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Showing 1211 - 1220 of 9372 results for "Fee"

Private markets make concrete inroads with advisers

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2023
Financial advisers are feeling energised by private markets as fund managers pave the way to make opportunities accessible not only to sophisticated investors but also retail clients more than ever. Diversification, enhanced returns, and improved accessibility ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
Barings is mooting the launch of several new Asia Pacific investment strategies in 2024, aimed at "meeting the evolving needs of Australian wealth and institutional clients". The US$347 billion global investment manager anticipates that the introduction ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
Qantas Super recently provided an update as to its merger plans, including the appointment of a dedicated committee and an outline of the three key issues forcing its hand. In September, the $8.4 billion fund confirmed it was exploring its options in ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... buy/sell spreads and management fees. International equities ETPs have a higher buy/sell spread of 0.05% with a lesser management fee of 0.13% per annum, whereas cash ETPs incur a lower buy/sell spread of 0.02% but a slightly higher management fee of ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... Moderate, Growth, High Growth, and Cash options, are managed by Mercer. All existing members continue to pay an administration fee of $1 per week plus an asset-based administration fee of 0.49% p.a. The Direct Investments option charges an additional ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
Treasury is seeking feedback on how the inherently complex retirement phase of superannuation can be improved to match the success of the accumulation phase. The consultation discusses three key areas: Helping members navigate the retirement income ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
A former auditor who was busted for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT). In August 2022, Janette Townshend was found to have breached independence requirements by auditing ...

Global X slashes ETF fees

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... market exposure while generating income and diversifying their portfolios. Global X ETFs chief executive Evan Metcalf said the fee reductions come amid a resurgence in demand for bonds and demonstrates Global X's commitment to providing investors with ...

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2023
Following industry feedback, Allianz Retire+ has made some updates to the Allianz Guaranteed Income for Life (AGILE) product it launched earlier this year. The first major update is the introduction of the Age Pension+ option, which enhances eligibility ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... fees from members, even though they did not receive such services. OnePath told members that they were obligated to pay a fee for advice from a plan adviser, even after the member had been transferred to a division of Integra Super where they were not ...