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Showing 101 - 110 of 291 results for "PDS"

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... be entitled to automatic income protection cover where applicable. Again similar to the MySuper offering, according to the PDS, most members are eligible for insurance though there are some caveats. For instances, those aged 65-69 years of age there ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... When it came to superannuation PDSs the report found cited research finding that 64% of consumers cannot locate fees in a PDS for a managed investment and 53% cannot locate fees in a PDS for a super fund. Super dashboards, which are intended to provide ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
... per year. The fund said the changes were part of its effort to deliver long-term benefits for members, and pointed out the PDS example of total costs for a $50,000 investment in its MySuper option has dropped by 22.6% since February. Energy Super chief ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
... income via exposure to global fixed income markets, with a minimum suggested investment time of five years, according to its PDS. The Neuberger Berman Strategic Income Strategy was first launched in the US in 2003, and subsequently in Europe in 2013. ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... duration) is in keeping with our objective to offer a return to investors in excess of the RBA's official cash rate," the PDS reads. Matthew Lemke, who set up Prime Value's Cash Plus Fund in 2014, is the portfolio manager for the new fund. The ...

Industry fund overhauls fee structure

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... required to, will provide you with at least 30 days' notice in advance of any increases to fees and costs," the updated PDS shows. Under the old structure, the fund used to charge ICRs on the following options on a per annum basis: high growth (1.01%) ...

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... promises members more transparency and better ways to deal with their superannuation provider. While Super Life does not have a PDS as yet, it aims to invest in "women-friendly companies." Financial education will be a centrepiece of the start-up's offering. ...

Corporate fund updates members on fee changes

KARREN VERGARA  |  FRIDAY, 19 JUL 2019
... investment fees decrease from 0.56% to 0.50%. Its estimated transaction costs went down from 0.14% to 0.13%. According to the PDS, the standard risk measure (SRM) for the fixed interest investment option has increased from a rating of medium or four ...

Small caps boutique shuts doors

KANIKA SOOD  |  WEDNESDAY, 10 JUL 2019
... management fee plus 15.38% performance fee on the amount by which it exceeded the returns of S&P/ASX Small Ords, according to a PDS from March last year. Last month, another Sydney small caps manager announced its plans to shut down, sending Zurich Investments ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
ASIC is reminding superannuation funds to update product disclosure statements to disclose exit fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting ...