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Showing 1101 - 1110 of 9372 results for "Fee"

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... institutional account changes anticipated to take place over the coming months, are likely to result in a reduction in annualised fee revenue for the company of approximately $18 million p.a." Platinum ended February with $15.6 billion in funds under ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) and overhauling financial services guides (FSG) are set out in Treasury Laws Amendment (Delivering Better ...

Vanguard lowers management fees

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
Vanguard Australia has reduced the management fee for the Vanguard Australian Government Bond (VGB) Index ETF by four basis points from 0.20% to 0.16% per annum, effective today. This latest fee reduction follows two fee decreases introduced this time ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
'Goldilocks' soft-landing view, deteriorating consumer health and a poor growth outlook this Australian reporting season hints at a hard landing. "After digesting the latest information from reporting season results and company meetings our analysis ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
AvSuper provided further updates on its merger with Australian Retirement Trust (ART), flagging to members that they will likely see investment, administration, and insurance fees increase. AvSuper will join the $280 billion ART with its 2.3 million ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
Superannuation funds will be focused on ongoing merger activity and strengthening retirement strategies and product solutions in the next few years, according to Deloitte's Dynamics of the Australian Superannuation System report. The report forecasted ...

Perpetual seeds Kapstream fund

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... interest from high-net-worths and family offices following Perpetual Private's seeding commitment. KPIF charges a management fee of 0.89% and is overseen by Kapstream portfolio managers Dylan Bourke and Mark Bayley. It targets a return of the RBA cash ...

Why active managers are falling behind in emerging markets

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Equities investors in emerging markets targeting outperformance may be better served implementing a multifactor strategy, according to new research from VanEck. The research paper, Factor-in Emerging Markets, revealed employing multiple factors would ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
Industry funds will soon be home to more than 50% of all superannuation assets, as per Deloitte's Dynamics of the Australian Superannuation System report. Retail funds are anticipated to grow in the future, thanks to their existing scale, a wealthier ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... be worse in future, or that income levels might not be sustainable had been disclosed The regulator also found evidence of fee for no service conduct where customers were paying for ongoing advice but not receiving periodic reviews of suitability, while ...