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Showing 111 - 120 of 291 results for "PDS"

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
... investment will generate its returns from exposure to different infrastructure projects and other underlying assets," the PDS said. The fund will invest across loans and debt securities, listed and unlisted equities and cash. One Managed Investment Funds ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... option will reduce by more than half to 0.17%. Meanwhile, the variable administration fee will increase to 0.27%. The current PDS shows the variable portion of admin fees sits at a 0.20% expense recovery cost capped at $914.22. The new laws will also ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... manner although this is slowly improving," Russell writes. "On top of this, while all active open products disclose their PDS very few publish their own annual reports." "This ill-defined governance structure is despite the relatively high fees charged ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... parental leave. The fund also claims to offer cheaper fees than industry superannuation funds. According to FairVine's PDS, members will be charged an administration fee of 1.09% per annum, and an indirect cost ratio of 0.11% per annum. The buy-sell ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... annum of the fund's NAV. A 20% performance fee (plus GST) is charged based on the portfolio's outperformance, the PDS shows. Regal chief investment officer Phil King said a lot of Australians are overexposed to property and equities, and they ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
... products have social security benefits. "I think there's something there to do around that. We've got a brand new PDS that's coming out, we've got a new order of priority in terms of the quote that an adviser will go through," Lowe said. ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... said fees under the new MLC MySuper "could go up marginally according to the indirect cost ratio figures published in the PDS." Why the changes? MLC MasterKey Business Super (MLC MySuper) currently ranks 48 out of 54 workplace super default single strategy ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... Group executive director of research and compliance Alex Dunnin said ASIC's proposal to streamline fee disclosures within PDS templates is welcomed, especially the proposal to bundle all admin and ongoing fees into a single 'cost of product' ...

Retirement income covenant consultation continues

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
Treasury is seeking consultation on disclosure documents and calculation methods for its proposed retirement income covenant. Phase two of the Retirement Income Framework is aiming to develop standardised and simplified metrics in product disclosure ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... managed investment scheme. Since April, ASIC has successfully stopped five separate ICOs and issued a final stop order on a PDS issued by Investors Exchange for units in the New Dawn Fund. In its investigations, problems consistently identified by ASIC ...