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Showing 1301 - 1310 of 4947 results for "Fees"

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... corporate regulator has commenced civil proceedings against Commonwealth Bank over allegations it wrongly charged monthly fees to customers over a nine-year period. ASIC alleges CBA incorrectly charged $55 million in monthly access fees to nearly one ...

New hybrids ETF on Chi-X

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... Income Fund, which is for wholesale investors. The unlisted version has delivered 7.3% p.a. over 10 years to February before fees. One-year returns were 10.2%, three-year returns were 7.9% p.a. Elstree said it uses proprietary research and expects hybrids ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... increased project costs. The relaunch of the Clime International Fund, supported by Mercer as portfolio manager and with lower fees, is also considered part of the project, as is an overall product consolidation effort and increased platform availability ...

ABC, ISH arrangement faces scrutiny

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... members, Rowell said. Rowell retorted that APRA has done significant work, focusing instead on underperforming investments and fees. "I am genuinely concerned about this," Falinski said, pointing to how regulation for the super sector is on an unlevel ...

AMP Capital spins off REIT

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... Following the implementation, AMP is expecting $80 million in profit from the transaction and will stop receiving management fees from Precinct, which AMP said will not impact ongoing earnings. The sale of the management rights has been excluded from ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... superannuation entities (RSE), performance, member demographics, expense management, asset allocation, insurance arrangements, and fees and costs. The reporting framework now includes updates to facilitate the proposed Your Future Your Super amendments. ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
... company added that this would provide a "small base" and capability from which to grow and to derive both base management fees and investment performance fees. "It is intended that the investment /funds management division will grow to become a core ...

APSS explores merger with Sunsuper

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... chair Andrew Fraser said APSS members would benefit from a wide range of investment options, in-house administration and low fees. "The APSS looks to join us at an exciting time for our fund. It demonstrates our commitment to offering a high-quality ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... requirements that written consent from a fee recipient must be obtained by financial advisers before they can charge any advice fees as part of an ongoing fee arrangement. The second means ASIC will require Australian financial services licensees or ...