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Showing 111 - 120 of 207 results for "Investment fees"

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... scale to be viable in the medium to long term. The transfer will result in a reduction in both administration and investment fees for members, in both MySuper and Choice options. In addition to cost benefits, Smartsave was apparently selected as the ...

VicSuper disputes fee hike claim

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... more than 225,000 members will instead receive fee relief, in the form of a 20% decrease in administration and investment fees upon completion of the merger. "A recent Australian Financial Review article incorrectly suggested that VicSuper members would ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... investment fee and decrease the standard risk measure while maintaining the existing return objective. QSuper said investment fees in the option will reduce from 0.72% to 0.24% after the transition and the indirect cost ratio will reduce from 0.18% to ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives. Statewide Super has revised its long term investment objectives for high growth ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... Super Directions for Business, Super Directions for Business Rollover Section, Super Leader, and Tailored Super. Investment fees on cash options entered into from February 1 - including AMP SignatureSuper, SignatureSuper Select and SignatureSuper Allocated ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... this gap in the most sustainable way," the fund said. "Even with the new fee, the combined administration and investment fees for the Balanced investment option (where most members are invested) are still lower than they were 10 years ago." The last ...

Super fund lowers MySuper fees

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... every $50,000 in balance, after changes that came into effect on 1 November 2019. This includes reductions in investment fees which went down from 0.15% to 0.13% per year and indirect costs which went from 1% to 0.92% per year. Majority of TWUSuper's ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... week, the $2 billion GuildSuper made a raft of changes to its MySuper investment options, which included dropping investment fees and costs but hiking administration fees. REI Super also made changes to its fees, with investment fees rising by two basis ...

Industry fund overhauls MySuper options

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2019
... superannuation fund is making a number of changes to its MySuper investment options. It is also substantially dropping investment fees and costs while increasing those charged for admin from March 2020. GuildSuper has informed members it will change ...

Fee changes at industry super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... options, according to a notice to members. Some options will see a fee cut, while fees on others have been increased. Investment fees charged to members in the fund's growth option will rise from 0.50% to 052%. However, total per annum fees for the option ...