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Showing 1271 - 1280 of 4944 results for "fees"

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
... Responsible Growth Model is a tax-effective investment bond that will target a return of 3.5% above the cash rate per year, after fees and costs. Evergreen said it is using its propriety index, the Evergreen Responsible Investment Grade (ERIG) Index ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... funds provides significant cost efficiencies for superfunds who are focused on delivering cost savings to ensure low member fees." She added that it is already common practice for super funds to disclose voting activities. Proxy advisers are required ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... released draft regulation for the reforms, incorporating two of the many demands from the industry: inclusion of administration fees and unlisted local assets in the performance benchmarking. However, the government is still sticking to other contested ...

Mandates will flow to transparency: Survey

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... and a further 32% believe there will be a slight increase. The other major trend identified by the survey is pressure on fees. A third (33%) of survey responders said there will be a dramatic increase in the value of switching from expensive funds into ...

Former Australian Unity adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... implemented. ASIC surveillance found Chan advised clients to opt out of transitioning to a MySuper product, claiming the fees associated were higher than those being charged by their existing super fund. As a result, some members chose not to fully transfer ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... to Morningstar data. The most recent fund update shows it returned 23.67% year on year in March 2021, and 5.71% gross of fees since inception for wholesale investors. Its objective was 6.47% since inception.

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... competitive national market, and the best way to do that is together." The merged entity promises that all members will see fees reduce. Suncorp banking and wealth chief executive Clive van Horen said: "After extensive engagement with a number of potential ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... Group, National Australia Bank and Westpac. It tracks the Solactive Australian Banking Preferred Shares Index before the fees of 35 bps per year and transaction costs of 4bps. The index is market-cap weighted and limits each bank's maximum weight in ...

Dealer group offers new fee structure

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... according to the number of days worked. Those advisers who are taking maternity or paternity leave will be able to suspend fees in full for up to 12 months, or pay a reduced fee if they wish to retain access to masterclasses and webinars and complete ...