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Showing 1071 - 1080 of 9372 results for "Fee"

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
Australians believe they need $1.6 million to be financially comfortable in retirement, a new survey from Colonial First State (CFS) finds, but they cannot agree on what living comfortably looks like. This is well above Association of Superannuation ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... also noted the importance of continuing to include fees in the performance test because of its impact on retirement savings. "Fee transparency not only allows members to assess and compare costs between funds, but also drives competition across the super ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... they'll go from paying admin fees and costs of $78 plus 0.577% to $78 plus 0.470%. However, they will begin paying an investment fee of 0.080%. Still, they'll receive an overall reduction in fees of 0.027%. Spaceship Super was launched in 2017 ...

Commercial real estate optimism ticks up

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
The overall sentiment of global corporate real estate leaders has improved to its highest level since Q2 2022, according to a survey by Knight Frank. The real estate group asked the leaders to rate several sentiments around growth, portfolio, and workplace. ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
Mine Super is reducing the administration fees members pay next month as it moves forward with its merger with TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
US Federal Reserve chair Jerome Powell has changed his tune over the possibility of upcoming interest rate cuts, which means it could be an even longer wait here in Australia. Powell said recent US inflation data had not given policymakers enough confidence ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... Australian investors. RGOS aims to out outperform its benchmark, the MSCI All Country World Net Index, before costs and tax, with a fee of 0.95% per annum on assets under management. Russell Investments managing director of Australia and New Zealand ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... and costs, which enables regular portfolio contributions to go further by increasing market exposure. The new funds have a fee structure of 0.35% per annum of the fund's gross asset value. Betashares chief executive Alex Vynokur said: "Utilising gearing ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
HUB24, which owns Xplore Wealth, Class, and myprosperity, surpassed the $100 billion milestone at the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' ...