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Showing 91 - 100 of 183 results for "Investment fees"

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... Super Directions for Business, Super Directions for Business Rollover Section, Super Leader, and Tailored Super. Investment fees on cash options entered into from February 1 - including AMP SignatureSuper, SignatureSuper Select and SignatureSuper Allocated ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... this gap in the most sustainable way," the fund said. "Even with the new fee, the combined administration and investment fees for the Balanced investment option (where most members are invested) are still lower than they were 10 years ago." The last ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... every $50,000 in balance, after changes that came into effect on 1 November 2019. This includes reductions in investment fees which went down from 0.15% to 0.13% per year and indirect costs which went from 1% to 0.92% per year. Majority of TWUSuper's ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... week, the $2 billion GuildSuper made a raft of changes to its MySuper investment options, which included dropping investment fees and costs but hiking administration fees. REI Super also made changes to its fees, with investment fees rising by two basis ...

Industry fund overhauls MySuper options

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2019
... superannuation fund is making a number of changes to its MySuper investment options. It is also substantially dropping investment fees and costs while increasing those charged for admin from March 2020. GuildSuper has informed members it will change ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... options, according to a notice to members. Some options will see a fee cut, while fees on others have been increased. Investment fees charged to members in the fund's growth option will rise from 0.50% to 052%. However, total per annum fees for the option ...

Cbus hikes fees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... of change and to keep trust with our members." Atkin added that the fund had made a concerted effort to reduce investment fees for members. "We saved over $70 million in investment fees for members last year and will be saving over $100 million a year ...

Fee cuts at super fund

KANIKA SOOD  |  MONDAY, 2 DEC 2019
A retail superannuation fund has dropped the investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive. Australian Ethical will now charge 40 basis points instead of the prior 50 bps per year ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... receive the unit prices". Most retail funds receive net returns from investment managers after the deduction of investment fees, which Dunnin said APRA's expense report appears to not take account of. According to Dunnin, the issue lies in the potential ...

Industry still shy of flat dollar fees: Frontier

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2019
... large superannuation funds, yet the industry has been slow to adopt this method. "There was some change in overall investment fees for some funds due to changes in asset allocation and changed use of active management but these were mostly not that significant ...