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Showing 1081 - 1090 of 4940 results for "fees"

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... were not aware they were receiving financial advice. Consumers told ASIC it costs them between $10,000 to $25,000 in upfront fees to join the scheme together with ongoing fees of up to $800 per year. Some consumers complained to ASIC that they had difficulty ...

AMG Super launches platform, product

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... Ethical Super and Colonial First State's FirstChoice. Since the test results, some super funds were forced to reduce fees, while others like ASGARD Employee Super shut down in October.

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... will force superannuation trustees to lift their game and expose choice products that are failing members by charging high fees and delivering poor investment returns. APRA found that choice products charge 40% more in administration fees than MySuper ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... support structure and online access, handling all the trading, reporting and administration, whilst charging zero ASX brokerage fees. "Australians historically tend to put their savings into property and a few well-known stocks, but retail investors ...

ACSRF expands digital partnership

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... director Jude Metcalfe said. In August, the $10 billion super fund announced that it reduced its administration and investment fees. Asset-based administration fees dropped to 0.19% for each account balance, meaning the maximum fee for each member is ...

AMP adds options to MyNorth

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... individuals also reduced by $400 and for families by $500 per year. "In the past year, we've reduced North's administration fees, reduced brokerage fees, expanded North's diversified and partnered managed portfolio offers and launched the MyNorth Guarantees ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... figures comprise operating costs and look-through costs, which cover expenses such as investment management and performance fees incurred. In the latest financial year results, three out of four areas drove up costs for the sovereign wealth fund: agency ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... reducing our weekly administration fee by 33%, to just $1.00 per week per account. We also reduced the estimated investment fees for all ready-made options including MySuper and some of our single asset class options." The superannuation fund is in the ...

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... investors shortly after it listed in the US. Superhero users can deposit US dollars in real-time and buy units with $0 brokerage fees. Superhero chief technology officer and co-founder Wayne Baskin said: "We know that crypto is something our customers ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... next few months we're releasing several improvements including the addition of reduced income tax credits (RITC) on advice fees for investment clients, enhancing the advice fee process for offline consent, and beginning to facilitate in specie rollovers ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
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  |   11:09AM
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  |   12:20PM
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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