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Showing 1111 - 1120 of 9372 results for "Fee"

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The $30 billion superannuation fund says the partnership "will help demystify complex financial concepts around superannuation and retirement planning" for members, outlining the metrics by which its success will be measured. David Koch, also known ...

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
Perpetual is creating a new multi asset strategies team, in a move that will see the departure of Pendal Group's head of multi asset. The fund manager said a recent review of its multi-asset capabilities resulted in a decision to merge the existing ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... investment management services for two years, with the possibility of extension. It will pay GQG an investment management fee of 0.75%. Greenwood will act as portfolio manager while the PAC board will continue to consider and approve all major portfolio ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
The Greens will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... high-quality service. Beyond additional choice, this creates competitive tension in the market and likely results in longer term fee savings for funds and their members," Dunn said. "We believe the Australian superannuation market is at risk of not achieving ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
Australian Retirement Trust (ART) has announced a range of changes to its investment strategy and options. ART chief of retirement, Kathy Vincent, said the fund engaged its members, advisers and employers to co-design the new investment menu. "When ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
A new report from State Street and Investment Trends found a record 25% of all new client inflows are placed into managed accounts. The proportion of advisers using them has more than tripled from 18% a decade ago to an equal record high of 56% now. ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
The Australian Financial Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
Lower fee-paying clients are severely affecting financial advice practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights ...