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Showing 1321 - 1330 of 4947 results for "Fees"

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... AxiCorp is required to take all necessary steps to cease on-boarding new customers and not charge customers commission or other fees for financial services provided by AxiCorp in Australia for as long as the attestation remains outstanding," ASIC sai ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... financial services. Bhandari was found to have prioritised his own interests over the interests of consumers. He charged fees for super consolidation - a service which is free through the ATO - on an ad hoc basis without transparency, fairness, or consistency. ...

Ironbark fund swaps managers

KANIKA SOOD  |  FRIDAY, 12 MAR 2021
... will change to CAI Australian Fund. Ironbark will remain the RE but Longreach will become the distributor. The management fees will drop from 78 bps a year to 56 bps. Karara Capital made the decision to get out of large-capo Australian equities as superannuation ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... development." Testimonials from the company's website include Melissa from Western Australia who was refunded $4369 for advice fees charged when advice was never received and Deanne from Queensland who got $8445 worth of advice fees refunded. The ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... asset pool's financial results (which includes investment returns, the mortality experience of the pool, timing, and fees and costs), invested in QSuper's balanced option. Chief of member experience Jason Murray commented that Lifetime Pension ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... instances of potential trustee misconduct are trustee competence and oversight, complaints handling processes and mischarging of fees, she said. ASIC has worked closely with the prudential regulator throughout, Chester said, adding that its recent action ...

AMP Capital severs ties with global equities unit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... 2021, returning 19.6% over one year and 25.5% p.a. since inception date of 5 November 2018. It aims to deliver 10% p.a. after fees and costs; top holdings include software firm Synopsys Inc, Visa, Ferrari and S&P Global. Over the next few weeks, AMP ...

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... fund for non-government schools, has strengthened the exclusions in its socially responsible investment option and increased fees. The fund notified members that new exclusions will be applied to its Socially Responsible Diversified (SRD) option from ...

Montgomery launches two global strategies

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... concentrated portfolio of 25 to 35 high-quality growth companies from around the world. The fund delivered 16.42% per annum net of fees, while its benchmark MSCI ACWI Net Total Return Index returned 10.77% p.a. Around June 2021, the Polen Capital Global ...

Super fund halves admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAR 2021
An $11.2 billion superannuation fund will halve its administration fees later this month. Mine Super is reducing its MySuper administration fees by a whopping 50%, dropping to $52 per year from $104. "We know the fees you pay today can make a big difference ...