Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1091 - 1100 of 9372 results for "Fee"

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... Measures) Bill 2024, which was introduced in parliament on March 27, proposes to legislate trustees' ability to pay a fee from a member's super account to an adviser for personal financial advice provided as per Recommendation 7 of the Quality ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... charges on David Mario Valvo while running his practice Your Financial Freedom. ASIC alleged that Valvo submitted adviser fee withdrawal forms for 12 of his clients' Wealthtrac superannuation accounts for amounts totalling about $110,000, knowing ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... increasing efficiency and decreasing processing times on requests," Constable said. While the data migration will result in fee reductions for some members, the "ultimate goal" is to consolidate everything onto one platform, streamlining products and ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
BlackRock has maintained its position as the best brand among asset managers in the US and APAC, though subtle shifts are signalling change, according to the latest Broadridge Fund Brand 50 report. Incorporating insights from 1200 fund selectors and ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
TelstraSuper has lowered its percentage-based administration fee, effective April 1. The percentage-based administration fee will be reduced from 0.17% to 0.16% p.a. of each member's account balance. "As every little bit counts, we think that this move ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
APRA will publicly expose the way superannuation fund trustees are spending and investing members' funds later this year. The move comes after a consultation with the industry in which APRA sought feedback on proposals to treat most of the data it now ...

HMC Capital acquires asset manager

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... platforms in digital infrastructure, energy transition and private credit. The company said StratCap had an existing base of fee-paying assets under management across around 3400 investors, a deep actionable pipeline with opportunities under contract ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
The best superannuation fund products, based on factors such as investment performance, insurance, fees, and organisational strength, have been named. Rainmaker Information awarded its annual "symbol of excellence" AAA Quality Rating to 48 super funds ...