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Showing 1091 - 1100 of 4944 results for "Fees"

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 ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... This is based on the assumption that the member is a 30-year-old worker in a government-run fund who will pay exorbitant fees and earn lower investment returns. "Political ideology could also trump the financial interest of members, especially when a ...

Ex-Pengana staff launch boutique

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... strategy invests in global publicly listed companies ranging small to large caps and is open to all investors. Management fees start at about 0.35% per annum while performance fees sit at 20% p.a. "We have long-term aims of beating the benchmark, doing ...

Superhero offers access to Bitcoin ETF

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
... ETF available to investors. Superhero customers are able to deposit US dollars in real-time and buy units with $0 brokerage fees. "We know that many of our customers are interested in cryptocurrency, and the availability of the ProShares Bitcoin ETF ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... in need of cash to replace their existing insurance and superannuation products with new ones so he could receive advice fees and insurance commissions. He then used some of the fees and commissions he received to make cash payments to these clients. ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New 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 account currently pay less than ...

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... Dunnin said. "There's a lot to like about this arrangement."Ahead of APRA's test results, CFS d ropped the administration fees on FCES to 30bps and a flat fee of $10 per year for administration. It says it has reduced MySuper fees by $24 million since ...