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Showing 111 - 120 of 261 results for "Investment fee"

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... fees. Balanced Equity Management - Australian Shares has a management fee of 0.13%, no performance fee and a total investment fee of 0.13%. The Australian shares option has a management fee of 0.37%, a performance fee of 0.06% and a total investment ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... Balanced Index option is reducing from 0.65% per annum to 0.554% per annum. The flat fee of $93.60 a year and the investment fee of 0.20% will remain the same. The Future Super Balanced Impact and Future Super Renewables Plus Growth options will enjoy ...

AMP launches retirement product

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
AMP has launched a new retirement product that guarantees the return of capital regardless of market volatility. Available on its MyNorth platform, MyNorth Guarantees aim to help investors nearing retirement protect their nest egg against sequencing ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
Mercer is introducing a series of changes to its default and lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members ...

Industry fund names new group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 NOV 2020
Australian Catholic Superannuation and Retirement Fund has ended its longstanding relationship with OnePath, naming a new group insurer to take over in the New Year. The $9 billion industry fund said it undertook a comprehensive review and tender process ...

LGIAsuper alters asset allocations

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
The $13 billion superannuation fund has made changes to its investment strategy, which included reducing exposure to property and global shares and introducing a new asset class. As of November 1, LGIAsuper reduced its exposure to property, traditional ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
Spaceship is the best-value superannuation for younger members, which, based on new research, is outperforming its competitors by a long shot. Rainmaker's newly-released June 2020 Benchmarking report found Spaceship outclassed its peers in terms ...

Industry fund flags fee cuts

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
A $64 billion industry super fund has flagged a reduction in estimated investment fees and costs across most of its investment options. Sunsuper said a number of investment options have experienced a change in estimated investment fees and indirect ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
... annum plus $60 for a total of $138 per year in admin fees. The indirect cost ratio remains the same at 0.06% and investment fee remains at 0.55% of the balance. Rest will also stop passing on the benefit of the tax deduction it receives on insurance ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
... investment changes added significant value to the fund's performance in these sectors and resulted in a higher investment fee due to the payment of performance based fees to some of our investment managers. "For example, buying shares and credit at lower ...