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Showing 1241 - 1250 of 4944 results for "fees"

Investors move to thematic funds

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... performance dwindles to just 22% of thematic funds over a 15-year period, which Morningstar said could be attributed to the higher fees than non-thematic funds. "When it comes to investing in thematic funds, it is important for investors to understand ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... ongoing fee arrangement being terminated," the AFA said. Other practicality issues identified include the delays in processing fees; not having enough time to accurately check the FDS and to check it against product systems. More importantly, the AFA ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries of AMP between ...

Research reveals factors influencing advice

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
... capacity assessments on average, while salaried advisers gave higher recommended risk levels than those receiving commissions or fees. Experience, nor how many clients an adviser serves makes no significant difference to the advice provided, the study ...

MLC appoints co-head of private equity

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... $5 billion in funds under management. Its first co-investment fund, launched in November 2013 has delivered an IRR net of fees of 20.9% since inception, above its target of 15%.

AMP adds partnered portfolios to MyNorth

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
... which we regard as the pre-eminent wrap in the market." The launch of the PMPs comes after MyNorth lowered its administration fees by up to 22% for balances above $250,000. Administration fee caps for individuals are reducing by $400 and for families ...

Local Government Super rebrands, reduces fees

JAMIE WILLIAMSON  |  TUESDAY, 25 MAY 2021
As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees. Effective today, LGS will be known as Active Super; a name that "captures our long-standing active pursuit of investments that deliver ...

Ironbark signs on Canadian manager

KANIKA SOOD  |  MONDAY, 24 MAY 2021
... partnerships. It targets returns of 10-12% p.a. in gross IRR and delivered 11.6% last year. Ironbark declined to comment on the fees. In Australia and New Zealand, Ironbark will distribute the fund to institutional investors and family offices as part ...

ECPI draft legislation released

ANNABELLE DICKSON  |  MONDAY, 24 MAY 2021
... government released the draft legislation for the Your Future, Your Super reforms late last month. This included administration fees on the performance benchmark for funds also added Australian unlisted infrastructure and unlisted property as specific ...

Industry fund ups admin fees

KARREN VERGARA  |  MONDAY, 24 MAY 2021
An $18 billion superannuation fund is increasing its administration fees and adding to its cash option menu from July 1. CareSuper will stop passing on tax benefits to members via the fixed component of the admin fee and the percentage-based portion ...