S&P/ASX 200 Accumulation Index after fees over the medium to long term by investing in, or short selling securities in, a broad range of listed equities in Australian ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... failures in its banking, wealth, superannuation and general insurance businesses. The six matters filed relate to charging fees to deceased customers; distributing duplicate insurance policies and seeking premiums from customers without a policy; charging ...

Industry fund cuts premiums

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... eligible for the payment of their claim." In October, REI Super overhauled the way it charges both administration and investment fees, with most members expected to pay less. It moved from an admin fee of a flat $1.65 per week plus 0.25% of a member's ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... Evans & Dixon and instead ordered it to pay a $8.2 million penalty, of which $1 million will go to the regulator's legal fees. This month, Piper Alderman launched a lawsuit against E&P Financial Group and its former chief executive Alan Dixon for allegedly ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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