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Showing 1061 - 1070 of 4942 results for "Fees"

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 ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... there is evidence that they have been incorrectly or inappropriately classified. "AFCA should improve the transparency of its fees for financial firms and how the fees are being used to support AFCA's activities," the report reads. After finding that ...

Are managed accounts living up to the hype?

ELIZABETH MCARTHUR  |  THURSDAY, 25 NOV 2021
... that remain fairly opaque," Bevan argued. He said managed accounts have delivered on transparency of investment holdings and fees. For example, it's difficult to find data comparing one managed account to another on returns and fees - whereas in ...

Super assets rise to $3.4tn

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... (21%) and global stocks (30%). An analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper ...

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
Across asset classes there is significant downward pressure on institutional asset management fees, according to new research from bfinance. The study's key findings include a reduction in the cost of active global equities strategies with ESG requirements ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... applications seeking judicial advice are still before the Courts, APRA notes that matters relating to the charging of trustee fees and management of financial resources are likely to continue to evolve over the coming months. APRA executive board member ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... more likely to be neutral. Asked what changes they experienced due to the merger, engaged members cited things such as lower fees, greater availability of information online and "a marked improvement in value". "Those surveyed also reported a modest ...

InvestSMART launches ethical product

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... and Westpac. The offer opened on November 15 and closes on November 26. The minimum investment is $10,000 with management fees capped at $451 p.a. while the brokerage fee is the greater of $4.95 or 99bps per trade per security. "With the InvestSMART's ...

Australians look to gift crypto assets

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... major concern as eight in 10 respondents prioritise it when choosing where to buy crypto, while 78% said they look for low fees. For 64%, market volatility is a key issue while close to half were worried about unscrupulous activity and scams. A further ...